CITIC Limited Half-Year Report 2019

97 CITIC Limited Half-Year Report 2019 For the six months ended 30 June 2019 28 Contingent liabilities and commitments (continued) (e) Outstanding litigation and disputes (continued) (i) Investigation into 2008 forex incident (continued) In the absence of the findings of these investigations being made available to the Company and due to the inherent difficulties involved in attempting to predict the outcome of such investigations and in assessing the possible findings, the directors do not have sufficient information to reasonably estimate the fair value of contingent liabilities (if any) relating to such investigations, the timing of the ultimate resolution of those matters or what the eventual outcome may be. However, based on information currently available, the directors are not aware of any matters arising from the above investigations that might have a material adverse financial impact on the consolidated financial position or liquidity of the Group. (ii) There are a number of disputes with Mineralogy, and their details are disclosed in Note 3(b). (iii) There are some issues in dispute with MCC, and their details are disclosed in Note 3(a). (f) Capital commitments As at the balance sheet date, the Group had the following capital commitments not provided for in these consolidated financial statements: 30 June 2019 31 December 2018 HK$ million HK$ million Contracted for 34,087 28,970 (g) Operating lease commitments The Group leases certain of its fixed assets. As at the balance sheet date, the Group’s future minimum lease payments under non-cancellable operating leases are as follows: 31 December 2018 HK$ million Within 1 year 6,709 Between 1 and 2 years 5,631 Between 2 and 3 years 4,769 Over 3 years 11,498 28,607 From 1 January 2019, the Group has recognised ROU assets for these leases, except for short-term and low-value leases, see Notes 2(b). Notes to the Consolidated Financial Statements