Notes to the financial statements | Note 16

16. Lease receivables
16.1 Finance lease receivables
 

The Group provides voice and non-voice services to its customers, which make use of router and PABX equipment that is dedicated to specific customers. The disclosed information relates to those arrangements which were assessed to be finance leases in terms of IFRS 16.

Group  Total 
Rm 		 <1 year 
Rm 		 1 – 5 years 
Rm 		 >5 years 
Rm 
2022             
Minimum lease payments receivable             
Lease payments receivable  453  207  246  – 
Unearned finance income  (46) (24) (22) – 
Present value of minimum lease income (Lease receivables) 407  183  224  – 
              
2021             
Minimum lease payments receivable             
Lease payments receivable  565  260  305  – 
Unearned finance income  (67) (32) (35) – 
Present value of minimum lease income (Lease receivables) 498  228  270  – 
Company  Total 
Rm 		 <1 year 
Rm 		 1 – 5 years 
Rm 		 >5 years 
Rm 
2022             
Minimum lease payments receivable             
Lease payments receivable  114  55  59  – 
Unearned finance income  (15) (8) (7) – 
Present value of minimum lease income (Lease receivables) 99  47  52  – 
              
2021             
Minimum lease payments receivable             
Lease payments receivable  189  93  96  – 
Unearned finance income  (25) (14) (11) – 
Present value of minimum lease income (Lease receivables) 164  79  85  – 
16.2 Operating lease revenue
 
Group operating leases
Total 
Rm 		 <1 year 
Rm 		 1 – 5 years 
Rm 		 >5 years 
Rm 
2022 
Rental receivable on buildings  (94) (14) (46) (34)
Customer premises equipment receivables  (6) (4) (2) – 
Exchanges  (381) (126) (189) (66)
Masts and towers  (1 634) (535) (1 079) (20)
Total  (2 115) (679) (1 316) (120)
 
2021 
Rental receivable on buildings   (102) (31) (39) (32)
Exchanges  (196) (62) (134) – 
Masts and towers  (1 376) (484) (866) (26)
Total  (1 674) (577) (1 039) (58)

  Company operating leases
  Total 
Rm 		 <1 year 
Rm 		 1 – 5 years 
Rm 		 >5 years 
Rm 
2022        
Rental receivable on buildings (8) (2) (3) (3)
Customer premises equipment receivables (6) (4) (2) – 
Exchanges (171) (53) (85) (33)
Total (185) (59) (90) (36)
         
2021        
Rental receivable on buildings (24) (21) (2) (1)
Exchanges (165) (53) (112) – 
Total (189) (74) (114) (1)