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Notes to the Group financial statements

27 Operating lease arrangements

a) Lessee arrangements

The Group has outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

	Property £m	Vehicles, plant and equipment £m	Property £m	Vehicles, plant and equipment £m
	2009		2008
Within one year	33	8	34	10
More than one year and less than five years	125	19	127	26
After five years	422	–	427	–
	580	27	588	36

The Group leases various offices, stores and warehouses under non-cancellable operating lease agreements. The leases have various terms ranging from four to 11 years for vehicles, plant and equipment and 25 to over 100 years for property (including land), with varying escalation clauses and renewal rights. Generally, all property leases are reviewed every five years to align them with market rentals.

b) Lessor arrangements

The Group has non-cancellable agreements with tenants and the future minimum lease income is as follows:

	2009 £m	2008 £m
Within one year	28	28
More than one year and less than five years	94	93
After five years	159	154
	281	275

The Group sub-lets buildings of various nature under non-cancellable agreements. The leases have various terms, escalation clauses and renewal rights.