7. Net Interest Expense
2018 | 2017 | |
€’000 | €’000 | |
(a) Interest payable and similar charges: | ||
- Interest on borrowings wholly repayable within five years | (506) | (570) |
- Derivative financial liability | - | 148 |
(506) | (422) | |
(b) Interest receivable and similar income: |
- Interest receivable | 4 | - |
- Net finance income-pension schemes (see note 30) | 969 | 254 |
973 | 254 | |
(c) Net interest income/(expense) | 467 | (168) |