Notes to the financial statements

for the year ended 31 March 2012

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23 Obligations under finance leases and hire purchase contracts

Consolidated
2012
£’000
2011
£’000
Finance lease liabilities – minimum lease payments:
– within one year 138 410
– between 1 and 5 years 137
138 547
Future finance charges on finance leases (2) (20)
Present value of finance lease liabilities 136 527
The present value of finance lease liabilities is as follows:
– within one year 136 392
– between 1 and 5 years 135
136 527