|
|
| |||
|---|---|---|---|---|
|
€m |
2006 |
2007 | ||
|
Financial income |
|
| ||
|
Interest income |
63 |
69 | ||
|
Income from other equity investments and financial instruments |
13 |
21 | ||
|
Income from currency translation differences |
81 |
438 | ||
|
Other financial income |
41 |
470 | ||
|
|
198 |
998 | ||
|
Finance costs |
|
| ||
|
Interest expenses |
–1,040 |
–1,055 | ||
|
of which interest cost on discounted provisions for pensions and other provisions |
–704 |
–723 | ||
|
Cost of loss absorption |
0 |
–1 | ||
|
Write-downs on financial instruments |
–11 |
–2 | ||
|
Expenses from currency translation differences |
–95 |
–576 | ||
|
Other finance costs |
–86 |
–377 | ||
|
|
–1,232 |
–2,011 | ||
|
Net other finance costs |
–1,034 |
–1,013 | ||
Income and expenses from the Deutsche Postbank Group’s banking transactions are not recognised under net other finance costs. Whilst income – in particular in the form of interest, fee and commission income as well as income from equities and securities – is recognised under revenue and income from banking transactions (see Note 9), expenses – in particular interest, fee and commission expenses – are carried under materials expense and expenses from banking transactions (see Note 11). The increases in income and expenses from currency translation differences and in other financial income and other finance costs were primarily due to changes in the hedging procedures for foreign currencies.
