​

​

Three months ended

​

  ​ ​ ​

March 31, 

  ​ ​ ​

March 31, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025^(a)

​

​

$'m

​

$'m

​

​

​

​

​

Interest expense - third party borrowings

69.6

67.2

Fair value loss on non-deliverable forwards (note 12)

13.0

—

Interest and finance charges for lease liabilities

11.6

8.9

Fair value loss on embedded options

6.2

—

Interest expense - withholding tax on interest

​

4.6

​

8.6

Net foreign exchange loss arising from financing - realized

2.7

5.4

Fees on borrowings and financial derivatives

1.7

1.6

Unwinding of discount on decommissioning liability

1.3

1.4

​

110.7

93.1