10. Finance income and costs

in thousands of EUR

2015

2014

Finance costs

- Bank borrowings

-12,622

-12,418

- Result on interest derivatives

-4,269

-4,308

- Commitment and utilisation fee

-3,275

-2,727

- Interest loans from shareholders

-

-12,114

- Other

-2,177

-608

Total finance costs

- 22,343

-32,175

Finance income

- Interest income

3,938

2,731

- Interest loans to shareholders or management

542

743

- Interest deposits

369

845

- Result on fair value derivatives

-

91

Total finance income

4,849

4,410

Net foreign exchange results

- 1,654

-6,601

Net financial result

- 19,148

-34,366

There has not been any ineffectiveness on the cash flow hedges in 2015 and 2014.