100 Dialog Semiconductor Plc | Annual report and accounts 2012  |  Section 4 | Consolidated financial statements and notes Notes to the consolidated financial statements For the year ended 31 December 2012  The Group leases all its office facilities and vehicles, and some of its office and test equipment, under operating leases. Future minimum lease payments  under non-cancellable operating rental and lease agreements and payments for other commitments are as follows:  23. Commitments  Operating lease, software and service commitments  Operating leases and  software  commitments Other commitments Operating leases and  software commitments  Other commitments 2012 US$000 2012 US$000 2011  US$000  2011 US$000 Within one year  8,896 3,572 7,683  3,033 Between one and two years  6,536 693 7,078  1,529 Between two and three years  4,321 4,565  188 Between three and four years  3,875 – 2,490  – Between four and five years  3,484 – 2,331  – Thereafter  10,782 – 8,266  – Total minimum payments  37,894 4,265 32,413  4,750 Total payments for operating leases and software commitments, charged as an expense in the income statement, amounted to US$8,896,000 and  US$9,219,361 for the years ended 31 December 2012 and 2011 respectively.  The Group has finance leases and hire purchase contracts for test and IT equipment and has software contracts. The leases have terms of renewal but  no purchase options and escalation clauses. Renewals are at the option of the specific entity that holds the lease. Future minimum payments under  finance leases and hire purchase and software contracts together with the present value of the net minimum payments are as follows:  Finance lease, hire purchase and software commitments  Capital commitments  [1] The increase in 2012 relates to a new six year licensing agreement, further information is provided in note 12.  The Group has contractual commitments for the acquisition of property, plant and equipment in 2012 of US$3,014,000 (2011: US$2,264,000) and for  the acquisition of intangible assets of US$1,229,000 (2011: US$2,501,000).  In addition the company has a contingent liability of US$400,000 in connection with the purchase of intangible assets. This liability is contingent to  certain shipping volumes, relating to the acquired technology, being met. We expect to reach these shipping volumes in first Quarter 2013. Minimum payments  2012  US$000  2011 US$000 Within one year  4,097  700 Between one and two years  3,400  418 Between two and three years  3,400  – Between three and four years  3,400  – Between four and five years  3,400  – Thereafter  1,700  – Total minimum payments $^{1)}$  19,397  1,118 Less amounts representing finance charges  (3,724) (84) Present value of minimum payments  15,673  1,034