33 Financing expenses

Financing expenses

 
Euro 000s 2008/2009 2007/2008  
Interest expenses on overdraft facilities, non-current and current loans 51 663  48 080  
Kiel put option 12 740  10 231  
Compounding of provisions 6 288 5 540  
Write-downs on securities 69  531  
Interest expenses from minority ownership of commercial partnerships — 3 866  
Write-downs on current loans  — 73  
Interest and similar expenses 13 453 8 948  
  84 213 77 269 

The information for the previous year has been extended to include interest expenses on overdraft facilities, non-current and current loans. In the previous year these were still shown under interest and similar expenses. The interest expenses recognised for the valuation of minority ownership of commercial partnerships in the 2007/08 financial year were countered by corresponding interest income in the 2008/09 financial year.