Hedge ineffectiveness on cross currency and interest rate swaps
4.1
—
6.8
—
Net foreign exchange gains on translation of financial assets and financial liabilities
2.8
4.9
7.4
12.7
Finance income
9.2
6.6
18.3
17.1
Interest expense (a)
(32.9)
(26.7)
(89.1)
(82.3)
Net pension interest costs
(0.8)
(1.3)
(3.0)
(3.7)
Amortization of debt discounts and borrowing costs
(0.4)
(1.8)
(1.0)
(5.3)
Financing costs incurred on new or amended debt (b)
(7.6)
—
(7.6)
—
Finance costs
(41.7)
(29.8)
(100.7)
(91.3)
Net finance costs
(32.5)
(23.2)
(82.4)
(74.2)
(a) Interest expense includes interest and finance charges paid/payable for lease liabilities and financial liabilities not at fair value through profit or loss and is shown net of gains recycled from the cash flow hedge reserve on cross currency interest rate swaps.