4. Finance (Income)/Expense
|
2022 |
2021 |
|
|
€’000 |
€’000 |
|
|
Interest income on bank deposits |
(160) |
- |
|
Fair value gains on derivative financial instruments not designated as cash flow hedges |
- |
(686) |
|
Investment in Joint Venture |
(323) |
(537) |
|
Finance Income |
(483) |
(1,223) |
|
Interest income on scheme assets (note 19) |
(13,448) |
(10,054) |
|
Interest cost on scheme liabilities (note 19) |
11,795 |
8,657 |
|
Net defined benefit pension related finance income |
(1,653) |
(1,397) |
|
Finance income recognised in Income Statement |
(2,136) |
(2,620) |
|
Interest and finance costs on borrowings |
1,108 |
867 |
|
Interest cost on bank deposits |
253 |
400 |
|
Finance charge – leasing |
71 |
79 |
|
Unwind of discount on restructuring costs |
40 |
55 |
|
Fair value losses on derivative financial instruments not designated as cash flow hedges |
344 |
- |
|
Finance expense recognised in Income Statement |
1,816 |
1,401 |