Page 180 - MONO_AR_2016_EN

31. Commitments and contingent liabilities 31.1 Capital commitments
As at 31 December 2016, the Company and its subsidiaries had capital commitments of approximately Baht 437 million (2015: Baht 417 million), relating to the construction of building and purchase of movie rights.
31.2 Guarantees
a) As at 31 December 2016, the Company had guaranteed credit facilities that have been issued by bank on behalf of the subsidiaries amounting to Baht 3,092 million (2015: Baht 3,244 million).
b) As at 31 December 2016, the subsidiaries had guaranteed credit facilities that have been issued by bank on behalf of the Company amounting to Baht 35 million (2015: Baht 35 million).
c) As at 31 December 2016, the Company and its subsidiaries had outstanding bank guarantees of Baht 1,365 million (2015: Baht 1,736 million) and of the Company only amounting to Baht 5 million (2015: Baht 5 million) issued by banks on behalf of the Company and its subsidiaries in respect of performance bonds.
31.3 Operating lease and service commitments
The Company and its subsidiaries had entered into several lease agreements in respect of the lease of office building space and other services contracts. The terms of the agreements were generally between 1 and 15 years.
As at 31 December 2016 and 2015, future minimum lease payments required under these non-cancellable operating lease and service contracts were as follows.
(Unit: Million Baht)
Payable:
in up to 1 year 220 in over 1 year and up to 5 years 316 in over 5 years 426
2016
2016
2015
2015
174 299 369
40
180