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Notes to the Consolidated Financial Statements

33 Commitments

Capital commitments

Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows:

Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows:
All figures in £ millions 2006 2005
Property, plant and equipment 1

The Group leases various offices and warehouses under non-cancellable operating lease agreements. The leases have varying terms and renewal rights. The Group also leases various plant and equipment under operating lease agreements, also with varying terms. The lease expenditure charged to the income statement during the year is disclosed in note 5.

The future aggregate minimum lease payments in respect of operating leases are as follows:

The future aggregate minimum lease payments in respect of operating leases are as follows:
All figures in £ millions 2006 2005
Not later than one year 123 132
Later than one year and not later than two years 113 117
Later than two years and not later than three years 103 108
Later than three years and not later than four years 90 97
Later than four years and not later than five years 83 81
Later than five years 857 915
  1,369 1,450

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