Contents

Financial statements

NOTES TO THE FINANCIAL STATEMENTS

8. Net finance costs

2010
£m

2009
(Restated note 5)
£m

Finance income

Bank interest

0.8

2.6

Expected return on pension scheme assets (note 27)

5.6

2.3

Interest receivable on service concession arrangements

2.7

2.3

Interest receivable from loans to joint ventures

3.1

-

12.2

7.2

Finance costs

Loans from parent undertaking

(19.5)

(17.6)

Bank borrowings and overdrafts

(0.7)

(4.6)

Other loans

(0.9)

(0.2)

Interest element of finance lease rentals

(1.1)

(0.9)

Interest cost on retirement benefit obligations (note 27)

(5.0)

(2.6)

Unwinding of discounts in provisions

(3.8)

(4.5)

(31.0)

(30.4)

Net finance costs

(18.8)

(23.2)