Ardagh Glass Finance plc - Irish Stock Exchange

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
4. Employee benefit expense
2007 2006
E’000 E’000
Wages and salaries ............................................... 189,654 111,447
Social security costs ............................................... 25,672 13,906
Pension costs ................................................... 9,113 9,525
Termination benefits .............................................. 8,786 7,163
233,225 142,041
5. Other income and expenses
2007 2006
E’000 E’000
Non trade related legal costs .......................................... — (1,209)
Termination benefits ................................................ (8,786) (7,163)
Profit on disposal of property, plant & equipment .......................... — 47
Impairment of property, plant & equipment ............................... — (1,909)
Other ........................................................... (128) (211)
Settlement gain on pension ........................................... — 19,269
(8,914) 8,824
6. Finance income and expense
2007 2006
E’000 E’000
Interest expense
—8 7 ⁄8% Senior Notes due 2013 ........................................ 16,963 16,918
—7.125% Senior Notes due 2017 ...................................... 13,145 —
—Bank loans, overdrafts and revolving credit facilities ....................... 20,903 6,794
—Invoice discounting facilities ........................................ 2,645 2,559
—Finance leases .................................................. 2,658 3,010
—Interest cost on pension plan liabilities ................................. 11,987 8,508
—Foreign exchange losses ............................................ 1,376 —
Finance costs ..................................................... 69,677 37,789
2007 2006
E’000 E’000
Interest income
—Short term bank deposits ........................................... 3,164 1,730
—Expected return on plan assets ...................................... 13,483 9,667
Finance income ................................................... 16,647 11,397
F-86