(5) Finance Income and Finance Costs


Finance income and finance costs are comprised as follows:

 

 

€k

 

2008/2009

2007/2008

Income from securities and other income

231

861

Interest and similar income

1,166

1,874

Finance income

1,397

2,735

Interest and similar expenses

–11,033

–14,708

Interest element within additions to long-term accruals and other finance costs

–1,220

–834

Finance costs

–12,253

–15,542

 

–10,856

–12,807

During the year under review, interest expenses on long-term bank debt amounted to €4,538k (2007/2008: €9,586k). All borrowing costs have been immediately recognized as finance costs.

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