7. Net Interest Expense
2017 €’000 | 2016 €’000 | |
(a) Interest payable and similar charges: | ||
Interest on borrowings wholly repayable within five years | (570) | (1,123) |
Derivative financial liability | 148 | 237 |
(422) | (886) | |
b) Interest receivable and similar income: | ||
Interest receivable | - | 39 |
Net finance income-pension schemes (see note 31) | 254 | 375 |
254 | 414 | |
c) Net interest expense | (168) | (472) |
