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     Off-balance sheet arrangements   

As disclosed in the financial statements there are no off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on the group’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditure or capital resources, with the exception of the following:
blue square Operating leases (note 30)
blue square Capital commitments and guarantees (note 30) 
blue square Derivative contracts (note 36)
 

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