kAThMANdu  annual report 2012 63 24 CONTINGENT ASSETS 25 COMMITMENTS (a) Capital commitments there are no contingent assets in 2012 (2011: nil).  Capital commitments contracted for at balance date are: rent expenses reported in these financial statements relate to non-cancellable operating leases. the future commitments on  these leases are as follows: (b) Operating lease commitments Group company as lessee: Some of the existing lease agreements have right of renewal options for varying terms. the Group leases various properties under non-cancellable lease agreements. these leases are generally between 1 - 10 years.  Group pArent 2012 nZ$’000 2011 nZ$’000 2012 nZ$’000 2011 nZ$’000 Property, plant and equipment 1,680 131 - - Intangible assets 1,183 159 - - 2,863 290 - - Group pArent 2012 nZ$’000 2011 nZ$’000 2012 nZ$’000 2011 nZ$’000 Due within 1 year 39,193 31,708 - - Due within 1-2 years 34,446 28,885 - - Due within 2-5 years 73,580 62,889 - - Due after 5 years 20,048 23,785 - - 167,267 147,267 - -