Notes forming part of the financial statements
6. FINANCE INCOME AND EXPENSE
2020 | 2019 | |
|---|---|---|
€m | €m | |
Recognised in Income Statement | ||
Finance income: | ||
Interest income | 0.5 | 0.1 |
Total finance income | 0.5 | 0.1 |
Finance expense: | ||
Interest expense | (12.8) | (12.4) |
Other finance expense | (3.9) | (2.7) |
Interest on lease liabilities | (3.6) | - |
Ineffective proportion of cash flow hedge | - | (0.3) |
Unwinding of discount on provisions | - | (0.3) |
Total finance expense | (20.3) | (15.7) |
Net finance expense | (19.8) | (15.6) |
2020 | 2019 | |
|---|---|---|
€m | €m | |
Recognised directly in Other Comprehensive Income | ||
Foreign currency translation differences arising on the net investment in foreign operations | 1.4 | 13.2 |
Net income recognised directly in Other Comprehensive Income | 1.4 | 13.2 |