=+On 1 January 2008, BEROL Limited (BEROL) raised 500,000 €1 non-equity shares at a premium of €0.10 per share, incurring issue costs of €10,000. The shares have a fixed cumulative dividend of 5% per annum payable half yearly, and are redeemable on 31 December 2012 at a premium of 20%. The implicit rate of interest is 6.544%. Requirement Calculate the finance cost to be charged in the statement of comprehen- sive income of BEROL in each of the five years to 31 December 2012, and the carrying value at the end of each of the five years.