| 2015
£m | 2014
£m |
|---|
| Falling due within one year: |
|
|
| Amounts owed by Group undertakings | 648.3 | 78.3 |
| 648.3 | 78.3 |
| Falling due after more than one year: |
|
|
| Amounts owed by Group undertakings | — | 278.6 |
Amounts owed by Group undertakings are subject to interest. At 3 April 2015 the amounts bear interest at a rate of 1.75% (2014: 4.83%). During the year the intercompany interest rate was reset in order to better reflect the cost of borrowing as stated under the terms of the Group borrowing facility.