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Annual Report 2007

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Annual Report 2007

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NOTES TO THE FINANCIAL STATEMENTS continued

 

13. Finance Leases
       
         
Obligations under finance leases computer:

Group
2007
£m

Group
2006
£m

Parent
2007
£m

Parent
2006
£m

Retals Payable:
       
In one year
0.3
0.3
0.3
0.3
Between one and two years
0.2
0.3
0.2
0.3
Between two and five years
0.1
0.3
0.1
0.3
 
0.6
0.9
0.6
0.9
Less amounts representing future interest
(0.1)
(0.2)
(0.1)
(0.2)
 
0.5
0.7
0.5
0.7
         
The maturity profile of the carrying amount of the Group’s non-current liabilities, at 30 June 2007 was as follows:
         
Analysis of debt maturity

Group
2007
£m

Group
2006
£m

Parent
2007
£m

Parent
2006
£m

In one year
0.2
0.2
0.2
0.2
Between one and two years
0.2
0.2
0.2
0.
Between two and five years
0.1
0.3
0.1
0.3
 
0.5
0.7
0.5
0.7
Obligations under finance leases are disclosed in the creditors as shown in notes 11 and 12
14. Provisions for liabilities and charges
       
 
   

Deferred Tax
£m

Total
£m

Group
At 1 July 2006
   
3.5
3.5
Credit for the year
   
(0.1)
(0.1)
At 30 June 2007
   
3.4
3.4
         
Parent
       
At 1 July 2006
   
3.4
3.4
Credit for the year
   
(0.1)
(0.1)
At 30 June 2007
   
3.3
3.3
         
Deferred Tax

Group
2007
£m

Group
2006
£m

Parent
2007
£m

Parent
2006
£m

Accelerated capital allowances
1.3
2.8
1.3
2.8
Accelerated tax relief on capitalised interst
1.4
1.4
1.4
1.4
Other
0.7
(0.7)
0.6
(0.8)
Deferred tax provision
3.4
3.5
3.3
3.4
         

Factors that may affect future tax charges

Based on current capital investment plans, the Group expects to continue to be able to claim capital allowances in excess of depreciation in future years.