RBS 2010 Annual Report Download - page 397

Other contractual cash obligations
The table below summarises the Group's other contractual cash obligations by payment date.
2010
0-3 months
£m
3-12 months
£m
1-3 years
£m
3-5 years
£m
5-10 years
£m
10-20 years
£m
Operating leases 132 365 837 678 1,178 1,714
Contractual obligations to purchase goods or services 71 212 111 3 — —
203 577 948 681 1,178 1,714
2009
Operating leases 140 339 965 726 1,219 1,836
Contractual obligations to purchase goods or services 180 300 168 16 — 1
320 639 1,133 742 1,219 1,837
The Group's undrawn formal facilities, credit lines and other commitments to lend were £266,822 million (2009 - £291,634 million). While the Group has
given commitments to provide these funds, some facilities may be subject to certain conditions being met by the counterparty. The Group does not
expect all facilities to be drawn, and some may lapse before drawdown.
Exchange rates
Except as stated, the following tables show, for the dates or periods indicated, the Noon Buying Rate in New York for cable transfers in sterling as
certified for customs purposes by the Federal Reserve Bank of New York.
US dollars per £1 January
2011
December
2010
November
2010
October
2010
September
2010
August
2010
Noon Buying Rate
High 1.6042 1.5882 1.6291 1.6027 1.5851 1.5979
Low 1.5490 1.5361 1.5557 1.5681 1.5315 1.5358
2010 2009 2008 2007 2006
Noon Buying Rate
Period end rate 1.5392 1.6167 1.4619 1.9843 1.9586
Average rate for the year (1) 1.5415 1.5707 1.8424 2.0073 1.8582
Consolidation rate (2)
Period end rate 1.5524 1.6222 1.4604 2.0043 1.9651
Average rate for the year 1.5455 1.5657 1.8528 2.0015 1.8436
Notes:
(1) The average of the Noon Buying Rates on the last US business day of each month during the year.
(2) The rates used by the Group for translating US dollars into sterling in the preparation of its financial statements.
(3) On 22 February 2011, the Noon Buying Rate was £1.00 = US$1.6129.
395RBS Group 2010
Additional information