Note 55 Finance income
€ million |
2024 |
2023 |
Interest income on money market loans and deposits |
13 |
5 |
Finance income on loans from group companies |
182 |
103 |
Total |
195 |
108 |
The finance income from loans to group companies was up by €79 million compared with 2023 due to the higher interest rates charged. Interest income was also €8 million higher than in 2023 as more temporary surplus liquidity was placed on deposit.