- Index
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- 8
- 9
- 10
- 11
- 12
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- 15
- 16
- 17
- 18
- 19
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- 21
- 22
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- 25
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- 29
- 30
- 31
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- 35
in CHF m |
2015 |
2014 |
||
Interest income |
11 |
11 |
||
thereof interest on loans, receivables and deposits |
11 |
7 |
||
thereof interest from derivative financial instruments |
– |
4 |
||
Other financial income |
3 |
3 |
||
Total finance income |
14 |
14 |
in CHF m |
2015 |
2014 |
||
Interest expense |
–104 |
–129 |
||
thereof effect of discounting of non-current provisions |
–4 |
–6 |
||
thereof interest component of pension provisions |
–18 |
–23 |
||
Other financial expenses |
–10 |
–8 |
||
Currency result, net |
–96 |
–25 |
||
Total finance costs |
–210 |
–162 |
||
thereof reported under discontinued operations |
– |
2 |
||
Total continuing operations |
–210 |
–160 |
Other financial expenses include bank charges and miscellaneous financial expenses.
In 2015 and 2014, no foreign exchange gains pertaining to the ineffective part of hedges on net investments were recognized in the income statement.
Interest expense, other than the effect of discounting of non-current provisions and the interest component of pension provisions, pertain to financial debts measured at amortized cost.
Interest costs capitalized on qualifying assets for 2015 were CHF 1 million (2014: CHF 1 million).