(5) Finance Income and Finance Costs


Finance income and finance costs are comprised as follows:

 

 

€k

 

2006/2007

2005/2006

Income from securities and other income

424

0

Interest and similar income

8,027

21,093

Finance income

8,451

21,093

Interest and similar expenses

–17,423

–28,658

Interest element within additions to longterm accruals and other finance costs

–855

–5,216

Finance costs

–18,278

–33,874

 

–9,827

–12,781

During the year under review, interest expenses on long-term bank debt amounted to €6,974k (2005/2006: €4,973k). All borrowing costs have been immediately recognized as finance costs.

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