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Annual Report & Accounts 2016 - Notes
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94 Financial statements continued GVC Holdings PLC Annual Report 2016 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED for the year ended 31 December 2016 18. OTHER TAXATION PAYABLE 2016 €m 2015 €m Betting taxes 42.1 1.2 VAT payable 4.3 - Other taxes 0.8 0.8 47.2 2.0 19. COMMITMENTS UNDER OPERATING AND FINANCE LEASES 19.1 Finance leases All finance leases were repaid in 2016 and the Group had no finance leases outstanding as at 31 December: 31 DECEMBER 2016 Within 1 year €m 1 to 5 years €m Total €m Lease payments - - - Finance charges - - - NET PRESENT VALUES - - - 31 DECEMBER 2015 Within 1 year €m 1 to 5 years €m Total €m Lease payments 0.7 - 0.7 Finance charges - - - NET PRESENT VALUES 0.7 - 0.7 19.2 Operating leases The Group leases various offices under non-cancellable operating leases. The leases have varying terms, escalation clauses and renewal rights. The future minimum lease payments under non-cancellable leases are as follows: 2016 €m 2015 €m No later than one year 5.9 1.2 Later than one year and no later than five years 16.5 0.6 More than five years 4.3 - 26.7 1.8