138
AirAsia X Berhad • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2014
9
FINANCE INCOME/(COSTS)
Group
Company
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Finance income:
Interest income:
- Deposits with licensed bank
1,051
3,032
1,051
3,029
- Deposits for leased aircraft
5,298
579
5,298
579
6,349
3,611
6,349
3,608
Finance costs:
Interest expense on bank borrowings
(98,561)
(68,841)
(98,561)
(68,841)
Amortisation of deposits for leased aircraft
(59,723)
(4,068)
(59,723)
(4,068)
Bank facilities and other charges
(1,374)
(3,513)
(1,374)
(3,513)
(159,658)
(76,422)
(159,658)
(76,422)
FOREIGN EXCHANGE LOSSES
Unrealised foreign exchange (losses)/ gains on:
- Borrowings
(64,551)
(119,629)
(64,551)
(119,629)
- Deposits and bank balances
5,998
1,034
5,998
1,034
(58,553)
(118,595)
(58,553)
(118,595)
Fair value movement recycled from cash flow hedge reserve and others
(78,368)
(57,576)
(78,368)
(57,576)
Net foreign exchange losses
(136,921)
(176,171)
(136,921)
(176,171)
