9 Finance income and expenses
2023 | 2022 | |
Finance income and expenses | (3,330) | 173 |
Interest on lease liabilities | 3,726 | 3,842 |
Total finance income and expenses | 396 | 4,015 |
The Fund had no external loans and borrowings during 2023. The Fund was subject to the negative interest rate development for its bank balances during the first half of the year. During the second half of the year the interest was positive.
Costs for land lease are classified as finance expenses under IFRS16.