Carphone Warehouse 2015 Annual Report Download - page 107

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Dixons Carphone plc Annual Report and Accounts 2014/15
Financial statements
105
6 Net finance costs
13 months
ended
2 May
2015
£million
Year
ended
29 March
2014
£million
Interest on cash and cash equivalents 1
Interest and other finance income from joint ventures 1
Unwind of discounts on trade receivables 15 6
Finance income 15 8
Interest on bank overdrafts and loans (17) (11)
Interest on deferred consideration (1) (1)
Finance lease interest payable (4)
Net interest on defined benefit pension obligations (13)
Unwind of discounts on liabilities (11) (2)
A
mortisation of facility fees (3) (1)
Other interest expense (3) (2)
Finance costs (52) (17)
Total net finance costs (37) (9)
Headline total net finance costs (24) (9)
Headline finance costs exclude net interest on defined benefit pension obligations (see note 4).