Perennial Holdings Private Limited - Annual Report 2023

OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 30 LEASES (continued) Operating lease (continued) The following table sets out a maturity analysis of lease payments, showing the undiscounted lease payments to be received after the reporting date. 2023 2022 $’000 $’000 Less than one year 62,931 73,383 One to two years 55,607 62,264 Two to three years 46,752 51,576 Three to four years 36,678 43,341 Four to five years 33,770 40,025 More than five years 151,742 154,192 Total 389,480 424,781 31 COMMITMENTS At the reporting date, the Group has the following commitments in respect of: Group 2023 2022 $’000 $’000 (a) capital and development expenditures contracted but not provided for 528,862 510,036 (b) capital contributions in joint ventures 159,268 191,367 688,130 701,403 Notes to the Financial Statements Year ended 31 December 2023 217 ANNUAL REPORT 2023

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