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Net finance expense/(income) | 12 Months Ended
--- | ---
Dec. 31, 2024
Net finance expense/(income) |
Net finance expense/(income) | 6. Net finance expense/(income) ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year ended December 31,
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
​ |  | $’m |  | $’m |  | $’m
Senior Facilities interest expense* | ​ | 140 | ​ | 132 | ​ | 113
Net pension interest cost (note 21) |  | 5 |  | 5 |  | 3
Lease interest cost | ​ | 25 | ​ | 24 | ​ | 12
Foreign currency translation losses |  | — |  | 6 |  | 3
(Gains)/losses on derivative financial instruments |  | (5) |  | 2 |  | —
Other net finance expense |  | 40 |  | 36 |  | 7
Net finance expense before exceptional items |  | 205 | ​ | 205 | ​ | 138
Exceptional finance income (note 5) |  | (13) |  | (58) |  | (218)
Net finance expense/(income) |  | 192 |  | 147 |  | (80)
​ *Includes interest related to Senior Secured Green Notes, Senior Green Notes and Senior Secured Term Loan. ​ During the year ended December 31, 2024, the Group recognized $25 million (2023: $24 million) of interest paid related to lease liabilities in cash used in operating activities in the consolidated statement of cash flows. Other net finance expense is primarily comprised of fees incurred on the Group’s receivables financing arrangements.

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
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