Informa Annual Report and Financial Statements 2007
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Notes to the Consolidated Financial Statements: Note 31

For the Year Ended 31 December 2007

31. Provisions

Contingent
Consideration
£'000
Property
Leases
£'000
2007
Total
£'000
Contingent
Consideration
£'000
Property
Leases
£'000

2006
Total
£'000
1 January 10,745 2,582 13,327 - 3,861 3,861
Increase in year - 616 616 10,745 653 11,398
Acquired on acquisition 22,012 2,946 24,958 - - -
Utilisation (768) (1,490) (2,258) - (1,932) (1,932)
At 31 December 31,989 4,654 36,643 10,745 2,582 13,327
Included in current liabilities 7,337 1,279 8,616 547 1,011 1,558
Included in non-current liabilities 24,652 3,375 28,027 10,198 1,571 11,769

The contingent consideration relates primarily to the Citeline, Inc. and Datamonitor Limited acquisitions and is expected to be paid by 31 December 2009.

The property lease provision represents the estimated excess of rent payable on surplus property leases, plus dilapidation provisions where they exist, less rent receivable via sub leases.