For the short period 1 April 2006 to 3 March 2007
| 2007 £m |
2006 £m |
||||
| Finance income: | |||||
| Bank deposits | 13.8 | 7.9 | |||
| Expected return on retirement benefit asset | 37.8 | 27.5 | |||
| Interest receivable from GUS Group companies | 3.9 | 10.3 | |||
| Total finance income | 55.5 | 45.7 | |||
| Finance expense: | |||||
| Interest cost of perpetual securities | (11.1) | (11.2) | |||
| Discount unwind on provisions | (1.9) | (0.5) | |||
| Financing fair value remeasurements | (0.1) | (2.0) | |||
| Interest expense on retirement benefit liabilities | (25.7) | (24.9) | |||
| Interest expense on OFT fine | (1.5) | – | |||
| Interest payable to GUS Group companies | (47.5) | (67.6) | |||
| Total finance expense | (87.8) | (106.2) | |||
| Less: finance expense charged to Financial Services cost of sales | 16.4 | 15.8 | |||
| Total net finance expense | (71.4) | (90.4) | |||
| Net financing costs pre exceptional | (15.9) | (44.7) | |||
| Exceptional finance income | 6.9 | – | |||
| Net financing costs | (9.0) | (44.7) |