TORM plc | CIK:0001655891 | 3

  • Filed: 4/9/2018
  • Entity registrant name: TORM plc (CIK: 0001655891)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1655891/000091957418002899/0000919574-18-002899-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1655891/000091957418002899/trmd-20171231.xml
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  • ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory

    NOTE 9 – FINANCIAL ITEMS
     
    USDm
    2017
    2016
    2015
    Financial income
       
    Interest income from cash and cash equivalents ¹
     1.6
    0.2
    0.3
    Exchange rate adjustments, including gain from forward exchange rate contracts
    2.7
    2.8
    0.7
    Total
    4.3
    3.0
     1.0
        
    Financial expenses
       
    Interest expenses on mortgage and bank debt ¹
    33.3
    29.7
     15.0
    Exchange rate adjustments, including loss from forward exchange rate contracts
    3.2
    2.6
    0.6
    Other financial expenses
     4.1
    5.2
     1.3
    Total
    40.6
    37.5
     16.9
        
    Total financial items
     -36.3
     -34.5
      -15.9
        
    ¹ Interest for financial assets and liabilities not at fair value through profit and loss.