v3.25.0.1
Net Financial Income and Costs
12 Months Ended
Dec. 31, 2024
Net Financial Income and Costs  
Net Financial Income and Costs

13. Net Financial Income and Costs

An analysis of financial income and financial costs is as follows:

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For the year ended

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December 31,

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2022

    

2023

    

2024

Financial income

 

  

 

  

 

  

Financial income

 

2,363

 

7,612

 

190

Total financial income

 

2,363

 

7,612

 

190

Financial costs

 

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Amortization and write-off of deferred loan issuance costs

 

4,794

 

8,878

 

—

Interest expense on loans

 

40,879

 

53,694

 

—

Interest expense on leases

 

1,668

 

3,785

 

4,662

Commitment fees

 

68

 

—

 

—

Other financial costs including bank commissions

 

230

 

703

 

168

Total financial costs

 

47,639

 

67,060

 

4,830

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In the year ended December 31, 2023, an amount of $5,831 representing the write-off of the unamortized deferred loan issuance costs in connection with the termination of all the Partnership’s loans (Note 7) was included in Amortization and write-off of deferred loan issuance costs (December 31, 2022: $654 in connection with the termination of the GAS-twenty Ltd. and the GAS-twenty one Ltd. advances of GasLog Partners $260.3M Facility and GasLog Partners $193.7M Facility).