35. Change in financing liabilities

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.