Note 20 – Financial Result Audited

20.1 Interest and Other Financial Income

million CHF 2016 2015
     
Interest income 2 4
Total 2 4

 

20.2 Interest and Other Financial Expenses

million CHF 2016 2015
     
Interest expenses (76) (80)
Foreign exchange rate differences, including impact from currency-related financial derivative instruments (29) (2)
Other financial expenses (9) (7)
Total (114) (89)

 

“Interest expenses” comprise interest expenses on the Group’s debt (refer to note 14), the net defined-benefit liabilities (see note 23), the accounts receivable securitization program (see note 10) as well as other interest.