Finance income and finance costs are comprised as follows:
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|
|
|
€k |
|
|
2005/2006 |
|
2004/2005 |
Finance income |
|
21,093 |
|
2,574 |
Interest and similar expenses |
|
–28,658 |
|
–12,475 |
Interest element within additions to long-term accruals and other finance costs |
|
–5,216 |
|
–9,525 |
Finance costs |
|
–33,874 |
|
–22,000 |
|
|
–12,781 |
|
–19,426 |
During the year under review, interest expended on long-term bank debt amounted to €4,973k (previous year: €7,332k). All borrowing costs have been immediately recognized in profit and loss.