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Notes to the financial statements - 40 Notes to the financial statements - 38

Notes to the financial statements

for the year ended 3 January 2009

39.Commitments



Capital commitments
Capital expenditure contracted for at the balance sheet date but not recognised in the financial statements is as follows:

  2008
€'000
  2007
€'000
Property, plant and equipment 20,050   19,856

Capital commitments not contracted for amounted to €40.8 million (2007: €107.0 million)

Operating lease commitments - where the Group is the lessee
The Group leases various assets. Generally operating leases are on a short-term basis with no purchase options. The future aggregate minimum lease payments under non-cancellable operating leases are as follows:

  2008
€'000
  2007
€'000
Not later than 1 year 7,736   5,947
Later than 1 year and not later than 5 years 20,255   14,606
Later than 5 years 5,390   5,868
  33,381   26,421
© Glanbia plc 2009