Table:
|  | 2019 | 2018 |
| --- | --- | --- |
|  | £m | £m |
| Net debt | 295.2 | 235.8 |
| IFRS 16 lease liabilities | 38.9 | – |
| Net debt and IFRS 16 lease liabilities | 334.1 | 235.8 |
Paragraphs:
Net debt including IFRS 16 lease liabilities
A reconciliation between net debt and net debt including IFRS 16 lease liabilities is given below. A breakdown of the balances that are included within net debt is given within Note 24. Net debt excludes IFRS 16 lease liabilities to enable comparability with prior years.
Question:
What does net debt exclude?
Answer: IFRS 16 lease liabilities to enable comparability with prior years