10. Financial results
The financial results can be specified as follows:
2023 | 2022 | |
Interest expenses | 48 | 35 |
Interest income | - | - |
Interest IFRS 16 | 4 | 4 |
Amortisation of financing costs | 4 | 3 |
Total | 56 | 42 |
Interest expenses were higher compared to 2022 (€42 million) mainly due to a higher level of debt and higher interest rates.