Huawei 2013 Annual Report Download - page 101

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100 Notes to the Consolidated Financial Statements Summary
27. Operating leases
(a) Leases as lessee
As at December 31, 2013 and 2012, the total future minimum lease payments under non-cancellable
operating leases are payable as follows:
2013 2012
CNY million CNY million
Within 1 year 618 472
After 1 year but within 5 years 878 577
After 5 years 65 58
1,561 1,107
The Group leases a number of warehouses, factory facilities, office premises and staff apartments under
operating leases. The leases typically run for an initial period of one to five years. None of the leases
includes contingent rentals.
During the year ended December 31, 2013, CNY2,392 million was recognised as an expense in the
consolidated statement of profit or loss in respect of operating leases (2012: CNY2,334 million).
(b) Leases as lessor
The Group leases out certain of its properties under operating leases (see note 3 and note 9). As at
December 31, 2013 and 2012, the Group’s total future minimum lease payments under non-cancellable
operating leases are receivable as follows:
2013 2012
CNY million CNY million
Within 1 year 23 100
After 1 year but within 5 years 19
24 109
During the year ended December 31, 2013, CNY77 million was recognised as rental income in the
consolidated statement of profit or loss (2012: CNY114 million).