XML 22 R12.htm IDEA: XBRL DOCUMENT

Net finance expense/(income)

6 Months Ended

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 $12 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.