Note 28 Finance expense
|
€ million |
2025 |
2024 |
|
Loans from third parties |
-105 |
-76 |
|
Other finance expense |
-6 |
-3 |
|
Total |
-111 |
-79 |
The increase in finance expenses in 2025 is mainly due to the interest expense on two long-term bond loans issued in 2025 in order to refinance the maturing EMTN. Finance expenses include €3 million in interest expenses recognised in respect of lease liabilities (2024: €2 million).