Financial income and expense

 
2017
2016
   
Continuing operations
  
Financial income
  
Interest income
11
23
Fair value change commodity hedges
14
-
Unwinding discounted receivables
10
-
   
Total financial income
35
23
   
Financial expense
  
Interest expense
(125)
(121)
Interest relating to defined benefit plans
(8)
(10)
Capitalized interest during construction
3
3
Exchange differences
(4)
(6)
Unwinding discounted payables
(3)
(7)
Sundry
(2)
(15)
   
Total financial expense
(139)
(156)
   
Financial income and expense
(104)
(133)

As of July 2017, the interest rate applied in the capitalization of interest during construction decreased from 5% to 4% (2016: 5%).