|Obligations under finance leases due:|
|Within one year||29.8||26.5|
|Between one and two years||25.8||23.8|
|Between two and five years||66.4||62.1|
|After five years||34.8||51.1|
|Total obligations under finance leases||156.8||163.5|
External obligations under finance leases are £48.1 million (2015: £44.0 million) excluding £108.7 million (2015: £119.5 million) payable to MHE JVCo, a joint venture company.
|Minimum lease payments due:|
|Within one year||38.4||34.8|
|Between one and two years||31.7||30.3|
|Between two and five years||76.9||75.0|
|After five years||36.8||55.3|
|Less: future finance charges||(27.0)||(31.9)|
|Present value of finance lease liabilities||156.8||163.5|
The existing finance lease arrangements entered into by the Group contain no restrictions concerning dividends, additional debt and further leasing. Furthermore, no material leasing arrangements exist relating to contingent rent payable, renewal or purchase options and escalation clauses.