Financing costs comprise the following:
| 
 | 2021 | 2020 | ||
|---|---|---|---|---|
| Net foreign currency gains/losses from financial liabilities | (4,405) | 6,391 | ||
| Interest expense for bonds and private placements | (9,214) | (10,988) | ||
| Interest expense for bank loans, other interest and similar expenses | (34,418) | (15,710)1 | ||
| Capitalized borrowing costs for property, plant and equipment and biological assets | 26,008 | 8,4291 | ||
| Total | (22,029) | (11,878)1 | ||
| 
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