IAS 21, para 52 (a), disclosure of exchange differences recognised in profit or loss

Associated British Foods plc – Annual report – 13 September 2025

Industry: food and drink, retail

2. Operating costs (extract)

4. Interest and other financial income

Finance expense on bank loans and overdrafts is net of interest capitalised of £11m (2024 – £5m) of which £9m relates to interest on specific borrowings with the remainder relating to general borrowings.