Carphone Warehouse 2016 Annual Report Download - page 113

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111
6 Net finance costs
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Unwind of discounts on trade receivables 17 15
Finance income 17 15
Interest on bank overdrafts and loans (16) (17)
Finance lease interest payable (6) (4)
Net interest on defined benefit pension obligations(i) (16) (13)
Unwind of discounts on liabilities (10) (11)
A
mortisation of facility fees (2) (3)
Revolving credit facility fee write off (i) (4)
Other interest expense (4) (4)
Finance costs (58) (52)
Total net finance costs (41) (37)
Headline total net finance costs (21) (24)
(i) Headline finance costs exclude net interest on defined benefit pension obligations and the write off of revolving credit facility fees (see note 4).
00_DC 2016 Annual Report.pdf 111 11/07/2016 18:34