20 Lease liabilities
Land and buildings £m
Motor vehicles £m
Total £m
At 1 June 2019
33.6
2.1
35.7
Additions Disposals
9.6
1.1
10.7
(2.9) (5.4)
–
(2.9) (6.5)
Lease payments Interest expense
(1.1)
1.1
0.1
1.2
At 1 June 2020
36.0
2.2
38.2
1.3
1.8
3.1
Additions Disposals
(0.9) (5.9)
–
(0.9) (7.2)
(1.3)
Lease payments Interest expense
1.1
0.1
1.2
At 31 May 2021
31.6
2.8
34.4
Analysed as follows:
2021 £m
2020 £m
5.1
Current
5.3
29.3
Non-current
32.9
The maturity of lease liabilities is as follows:
2021 £m
2020 £m
5.1
Less than one year Two to five years More than five years
5.3
15.8 13.5
15.7 17.2
34.4
Total lease liabilities
38.2
The total cash outflow for leases in the year was £7.3m (2020: £7.0m), which consists of £7.2m (2020: £6.5m) lease payments disclosed above and £0.1m (2020: £0.5m) lease payments charged to the Income Statement in respect of short-term leases. The Group has used its incremental borrowing rate of 3.3% (2020: 3.3%) as the discount rate for the calculation of the lease liabilities. Some leases contain break clauses or extension options to provide operational flexibility. Potential future undiscounted lease payments not included in the reasonably certain lease term, and hence not included in lease liabilities, total £4.0m (2020: £4.0m).
NCC Group plc — Annual report and accounts for the year ended 31 May 2021
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