Annual Report & Accounts 2009
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- Financial Statements
- Notes to the Consolidated Financial Statements
- 3 Net finance costs
| Note | 2009
(52 weeks) £m |
2008 (53 weeks) £m |
|
|---|---|---|---|
| Finance income | |||
| – interest receivable on short-term deposits | 0.7 | 0.9 | |
| Finance costs | |||
| – interest payable on bank borrowings | (4.5) | (3.9) | |
| – other interest payable | (8.1) | (7.8) | |
| – preference dividend | (3.5) | (5.6) | |
| – premium on redemption of preference shares | 15 | (0.9) | (1.3) |
| – gain on purchase of preference shares | 15 | 3.7 | 0.9 |
| Total finance costs | (13.3) | (17.7) | |
| Net finance costs | (12.6) | (16.8) | |