Barclays 2005 Annual Report Download - page 185

Barclays PLC
Annual Report 2005 183
3.5
29 Property, plant and equipment (continued)
Commitments receivable
Where the Group acts as a lessor, with respect to operating leases, the future minimum lease payments expected to be received under non-
cancellable leases at 31st December 2005 are as follows:
2005 2004
Plant and Plant and
equipment equipment
£m £m
Not more than one year 22 24
More than one year but not more than two years 17 22
More than two years but not more than five years 14 25
More than five years 10 13
Commitments receivable 63 84
The Group acts as lessor, whereby items of plant and equipment are purchased and leased to third parties under arrangements qualifying as
operating leases. The plant and equipment is generally disposed of at the end of the lease term.
30 Deposits from banks
2005 2004
£m £m
Repayable
on demand 13,924 9,858
no more than three months 54,620 81,214
over three months but not more than six months 2,488 5,762
over six months but not more than one year 1,168 993
over one year but not more than two years 220 1,942
over two years but not more than five years 947 1,738
over five years 1,760 9,517
Deposits from banks 75,127 111,024
By geographical area
United Kingdom 7,307 12,121
Other European Union 23,496 41,647
United States 7,418 20,139
Africa 4,192 1,160
Rest of the World 32,714 35,957
Deposits from banks 75,127 111,024
Other time deposits in the UK and United States are mostly over £50,000.
The average interest rate during 2005 for deposits by banks was 3.1% (2004: 2.4%).
For details on the effective rate of interest please refer to Note 55.