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Net finance costs (Tables)
12 Months Ended
Jun. 30, 2018
Net finance costs  
Schedule of net finance costs

 

9 Net finance costs

                                                                                                                                                                                                                                    

 

 

    

2018
£'000

    

2017
£'000

    

2016
£'000

 

Interest payable on bank loans and overdrafts

 

 

(1,458

)

 

(1,502

)

 

(1,381

)

Interest payable on secured term loan facility and senior secured notes

 

 

(17,567

)

 

(18,784

)

 

(17,306

)

Amortization of issue costs on secured term loan facility and senior secured notes

 

 

(627

)

 

(608

)

 

(544

)

Foreign exchange gains/(losses) on retranslation of unhedged US dollar borrowings

 

 

 

 

1,816

 

 

(4,136

)

Unwinding of discount relating to registrations

 

 

(3,492

)

 

(2,401

)

 

(2,380

)

Fair value movements on derivative financial instruments:

 

 

 

 

 

 

 

 

 

 

Embedded foreign exchange derivatives

 

 

(1,089

)

 

(3,534

)

 

5,288

 

​ 

​ 

​ 

​ 

​ 

​ 

Total finance costs

 

 

(24,233

)

 

(25,013

)

 

(20,459

)

​ 

​ 

​ 

​ 

​ 

​ 

Foreign exchange gains on retranslation of unhedged US dollar borrowings

 

 

4,952

 

 

 

 

 

Interest receivable on short-term bank deposits

 

 

1,243

 

 

736

 

 

442

 

​ 

​ 

​ 

​ 

​ 

​ 

Total finance income

 

 

6,195

 

 

736

 

 

442

 

​ 

​ 

​ 

​ 

​ 

​ 

Net finance costs

 

 

(18,038

)

 

(24,277

)

 

(20,017

)

​ 

​ 

​ 

​ 

​ 

​ 

​ 

​ 

​ 

​ 

​ 

​