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Notes to the Consolidated Financial Statements

22. Provisions for other liabilities and charges

All figures in millions Deferred
consideration
Leases Other Total
At 1 January 2007 25 12 15 52
Exchange differences (1) (1) (2)
Charged to consolidated income statement
– Additional provisions: interest 2 2
– Additional provisions: prior year adjustments 3 3
– Additional provisions: other 12 12
– Unused amounts reversed (1) (1) (2)
Acquisition through business combination 12 2 14
Disposal through business disposal (1) (1)
Utilised (4) (2) (5) (11)
At 31 December 2007 37 9 21 67
All figures in millions 2007 2006
Analysis of provisions
Non-current 44 29
Current 23 23
67 52

Deferred consideration, including interest and prior year adjustments, primarily relates to the acquisition of Mergermarket in 2006. These amounts are payable in March 2009. Additional amounts incurred relate to the Group’s smaller acquisitions during the year (see note 29).

Lease commitments relate primarily to onerous lease contracts, acquired through business combinations, which have various expiry dates up to 2017. The provision is based on current occupancy estimates.

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