Fortis has entered into lease agreements to provide for office space, office equipment and vehicles.
The following table reflects future commitments for non-cancellable operating leases as at 31 December.
 Download XLS |
|
2007 |
2006 |
2005 |
|
|
|
|
Not later than 3 months |
9 |
6 |
6 |
Later than 3 months and not later than 1 year |
35 |
20 |
26 |
Later than 1 year and not later than 5 years |
97 |
94 |
69 |
Later than 5 years |
57 |
67 |
77 |
Total |
198 |
187 |
178 |
|
|
|
|
Annual rental expense: |
|
|
|
Lease payments |
174 |
79 |
70 |
