BL-2023-000713 - Bundle for Disposal Hearing

Jockey Club Racecourses Limited Notes to the financial statements Year ended 31 December 2021

5.

Income from other investments

2021

2020

£m

£m

Dividends received from associated undertakings

1.2

0.2

6.

Interest receivable and similar income

2021

2020

£m

£m

Intercompany loans

0.3

0.3

7.

Interest payable and similar charges

2021

2020

£m

£m

Bank loans and overdrafts

3.8 0.4 0.1

3.4 0.3

Intercompany loans

Other loans

-

3.7

4.3

8.

Other finance income/(costs)

2021

2020

£m

£m

Change in fair value of interest rate swap (notes 15 and 16) Net interest on net defined benefit liability (note 18)

(2.3) (0.2)

4.6

(0.3)

Effective interest credit on fair value of loans

0.1

0.1

4.4

(2.4)

9.

Other operating income

2021

2020

£m

£m

Insurance claims

16.4

25.3

Compensation for early termination of contract

1.0 0.4

6.9 4.1

Furlough grants

26.7

27.4

6594 120 659

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