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34 Finance income and expenses

34.1 FINANCE INCOME
        2015/2016   2014/2015
        €000   €000
             
Interest on bank balances and deposits       420   173
Interest on (un)billed receivables held by subsidairies       6,737   6,757
Other interest and similar income       214   358
             
        7,371   7,288
             
34.2 FINANCE EXPENSES            
             
    notes   2015/2016   2014/2015
        €000   €000
             
Interest on loans granted by current and retired members       2,178   2,103
Interest on current and retired members’ current account balances       1,750   1,586
             
Total interest paid to current and retired members       3,928   3,689
Finance charges payable under finance leases       75   183
Interest on bank loans and borrowings
(including amortized cost of loans and borrowings)
     
169
 
625
Unwinding of discount on provisions and loans   43, 45, 46   966   1,735
Interest on current account subsidiaries       28   1,104
Other interest and similar expense       359   250
             
        5,525   7,586