Note 31 | Notes to the Consolidated Financial Statements | Governance & Financials

31 Commitments

Capital commitments
Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows:
All figures in £ millions	2005	2004	2003
Property, plant and equipment	1	6	1
The Group leases various offices and warehouses under non-cancellable operating lease agreements. The leases have varying terms and renewal rights. The Group also leases various plant and equipment under operating lease agreements, also with varying terms. The lease expenditure charged to the income statement during the year is disclosed in note 5. The future aggregate minimum lease payments in respect of operating leases are as follows:
All figures in £ millions	2005	2004	2003
Not later than one year	129	117	123
Later than one year and not later than five years	397	353	375
Later than five years	869	584	529
Total	1,395	1,054	1,027