Notes to the Financial Statements

7. Net Interest Expense


2021

2020


€’000

€’000

(a) Interest payable and similar charges:



  • Interest payable on bank loans

(1,728)

(1,781)

  • Interest on Private Placement Bond

(5,605)

(4,803)

  • Other interest payable

(190)

(87)

Total Interest payable

(7,523)

(6,671)

Interest payable capitalised

1,532

1,597




Total Interest payable and similar charges

(5,991)

(5,074)




(b) Interest receivable and similar income:



  • Interest receivable

-

10

  • Net finance income on retirement benefits (see note 30)

533

603




Total Interest receivable and similar income

533

613




(c) Net Finance (expense)/income

(5,458)

(4,461)