16. Financial result
in € thousand |
2018 |
2017 |
||
Earnings from associates accounted for using the equity method |
5,347 |
4,778 |
||
Interest income from non-affiliated companies and non-consolidated affiliated companies |
1,228 |
1,330 |
||
Income from exchange rate differences |
837 |
3,256 |
||
Interest income from bank balances |
63 |
63 |
||
Interest income |
2,128 |
4,649 |
||
Interest portion of pension provisions |
6,512 |
6,340 |
||
Expenses from the adjustment of settlement obligations to shareholders with non-controlling interests |
6,036 |
12,855 |
||
Interest included in lease payments |
5,336 |
5,383 |
||
Interest expenses on bank liabilities |
5,312 |
6,064 |
||
Interest portion of other provisions |
1,789 |
1,631 |
||
Interest expenses to non-affiliated companies and non-consolidated affiliated companies |
1,310 |
1,747 |
||
Expenses from exchange rate differences |
947 |
1,304 |
||
Expenses from currency hedging instruments at fair value |
869 |
0 |
||
Interest expenses |
28,111 |
35,324 |
||
Net interest income |
- 25,983 |
- 30,675 |
||
Income from other equity investments |
0 |
0 |
||
Other financial result |
0 |
0 |
||
|
- 20,636 |
- 25,897 |
Earnings from companies accounted for using the equity method relate to the pro rata annual earnings of the joint ventures and associates, see also Note 25.
Income and expenses from exchange rate differences in the reporting period are mainly due to the performance of the Ukrainian hryvnia.
Please refer to Note 6 for details of expenses from the adjustment of settlement obligations to non-controlling interests, which totalled € 6,036 thousand (previous year: € 12,855 thousand).
See Note 38 for information about the interest expenses associated with amounts due to banks.