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Note 29. Operating leases
Group as lessee
Minimum lease payments under non-cancellable operating lease agreements:
€ million 2015 2014
Within 1 year 357.8 348.9
Later than 1 year and no later than 5 years 1,154.7 1,073.9
Later than 5 years 1,108.4 868.2
Total 2,620.9 2,291.0
Expected future minimum lease payments under non-cancellable sublease agreements 69.9 40.8
Lease and sublease payments recognised for the financial year:
Minimum lease payments 372.0 394.4
Sublease income 34.3 24.7
The 2015 income statement includes capital lease payments and maintenance rentals on real estate under operating leases, and other rentals to a total amount of €407.7 million (€438.4 million). Maintenance rentals are not included in minimum lease payments.
Kesko leases retail and logistics premises for its operating activities. Most of the leases are index-linked and in conformity with local market practice.
Group as lessor
Minimum lease payments received under non-cancellable operating lease agreements:
€ million 2015 2014
Within 1 year 7.8 14.2
Later than 1 year and no later than 5 years 13.0 20.6
Later than 5 years 24.6 7.3
Total 45.4 42.1
Aggregate contingent rents charged to the income statement 1.8 2.0
Kesko leases premises to entrepreneurs other than K-retailers in order that the total service offer of a store site supports its profit generation potential. Such premises typically include so-called store entrance stores at large retail outlets.