FINANCIAL EXPENSE

 

This item consists of the following:

(in thousands of euro)

2010

2009

Interest expense on bonds and notes

17,381

17,374

Other interest expense and bank charges

2,596

160

Total

19,977

17,534

 

The rise in the item “Other interest expense and bank charges” refers mainly to the prudential provision of an amount of € 2,500 thousand as interest expense relating to the tax disputes currently outstanding.