8 Finance costs

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€ million

 

2016

 

2015

 

 

 

 

 

Other interest and similar expenses

 

1,330

 

1,272

Interest cost included in lease payments

 

29

 

22

Interest expenses

 

1,359

 

1,294

Realized expenses of loan receivables and payables in foreign currency

 

810

 

333

Net interest on the net defined benefit liability

 

731

 

690

Interest cost on other liabilities

 

347

 

77

Interest cost on liabilities

 

1,078

 

767

Finance costs

 

3,247

 

2,393

The recognized foreign currency expenses presented in the “Other interest and similar expenses” item in previous years are presented separately in fiscal year 2016. The prior-year amounts have been reclassified accordingly.