INCLUDED IN THE INTEREST AMOUNT OF 1,100,000 IN FINANCIAL EXPENSES...

7. Included in the interest amount of 1,100,000 in financial expenses is the amortisation of the costs of issuingbonds on 1 May 2013. GVC paid 60,000 to a foreign investment bank for the issuing costs of these ten-yearbonds to the international market. The foreign investment bank issued an invoice to GVC in May 2013 and thecompany duly withheld foreign contractor tax (FCT) when making payment of the issuing costs at the end of May