- Independent auditors' report
- Consolidated income statement
- Consolidated statement of recognised income and expense
- Consolidated balance sheet
- Consolidated cash flow statement
- Company balance sheet
- Company statement of recognised income and expense and cash flow statement
- Notes to the financial statements
Notes to the financial statements
for the year ended 3 January 2009
10.Finance income and costs
(a)Finance income
| 2008 €'000 |
2007 €'000 |
||
|---|---|---|---|
| Interest income | 5,164 | 4,813 | |
| Interest income on deferred consideration | 426 | - | |
| 5,590 | 4,813 |
(b)Finance costs
| 2008 €'000 |
2007 €'000 |
||
|---|---|---|---|
| Interest expense | |||
| - Bank borrowings repayable within 5 years | (21,471) | (19,084) | |
| - Interest cost on deferred consideration | (22) | (450) | |
| - Finance lease costs | (360) | (272) | |
| - Interest rate swaps, transfer from equity | (477) | 1,401 | |
| - Interest rate swaps, fair value hedges | (1,295) | 676 | |
| - Fair value adjustment of borrowings attributable to interest rate risk | 1,295 | (676) | |
| (22,330) | (18,405) | ||
| Finance cost of preference shares | (4,365) | (3,690) | |
| Total finance costs | (26,695) | (22,095) | |
| Net finance costs | (21,105) | (17,282) |