Finance and investment income, finance costs and revaluation and retranslation of financial instruments

6 Months Ended

Jun. 30, 2021

6.	Finance and investment income, finance costs and revaluation and retranslation of financial instruments

Finance and investment income includes:


Continuing operations	Six months ended 30 June 2021		Six months ended 30 June 2020
	£m		£m
Income from equity investments		5.0		6.8
Interest income		25.1		44.4
		30.1		51.2

Finance costs include:


Continuing operations	Six months ended 30 June 2021		Six months ended 30 June 2020
	£m		£m
Interest expense and similar charges		101.5		107.1
Interest expense related to lease liabilities		45.7		50.2
		147.2		157.3

Revaluation and retranslation of financial instruments include:


Continuing operations	Six months ended 30 June 2021			Six months ended 30 June 2020 1
	£m			£m
Movements in fair value of treasury instruments		4.7			(2.0	)
Premium on the early repayment of bonds		(13.1	)		—
Revaluation of investments held at fair value through profit or loss		30.5			1.7
Revaluation of put options over non-controlling interests		(44.4	)		25.4
Revaluation of payments due to vendors (earnout agreements)		(9.4	)		7.4
Retranslation of financial instruments		19.6			(301.1	)
		(12.1	)		(268.6	)

Note

1	Figures have been restated as described in the accounting policies.