22.

Finance lease payables

Figures in Rand thousand 2019    2018   
Minimum lease payments due        
– within one year  33 000     43 565    
– within two to five years  28 754     63 761    
   61 754     107 326    
Less: Future finance charges  (4 393)    (15 578)   
   57 361     91 748    
Present value of minimum lease payments due             
– within one year  29 331     35 360    
– within two to five years  28 030     56 388    
   57 361     91 748    

The Group enters into finance leasing arrangements for certain motor vehicles, IT equipment and office equipment. The years of maturity range from 2020 to 2024 and the leases bear interest at rates up to prime plus 4% (2018: prime plus 4%). The Group’s obligations under these finance leases are secured by the leased assets as per note 4.