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35 Future commitments

Commitments for future capital expenditures

Firm contractual commitments for future investments in property, plant and equipment and other intangible assets as of 31 December 2015 aggregated CHF 886 million (prior year: CHF 1,004 million).

Operating leases

Operating leases relate primarily to the rental of real estate for business purposes. See Note 26. In 2015, payments for operating leases amounted to CHF 314 million (prior year: CHF 316 million). Future minimum lease payments in respect of operating lease contracts are as follows:

In CHF million   31.12.2015   31.12.2014
Within 1 year   150   153
Within 1 to 2 years   140   136
Within 2 to 3 years   117   120
Within 3 to 4 years   101   104
Within 4 to 5 years   89   91
After 5 years   372   455
Total future minimum lease payments   969   1,059