Notes to the Financial Statements
6. Interest Income/expense
2022 | 2021 | |
|---|---|---|
€’000 | €’000 | |
a) Interest payable and similar expenses: |
|
|
- Interest payable on bank loans |
(1,616) |
(1,728) |
- Interest on unsecured senior bonds |
(5,995) |
(5,605) |
- Other interest payable |
(512) |
(190) |
|
|
|
Total Interest payable |
(8,123) |
(7,523) |
Interest payable capitalised |
1,432 |
1,532 |
Total Interest payable and similar expenses |
(6,691) |
(5,991) |
|
|
|
b) Interest receivable and similar income |
|
|
- Interest receivable |
322 |
- |
- Net interest income on retirement benefits (see note 31) |
689 |
533 |
|
|
|
Total Interest receivable and similar income |
1,011 |
533 |
|
|
|
c) Net Interest expense |
(5,680) |
(5,458) |