102 * Minimum future lease payments includes the aggregate of all lease payments and any guaranteed residual. 2012  $m 2011  $m Note 38 – Capital and other expenditure commitments Capital expenditure commitments Property, plant and equipment No longer than one year 28.8  89.3  Longer than one year and not longer than five years  9.2  5.4  Longer than five years  –  –  38.0  94.7  Consolidated entity’s share of joint venture operations capital commitments No longer than one year 94.0  343.8  Longer than one year and not longer than five years  7.8  88.2  Longer than five years  –  –  101.8  432.0  Consolidated entity’s share of associates’ and jointly controlled entities’ capital commitments No longer than one year 115.7  2.3  Longer than one year and not longer than five years  20.5  –  Longer than five years  –  –  136.2  2.3  Other expenditure commitments Exploration and evaluation expenditure No longer than one year 0.5  6.8  Longer than one year and not longer than five years  2.3  –  Longer than five years  2.3  –  5.1  6.8  Consolidated entity’s share of joint venture operations other expenditure commitments No longer than one year 1.4  4.4  Longer than one year and not longer than five years  –  –  Longer than five years  –  –  1.4  4.4  Other – Information technology services No longer than one year 40.8  37.3  Longer than one year and not longer than five years  78.8  70.7  Longer than five years  –  6.8  119.6  114.8 Note 39 – Lease commitments Finance lease liabilities Minimum future lease payments 2012  $m  Present value of payments 2012  $m  Minimum future lease payments 2011  $m  Present value of payments 2011  $m  No longer than one year 1.7  1.5  –  –  Longer than one year and not longer than five years  2.0  1.8  0.3  –  Longer than five years  178.4  12.7  178.4  11.9  Minimum future lease payments* 182.1  16.0  178.7  11.9  Less future finance charges (166.1) – (166.8) –  Present value of minimum lease payments 16.0  16.0  11.9  11.9  Included in the financial statements as: Current borrowings (Note 26) 1.5  –  Non-current borrowings (Note 28) 14.5  11.9  16.0  11.9 Consolidated  Notes to the  Financial  Statements