Notes 1-5

5. Finance income and finance costs

Finance income includes:


 
 
 
Six months
ended
30 June
2009
£m
Six months
ended
30 June
2008
£m

Year ended
31 December
2008
£m
Expected return on pension
scheme assets
15.4 15.0 31.3
Income from available for
sale investments
5.0 5.0 9.7
Interest income 87.1 50.1 128.6
Finance income (excluding gains
on termination of hedge accounting
on repayment of TNS debt)

107.5

70.1

169.6
Gains on termination of hedge
accounting on repayment
of TNS debt

25.2


  132.7 70.1 169.6

Finance costs include:


 
 
 
Six months
ended
30 June
2009
£m
Six months
ended
30 June
2008
£m

Year ended
31 December
2008
£m
Interest on pension scheme liabilities 23.4 18.5 38.9
Interest on other long-term
employee benefits
0.6 0.8 1.6
Interest payable and similar charges 173.5 115.1 278.9
Finance charges (excluding
revaluation of financial instruments
and gains on swap terminations)

197.5

134.4

319.4
Revaluation of financial instruments
accounted at fair value through
profit or loss

(25.6)

(4.3)

25.4
  171.9 130.1 344.8

The following are included in the revaluation of financial instruments accounted at fair value through profit or loss shown above:


 
 
 
 
Six months
ended
30 June
2009
£m
Six months
ended
30 June
2008
£m

Year ended
31 December
2008
£m
Movements in fair value of
treasury instruments
(14.4) (17.2) 13.9
Revaluations of put options over
minority interests
(11.2) 12.9 11.5
  (25.6) (4.3) 25.4