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Notes to the accounts

5 Net finance costs

 

Period ended
31 July 2007
£m

Period ended
5 August 2006
£m

Interest receivable

21.4

4.2

Interest payable

 

 

– bank loans and overdrafts repayable within five years

(28.5)

(28.7)

– other loans repayable within five years

(1.0)

(1.9)

– other loans repayable in more than five years

(28.3)

(26.7)

Interest payable

(57.8)

(57.3)

Other financing gains/(losses)

 

 

– fair value (losses)/gains on debt

(1.0)

3.1

– fair value gains/(losses) on fair value hedge

1.0

(3.1)

– net foreign exchange gains/(losses)

2.1

(0.5)

Other financing gains/(losses)

2.1

(0.5)

Retirement benefits

 

 

– return on plan assets

191.2

185.7

– interest cost

(157.5)

(160.5)

Retirement benefits

33.7

25.2

Net finance costs

(0.6)

(28.4)

 


Smiths Group divisions:
Smiths Detection, Smiths Medical, Smiths Specialty Engineering

 

Smiths Group plc:
Registered office 765 Finchley Road, London NW11 8DS
Incorporated in England No. 137013
Copyright 2007 Smiths Group plc.
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