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Net finance expense/(income) | 6 Months Ended
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Jun. 30, 2025
Net finance expense/(income) |
Net finance expense/(income) | 6. Net finance expense ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, | ​ | Six months ended June 30,
​ |  | 2025 |  | 2024 |  | 2025 |  | 2024
​ | ​ | $'m | ​ | $'m | ​ | $'m | ​ | $'m
Senior Facilities interest expense* | ​ | 40 | ​ | 33 | ​ | 79 | ​ | 66
Net pension interest costs | ​ | 1 | ​ | 1 | ​ | 2 | ​ | 2
Lease interest cost | ​ | 6 | ​ | 6 | ​ | 12 | ​ | 12
Losses on derivative financial instruments |  | 3 | ​ | — | ​ | 8 | ​ | —
Foreign currency translation losses |  | 1 | ​ | — | ​ | 2 | ​ | 1
Other net finance expense | ​ | 8 | ​ | 11 | ​ | 12 | ​ | 22
Net finance expense before exceptional items | ​ | 59 | ​ | 51 | ​ | 115 | ​ | 103
Exceptional net finance expense/(income) (note 5) | ​ | 8 | ​ | — | ​ | 2 | ​ | (17)
Net finance expense | ​ | 67 | ​ | 51 | ​ | 117 | ​ | 86
​ *Includes interest related to Senior Secured Green Notes, Senior Green Notes and Senior Secured Term Loan.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ ​ ​ During the six months ended June 30, 2025, the Group recognized $1 2 million (2024: $12 million) of interest paid related to lease liabilities in cash used in operating activities in the unaudited consolidated interim statement of cash flows. Other net finance expense is primarily comprised of fees incurred on the Group’s receivables financing arrangement.

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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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