Carphone Warehouse 2016 Annual Report Download - page 142

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Notes to the Group financial statements
140
30 Operating lease arrangements continued
b) The Group as a lessor
The Group has investment properties which are let to third parties on long term leases for which the minimum future income
is as follows:
30 April
2016
£million
2 Ma
y
2015
£million
Total undiscounted future minimum lease income receivable:
Within one year 1 1
Between two to five years 5 5
After five years 5 6
11 12
31 Contingent liabilities
30 April
2016
£million
2 Ma
y
2015
£million
— 3
In addition to the figures shown in the table above, contingent liabilities also exist in respect of lease covenants relating to
premises assigned to third parties.
In recent years the Group has entered into agreements to dispose of certain operations. As part of these disposal agreements,
the Group has provided the acquirer with general and tax related warranties. At the date of signing these financial statements,
some of these warranties remain open and it is possible that claims could arise under these warranties.
00_DC 2016 Annual Report.pdf 140 11/07/2016 18:34