6 Financial income and expense

 

2019

2018

 
 
 

Financial income

 
 

Interest income

9

13

Fair value change in derivatives

20

-

Unwinding of discounted receivables

1

5

 
 
 

Total financial income

30

18

 
 
 

Financial expense

 
 

Interest expense

(92)

(102)

Interest relating to lease liabilities

(7)

-

Interest relating to defined benefit plans

(7)

(6)

Capitalized interest during construction

3

5

Exchange differences

(2)

(3)

Unwinding of discounted payables

(8)

(12)

Sundry

(9)

(1)

 
 
 

Total financial expense

(122)

(119)

 
 
 

Financial income and expense

(92)

(101)

In 2019, the interest rate applied in the capitalization of interest during construction was 3% (2018: 4%).

Notes

  1. General information
  2. Alternative performance measures
  3. Change in the scope of the consolidation
  4. Segment information
  5. Net sales and costs
  6. Financial income and expense
  7. Income tax
  8. Intangible assets
  9. Property, plant and equipment
  10. Associates and joint arrangements
  1. Other financial assets
  2. Inventories
  3. Current receivables
  4. Current investments
  5. Cash and cash equivalents
  6. Equity
  7. Non-controlling interests
  8. Provisions
  9. Borrowings
  10. Other non-current liabilities
  1. Current liabilities
  2. Contingent liabilities and other financial obligations
  3. Financial instruments and risks
  4. Post-employment benefits
  5. Net debt
  6. Notes to the cash flow statement
  7. Share-based compensation
  8. Related parties
  9. Service fees paid to external auditors
  10. Events after the balance sheet date