ELN » Topics » Interest Expense

This excerpt taken from the ELN 6-K filed Aug 28, 2009.
Interest Expense
 
In the first half of 2009, interest expense amounted to $71.4 million, compared to $75.1 million in the same period of 2008. The decrease was primarily due to reduced interest rates related to our floating rate notes, partially offset by an increase in net foreign exchange losses.
 
This excerpt taken from the ELN 6-K filed Mar 30, 2009.
b Interest expense
 
                 
    2008
    2007
 
    $m     $m  
 
 
Total interest expense — net foreign exchange losses
          0.3  
 
This excerpt taken from the ELN 6-K filed Mar 31, 2008.
d Interest expense
 
                 
    2007
    2006
 
    $m     $m  
 
 
Intercompany interest expense           16.5  
Finance lease interest
          0.7  
Net foreign exchange losses
    0.3        
                 
Interest expense
    0.3       17.2  
                 
 
This excerpt taken from the ELN 6-K filed Mar 30, 2007.
d Interest expense
 
             
    2006
  2005
    $m   $m
 
Intercompany interest expense
    16.5    
Finance lease interest
    0.7     0.8
Net foreign exchange losses
        3.0
Other
        0.8
             
Interest expense
    17.2     4.6
             
 
This excerpt taken from the ELN 6-K filed Mar 31, 2006.
Interest Expense
Interest expense was $179.3 million for 2005, compared to $153.9 million for 2004. The increase primarily reflects the full year interest costs associated with the issuance of $850.0 million of 7.75% senior fixed rate notes (7.75% Notes) and $300.0 million of senior floating rate notes (Floating Rate Notes) in November 2004, partially offset by the impact of the repayment of the Elan Pharmaceutical Investments II, Ltd. issued guaranteed loan notes (EPIL II Notes) in June 2004 and the Elan Pharmaceutical Investments III Ltd. (EPIL III) Series B and C guaranteed notes (collectively, the EPIL III Notes) in November 2004, the early retirement of $36.8 million of the 7.25% Senior Notes (Athena Notes) due in 2008 and the early conversion of $206.0 million in aggregate principal amount of 6.5% Convertible Notes due in 2008 in the second quarter of 2005.
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