Notes to the consolidated financial statements

Capital commitments

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31 March

 

2011
£m

2010
£m

Commitments for the acquisition of property, plant and equipment

24

8

Operating lease arrangements

Operating lease payments represent rentals payable by the Group for certain of its land, buildings, plant and equipment. Certain operating lease agreements allow for renewal at the end of the original term at the option of the Group.

At the balance sheet date the Group has outstanding commitments under
non-cancellable operating leases which fall due as follows:

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31 March

 

2011
£m

2010
£m

Within one year

24

31

Later than one year and no later than five years

68

84

After five years

81

80

Total

173

195