v3.26.1
Investment income and financing costs (Tables)
 12 Months Ended
Mar. 31, 2026
Investment income and financing costs  
Schedule of investment income and financing costs
     
2026 
€m 
  
2025 
€
m 
  
2024 
€
m 
Investment and other income
       
Financial assets measured at amortised cost
      1,200       355       327  
Financial assets measured at fair value through profit and loss
      195       509       254  
    
 
1,395
 
  
 
864
 
  
 
581
 
Financing costs
       
Financial liabilities measured at amortised cost
       
Bonds
      1,418       1,301       1,596  
Lease liabilities
      615       488       440  
Bank loans and other liabilities
1
      416       499       712  
Interest on derivative and other financial instruments
      (235 )      (356 )      (395 ) 
Mark-to-market
on derivatives
      217       (2 )      100  
Foreign exchange
      (56 )      1       173  
    
 
2,375
 
  
 
1,931
 
  
 
2,626
 
Net financing costs
2
   
 
980
 
  
 
1,067
 
  
 
2,045
 
Notes:
 
1.
Interest capitalised for the year ended 31 March 2026 was
€
nil (2025:
€
nil, 2024:
€
nil). 
 
2.
Includes
€
771 million gain (2025:
€
253 million gain) resulting from redemption of certain bonds that were bought back in advance of their maturity dates.