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Finance Result (Tables)
12 Months Ended
Dec. 31, 2019
Finance Result  
Schedule of finance result

 

 

 

 

 

 

 

 

 

 

Thousands of Euros

 

    

31/12/2019

    

31/12/2018

    

31/12/2017

Finance income

 

114,197

 

13,995

 

9,678

Finance cost from Senior Unsecured Notes

 

(41,920)

 

(35,471)

 

(65,189)

Finance cost from senior debt (note 21 (b))

 

(262,797)

 

(247,646)

 

(193,183)

Finance cost from sale of receivables (note 14)

 

(9,171)

 

(6,053)

 

(3,973)

Capitalized interest (note 10)

 

14,894

 

8,955

 

8,839

Finance lease expense (note 9)

 

(34,558)

 

 —

 

 —

Other finance costs

 

(9,413)

 

(13,058)

 

(9,838)

Finance costs

 

(342,965)

 

(293,273)

 

(263,344)

Impairment and gains / (losses) on disposal of financial instruments (note 11 and 12 (b))

 

(37,666)

 

30,280

 

(18,844)

Change in fair value of financial instruments

 

1,326

 

 —

 

(3,752)

Exchange differences

 

(9,616)

 

(8,246)

 

(11,472)

Finance result

 

(274,724)

 

(257,244)

 

(287,734)