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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.