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FINANCIAL ITEMS
12 Months Ended
Dec. 31, 2018
Financial Items [Abstract]  
FINANCIAL ITEMS

Note 8 – Financial items

 

USDm   2018     2017     2016  
Financial income                        
Interest income from cash and cash equivalents ¹     2.7       1.6       0.2  
Exchange rate adjustments, including gain from forward exchange rate contracts     0.6       2.7       2.6  
Total     3.3       4.3       2.8  
                         
Financial expenses                        
Interest expenses on mortgage and bank debt ¹     35.7       33.3       29.6  
Exchange rate adjustments, including loss from forward exchange rate contracts     0.1       3.2       2.5  
Commitment fee     2.6       2.4       1.6  
Other financial expenses     0.9       1.7       3.6  
Total     39.3       40.6       37.3  
                         
Total financial items     -36.0       -36.3       -34.5  

 

1) Interest for financial assets and liabilities not at fair value through profit and loss.