Notes to the financial statements
For the 52 weeks ended 1 March 2008
31. Operating leases
| 2008 £m |
2007 £m |
|
|---|---|---|
| Future aggregate minimum lease payments under non-cancellable operating leases are as follows: | ||
| Less than one year | (358.9) | (334.1) |
| Between one and five years | (1,359.7) | (1,263.5) |
| More than five years | (2,611.5) | (2,608.0) |
| Total operating leases | (4,330.1) | (4,205.6) |
Home Retail Group leases various retail stores, offices and warehouses under non-cancellable operating lease agreements. The leases have varying terms, escalation clauses, contingent rentals and renewal rights.
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