Notes to the accounts
5 Net finance costs
|
Year ended |
Period ended |
|
Interest receivable |
2.2 |
21.4 |
Interest payable |
||
– bank loans and overdrafts |
(19.6) |
(28.5) |
– other loans |
(23.6) |
(29.3) |
Interest payable |
(43.2) |
(57.8) |
Other financing (losses)/gains |
||
– fair value losses on hedged debt |
(4.0) |
(1.0) |
– fair value gains on fair value hedge |
4.0 |
1.0 |
– net foreign exchange (losses)/gains |
(1.4) |
2.1 |
– exceptional finance costs – adjustment to discounted provision |
(4.7) |
|
Other financing (losses)/gains |
(6.1) |
2.1 |
Retirement benefits |
||
– return on plan assets |
217.3 |
191.2 |
– interest cost |
(175.6) |
(157.5) |
Retirement benefits |
41.7 |
33.7 |
Net finance costs |
(5.4) |
(0.6) |