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Notes to the Financial Statements (Group)

26 Leases

Total rentals under operating leases charged to the income statement were as follows:

  2008
$m
2007
$m
2006
$m
  206 210 197

The future minimum lease payments under operating leases that have initial or remaining terms in excess of one year at 31 December 2008 were as follows:

  2008
$m
2007
$m
2006
$m
Obligations under leases comprise
No later than one year
101 103 108
Rentals due after more than one year:
Later than five years
145 184 161
Later than one year and not later than five years 212 195 182
  357 379 343
  458 482 451

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