The changes in liabilities arising from financing activities during the year ended 31 December 2022 were as follows:
|
Bank loans |
Loan notes |
Origination fees |
Lease liabilities |
Total |
|
€m |
€m |
€m |
€m |
€m |
At 1 January 2022 |
73.8 |
50.0 |
(0.7) |
57.6 |
180.7 |
Changes from cash flows |
|
|
|
|
|
Repayment of borrowings |
(7.6) |
- |
- |
- |
(7.6) |
Lease payments |
- |
- |
- |
(21.0) |
(21.0) |
Loan drawdown |
52.0 |
- |
- |
- |
52.0 |
Non-cash flow changes |
|
|
|
|
|
Amortisation |
- |
- |
0.2 |
- |
0.2 |
Lease liabilities recognised |
- |
- |
- |
6.2 |
6.2 |
Currency adjustment |
- |
- |
- |
(0.4) |
(0.4) |
At 31 December 2022 |
118.2 |
50.0 |
(0.5) |
42.4 |
210.1 |
Capital repayments on the bank loans drawn during 2018 commenced in 2020. The loan notes have bullet payment terms with repayment due in 2024.