64 ANNUAL REPORT  2013  KATHMANDU 24 CONTINGENT ASSETS 25 COMMITMENTS (a) Capital commitments (b) Operating lease commitments  Group company as lessee: There are no contingent assets in 2013 (2012: 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: 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 2013 2012 2013 2012 NZ$’000 NZ$’000 NZ$’000 NZ$’000 Due within 1 year 43,618 39,193 - - Due within 1-2 years 38,618 34,446 - - Due within 2-5 years 70,916 73,580 - - Due after 5 years 16,159 20,048 - - 169,311 167,267 - - GROUP PARENT 2013 2012 2013 2012 NZ$’000 NZ$’000 NZ$’000 NZ$’000 Property, plant and equipment 479 1,680 - - Intangible assets 720 1,183 - - 1,199 2,863 - -