Note 21 – Financial Results Audited

Interest and Other Financial Income

million CHF 2017 2016
     
Interest income 10 2
Fair value adjustment on contingent purchase price consideration (see note 29.6) 7 0
Total 17 2

 

Interest and Other Financial Expenses

million CHF 2017 2016
     
Interest expenses (75) (75)
Amortization of debt fees and discounts (43) (1)
Foreign exchange rate differences, including impact from currency-related financial derivative instruments (26) (29)
Other financial expenses (15) (9)
Total (159) (114)

 

"Amortization of debt fees and discounts" as well as “interest expenses” comprise expenses on the Group’s debt (see note 15), the net defined-benefit liabilities (see note 24), the accounts receivable securitization program (see note 11) as well as other interest.