Notes to the accounts
5. Finance income and expense
| 2008 $m |
2007 $m |
2006 $m |
|
|---|---|---|---|
| Interest payable on loans and overdrafts | (4.1) | (4.5) | (3.6) |
| Interest expense of US securitisation facility | – | (10.1) | (13.7) |
| Interest payable on loan notes | (23.3) | (16.4) | (0.5) |
| Facility fees and related costs | (1.4) | (3.2) | (2.7) |
| Finance expense | (28.8) | (34.2) | (20.5) |
| Interest income | 6.2 | 16.7 | 4.3 |
| Defined benefit pension scheme: | |||
| – expected return on scheme assets | 18.3 | 14.7 | 12.4 |
| – interest on pension liabilities | (13.5) | (12.6) | (10.2) |
| Finance income | 11.0 | 18.8 | 6.5 |
| Net finance charge | (17.8) | (15.4) | (14.0) |