Commitments and contingencies
Commitments and contingencies outstanding at 31 March 2009 and 2008 are summarised in the table below:
| 2009 £m |
2008 £m |
|
|---|---|---|
| Future capital expenditure contracted but not provided for | 1,493 | 1,097 |
| Total operating lease commitments | 946 | 737 |
| Power commitments | 3,645 | 2,061 |
| Other commitments, contingencies and guarantees | 1,666 | 1,387 |
Information regarding obligations under pension and other post-retirement benefits is given under the heading retirement arrangements.
The energy commitments shown in the commitments and contingencies table above reflect obligations to purchase energy under long-term contracts. These contracts are used in respect of our normal sale and purchase requirements and do not include commodity contracts carried at fair value as described above.
We propose to meet all of our commitments from existing cash and investments, operating cash flows, existing credit facilities, future facilities and other financing that we reasonably expect to be able to secure in the future.