Financial Statements

Notes to the Accounts > Net Financing Expense

Six months to 30th June Six months to 30th June Year ended
31st December
2009 2008 2008
  £000 £000 £000
Financial expenses
Bank and other borrowing interest payable (605) (737) (1,480)
Interest on pension scheme liabilities (7,288) (6,617) (13,325)
  (7,893) (7,354) (14,805)
Financial income
Bank interest receivable 341  561  1,291 
Expected return on pension scheme assets 6,507  7,552  15,250 
  6,848  8,113  16,541 
Net Financing expense (1,045) 759  1,736 
Net pension scheme financial expense (781) 935  1,925 
Net bank interest (264) (176) (189)
Net financing expense (1,045) 759  1,736