NOTE 9
| € million | 2011 | 2010 |
| Interest income and other finance income | ||
| Interest income on loans and receivables | 12.8 | 13.3 |
| Interest income on financial assets carried at fair value through profit or loss | 2.9 | 3.5 |
| Interest income on available-for-sale financial assets | 5.9 | 4.9 |
| Gains on disposal of available-for-sale financial assets | 0.4 | 0.7 |
| Other finance income | 0.1 | 0.3 |
| Total interest income and other finance income | 22.2 | 22.7 |
| Interest expense and other finance costs | ||
| Interest expense on financial liabilities at amortised cost | -15.9 | -14.3 |
| Losses on disposal of available-for-sale financial assets | -0.2 | -0.1 |
| Other finance costs | -1.9 | -0.9 |
| Total interest expense and other finance costs | -18.0 | -15.4 |
| Exchange differences | ||
| Exchange differences and changes in fair values of derivatives, foreign currency loans and cash at bank not qualified for hedge accounting |
-3.5 | -1.4 |
| Total exchange differences | -3.5 | -1.4 |
| Total finance income and costs | 0.8 | 6.0 |
The interest expense includes €3.4 million (€3.6 million) of interests on finance leases recognised as expenses for the period. The interest income includes €2.3 million (€2.6 million) of interests on finance leases recognised as income for the period.
The realised result of the interest-rate derivatives hedging a USD-denominated private placement loan is recognised in net terms in interest expenses with the loan interest.
Exchange differences recognised in the income statement |
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| € million | 2011 | 2010 |
| Sales | 0.0 | 0.1 |
| Other income | 2.4 | 4.1 |
| Purchases | -7.6 | 1.5 |
| Other expenses | -2.6 | -4.4 |
| Finance income and costs | -3.5 | -1.4 |
| Total | -11.3 | -0.2 |