Notes to the financial statements

for the year ended 31 March 2012

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29 Financial commitments

Authorised future capital expenditure and financial investment amounted to:

Consolidated Parent company
2012
£’000
2011
£’000
2012
£’000
2011
£’000
Contracted 1,830

The Group as lessee

The future aggregate minimum lease rental commitments under non-cancellable operating leases were as follows:

Consolidated Parent company
2012
£’000
2011
£’000
2012
£’000
2011
£’000
Leasehold buildings:
– within 12 months 4,682 4,555
– in 1 to 5 years 11,029 11,603
– after 5 years 7,657 8,510
Total 23,368 24,668
Plant and equipment:
– within 12 months 1,221 2,145
– in 1 to 5 years 1,637 2,657
Total 2,858 4,802

None of the Group’s lease arrangements include any contingent rent payments and there are no renewal or purchase options or escalation clauses. There are also no restrictions imposed by the Group’s lease arrangements.