Note 7
7(a). Finance income and expenses
| 2009 | 2008 |
|---|---|---|
Interest expense |
|
|
Interest payable on bank and other borrowings | – | (4.8) |
Interest payable on hedging instruments | – | (0.1) |
Debt issue costs amortised | – | (0.1) |
Other interest payable | (2.5) | – |
Interest payable on finance leases | (3.1) | (3.0) |
Interest payable and similar charges | (5.6) | (8.0) |
|
|
|
Interest receivable on cash and cash equivalents | 9.1 | 32.1 |
Interest receivable and similar income from joint ventures | 84.0 | 35.5 |
Other interest receivable | 2.2 | 0.9 |
Fair value gains on forward exchange contracts | – | 1.2 |
Interest receivable and similar income | 95.3 | 69.7 |
Finance income/(expenses) – net | 89.7 | 61.7 |
7(b). Other financing expenses
| 2009 | 2008 |
|---|---|---|
Fair value losses on forward exchange contracts | (24.4) | – |
