Three months ended

Six months ended

June 30,

2025

2024

2025

2024

$'m

Interest expense - third party borrowings

72.2

78.7

152.7

172.0

Interest and finance charges for lease liabilities

16.6

18.4

32.2

34.1

Fees on borrowings and financial derivatives

13.5

3.1

15.3

8.0

Interest expense - withholding tax paid on bond interest

8.3

7.1

16.9

7.1

Unwinding of discount on decommissioning liability

2.3

2.2

4.6

4.5

Net foreign exchange loss arising from financing - realized

1.4

—

7.0

23.3

Net foreign exchange loss arising from financing - unrealized

—

169.7

—

1,543.4

Net foreign exchange loss on derivative instruments - realized

—

20.3

114.3

279.2

228.7

1,812.7