Ann: Revised Appendix 4C clarification, page-155

Roughly, average debt over the year = opening debt+closing debt/2
9542+2888=12430 /2=6215 (actual level would be smaller as more debt was repaid in the first half than the second, but this is conservative).

Finance costs = 860k as per the revised statment

860k/6215k = 13.8% pa on the loans.

last year was approx 450k on far higher levels.

why was so much paid out in the last quarter? Why is the finance charge so high?