49 d) Others The Group had total cash outflows for leases for the year ended 31 December 2023 of Baht 111 million (2022: Baht 113 million) (the Company only: Baht 219 million, 2022: Baht 218 million), including the cash outflow related to short-term lease, leases of low-value assets and variable lease payments that do not depend on an index or a rate. 20.2 Group as a lessor The Group has entered into operating leases for its investment property portfolio consisting of land and building (see Note 14 to consolidated financial statements) of the lease terms are between 1 and 22 years. The Group has future minimum rentals receivable under non-cancellable operating leases as at 31 December 2023 and 2022 as follows: (Unit: Million Baht) Consolidated financial statements Separate financial statements 2023 2022 2023 2022 Within 1 year 31 24 38 32 Over 1 and up to 5 years 61 44 69 47 Over 5 years 115 98 114 98 Total 207 166 221 177 During 2023, the Group has sub-lease income amounting to Baht 9 million (2022: Baht 8 million) (the Company only: Baht 9 million, 2022: Baht 8 million). 21. Provision for long-term employee benefits Provision for long-term employee benefits, which represents compensation payable to employees after they retire and other long-term benefits, was as follows: (Unit: Million Baht) Consolidated financial statements Separate financial statements 2023 2022 2023 2022 Provision for long-term employee benefits at beginning of year 4,246 4,005 4,197 3,958 Included in profit or loss: Current service cost 197 192 194 189 Interest cost 96 91 95 90 Benefits paid during the year (78) (42) (77) (40) Provision for long-term employee benefits at end of year 4,461 4,246 4,409 4,197 342 IRPC Public Company Limited Notes to the Consolidate Financial Statements
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