17. BANK LOANS, OVERDRAFTS AND OTHER BORROWINGS (Cont'd)
(b) Other borrowings are repayable as follows:
1991
HK$'000
1990
HK$'000
Within 1 year and included in current
liabilities
64,269
75,769
After 1 year and included in long term
liabilities
-between 1 and 2 years
20,196
43,818
-between 2 and 5 years
49,192
69,388
43,818
133,657
119,587
18. UNDERTAKINGS FOR CHARGE OF PROPERTIES
The title deeds of certain of the Company's properties, with a net book value of HK$144,941,378 at 31st December, 1991, have been deposited with certain banks together with agreements of undertaking to execute a legal mortgage in an event of default of the Company's obligations under the respective loan agreements.
At 31st December, 1991, the Company's liabilities covered by the above agreements of undertaking were HK$260,000,000 (1990 — HK$112,000,000).
19. COMMITMENTS
(a)
At 31st December, the Company had commitments under operating leases to make payments in the next year as follows:
Land and Buildings
1991
Others
HK$'000
1990
HK$'000
1991
HK$'000
1990
HK$'000
Leases expiring:
Within 1 year
152
152
2,400
After 1 year but within 5 years
6,222
4,260
3,600
6,000
6,374
4,412
6,000
6,000
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