NOTES TO THE FINANCIAL STATEMENTS

6. Finance expense



(all amounts in Euro thousands)

i) Finance income Group Company
  2017 2016 2017 2016
Interest income and related income 869 1,569 2 24
Fair value gains on derivatives 30 1,331 - -
Finance income 899 2,900 2 24
ii) Finance expenses Group Company
  2017 2016 2017 2016
Interest expense and related expenses -63,839 -65,992 -15,883 -22,041
Finance costs of actuarial studies (note 25) -510 -533 -238 -249
Unwinding of discount of rehabilitation and other provisions (note 26) -240 -268 -40 -43
Finance lease interest -444 -510 - -
Finance expense -67,033 -67,303 -16,161 -22,333
iii) (Losses)/gains from foreign exchange differences Group Company
  2017 2016 2017 2016
Net exchange (losses)/gains -55,907 -24,367 -3,096 303
Fair value losses on derivatives 33,581 -1,615 - -
(Losses)/gains from foreign exchange differences -22,326 -25,982 -3,096 303
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