Notes to the Financial Statements
6. Interest Income/expense
2023 | 2022 | |
|---|---|---|
€’000 | €’000 | |
a) Interest payable and similar expenses: |
|
|
- Interest payable on bank loans |
(1,543) |
(1,616) |
- Interest on unsecured senior bonds |
(7,218) |
(5,995) |
- Other interest payable |
(40) |
(512) |
|
|
|
Total Interest payable |
(8,801) |
(8,123) |
Interest payable capitalised |
567 |
1,432 |
Total Interest payable and similar expenses |
(8,234) |
(6,691) |
|
|
|
b) Interest receivable and similar income |
|
|
- Interest receivable |
2,125 |
322 |
- Net interest income on retirement benefits (see note 31) |
2,446 |
689 |
|
|
|
Total Interest receivable and similar income |
4,571 |
1,011 |
|
|
|
c) Net Interest expense |
(3,663) |
(5,680) |