Notes to the Financial Statements

7. Net Interest Expense


2020

2019


€’000

€’000

(a) Interest payable and similar charges:



  • Interest payable on bank loans

(1,781)

(2,206)

  • Interest on Private Placement Bond

(4,803)

(129)

  • Other interest payable

(87)

(58)

Total Interest payable

(6,671)

(2,393)

Interest payable capitalised

1,597

1,714




Total Interest payable and similar charges

(5,074)

(679)




(b) Interest receivable and similar income:



  • Interest receivable

10

-

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

603

1,069




Total Interest receivable and similar income

613

1,069




(c) Net interest income

(4,461)

390