The changes in liabilities arising from financing activities during the year ended 31 December 2021 were as follows:
Bank loans | Loan notes | Origination fees | Lease liabilities | Total | |
€m | €m | €m | €m | €m | |
At 1 January 2021 | 151.3 | 50.0 | (0.9) | 38.5 | 238.9 |
Changes from cash flows | |||||
Repayment of borrowings | (87.5) | - | - | - | (87.5) |
Lease payments | - | - | - | (19.8) | (19.8) |
Loan Drawdown | 10.0 | - | - | - | 10.0 |
Non-cash flow changes | |||||
Amortisation | - | - | 0.2 | - | 0.2 |
Lease liabilities recognised | - | - | - | 38.5 | 38.5 |
Lease remeasurement | - | - | - | (0.3) | (0.3) |
Currency adjustment | - | - | - | 0.7 | 0.7 |
At 31 December 2021 | 73.8 | 50.0 | (0.7) | 57.6 | 180.7 |
Capital repayments on the bank loans drawn during 2018 commenced in 2020. The loan notes have bullet payment terms with repayment due in 2024.