Annual Report and Accounts 2012 - Speedy Hire plc

Financial statements 83
27 Commitments
The Group had contracted capital commitments amounting to £4.2m (2011: £2.0m) at the end of the financial year for which no provision
has been made.
The total of future minimum lease payments under non-cancellable operating leases is as follows:
Land and buildings Other
Total future minimum lease payments
– not later than one year 13.6 16.4 7.2 9.4
– later than one year and not later than five years 43.5 51.7 11.0 10.3
– later than five years 27.7 35.7 – –
84.8 103.8 18.2 19.7
28 Post-balance sheet events
Dividends
The Directors have proposed a dividend of 0.26 pence per share as a final dividend in respect of the year ended 31 March 2012. No charge
in respect of the proposed dividend has been made in the income statement for the year, and there were no tax consequences. The total
amount payable if the dividend is approved at the AGM is as follows:
0.26 pence (2011: 0.2 pence) on 517.2m (2011: 517.2m) ordinary shares 1.3 1.0
29 Related party disclosures
Key management remuneration
The Group’s key management personnel are the Executive and Non-Executive Directors as identified in the Remuneration report.
In addition to their salaries, the Group also provides non-cash benefits to Executive Directors, and contributes to approved pension
schemes on their behalf. Executive Directors also participate in the Group’s share option schemes.
Non-Executive Directors receive a fee for their services to the Speedy Hire Plc Board.
Full details of key management personnel compensation and interests in the share capital of the Company as at 31 March 2012 are given
in the Remuneration Report.
2012
£m
2011
£m
2012
£m
2012
£m
2011
£m
2011
£m
Speedy Hire Plc Annual Report and Accounts 2012
Financial statements