Lenovo 2013 Annual Report Download - page 175
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2012/13 Annual Report Lenovo Group Limited 173
32 Significant related party transactions
(a) The Group had the following significant related party transactions in the normal course of business during the year:
2013 2012
US$’000 US$’000
閃聯信息技術工程中心有限公司
(IGRS Engineering Lab Limited) (an associate)
– Purchase of goods 9,183 6,197
北京聯想利泰軟件有限公司
(Beijing Legendsoft International Technology Company Limited)
(an associate)
– Purchase of goods 3,476 81
– Service income 351 856
Note: The English name of each company is a direct translation of its Chinese registered name.
(b) Key management compensation
Details on key management compensation are set out in Note 11.
33 Commitments
(a) Capital commitments
Apart from disclosed elsewhere in these financial statements, on March 31, 2013, the Group had the following other
capital commitments:
2013 2012
US$’000 US$’000
Contracted but not provided for:
– Property, plant and equipment 102,341 9,381
– Prepaid lease payments 52,770 40,579
– IT consulting services 1,953 2,992
157,064 52,952
Authorized but not contracted for:
– Property, plant and equipment 914,126 711,325
– Prepaid lease payments 5,474 47,213
919,600 758,538
At March 31, 2013, the Company did not have any capital commitments (2012: Nil) other than as disclosed in Note
33(a) above.
(b) Commitments under operating leases
The future aggregate minimum lease payments in respect of land and buildings under non-cancelable operating leases
of the Group are as follows:
2013 2012
US$’000 US$’000
Not later than one year 65,980 51,473
Later than one year but not later than five years 184,605 95,452
Later than five years 96,025 38,056
346,610 184,981
At March 31, 2013, the Company did not have any operating lease commitments (2012: Nil).