Financial Statements
Notes to the financial statements continued
14. Finance Leases |
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|---|---|---|---|---|
Obligations under finance leases computer: |
Group |
Group |
Parent |
Parent |
| Retals Payable: |
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| In one year |
0.1 |
0.3 |
0.1 |
0.3 |
| Between one and two years |
0.2 |
0.2 |
0.2 |
0.2 |
| Between two and five years |
0.3 |
0.1 |
0.3 |
0.1 |
0.6 |
0.6 |
0.6 |
0.6 |
|
Less amounts representing future interest |
(0.1) |
(0.1) |
(0.1) |
(0.1) |
0.5 |
0.5 |
0.5 |
0.5 |
|
The maturity profile of the carrying amount of the Group’s non-current liabilities, at 30 June 2007 was as follows: |
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Analysis of debt maturity |
Group |
Group |
Parent |
Parent |
| In one year |
0.1 |
0.2 |
0.1 |
0.2 |
| Between one and two years |
0.1 |
0.2 |
0.1 |
0.2 |
| Between two and five years |
0.2 |
0.1 |
0.2 |
0.1 |
.4 |
0.5 |
0.4 |
0.5 |
|
Obligations under finance leases are disclosed in the creditors as shown in notes 12 and 13 |
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15. Provisions for liabilities and charges |
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| Deferred Tax |
Total |
|||
Group |
||||
| At 1 July 2006 |
3.4 |
3.4 |
||
| Credit for the year |
(3.1) |
(3.1) |
||
| At 30 June 2007 |
0.3 |
0.3 |
||
Parent |
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At 1 July 2006 |
3.3 |
3.3 |
||
Credit for the year |
(3.1) |
(3.1) |
||
At 30 June 2007 |
0.2 |
0.2 |
||
Deferred Tax |
Group |
Group |
Parent |
Parent |
| Accelerated capital allowances |
(1.6) |
1.3 |
(1.6) |
1.3 |
| Accelerated tax relief on capitalised interst |
1.8 |
1.4 |
1.8 |
1.4 |
| Other |
0.1 |
0.7 |
- |
0.6 |
| Deferred tax provision | 0.3 |
3.4 |
0.2 |
3.3 |
| Deferred on pension asset | 0.5 |
0.7 |
0.5 |
0.7 |
| Deferred at end of the year inc tac on pension asset | 0.8 |
4.1 |
0.7 |
4.0 |
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. |
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