2nd Interim Report 2019
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7 Financial result
In CHF million | 1.1.–30.6.2019 | 1.1.–30.6.2018 | ||
---|---|---|---|---|
Interest income on financial assets | 6 | 5 | ||
Change in fair value of interest rate swaps | – | 9 | ||
Foreign exchange gains | 1 | 5 | ||
Other financial income | 20 | 11 | ||
Total financial income | 27 | 30 | ||
Interest expense on financial liabilities | (37) | (63) | ||
Interest expense on lease liabilities | (15) | (12) | ||
Interest expense on defined benefit obligations | (4) | (3) | ||
Change in fair value of interest rate swaps | (23) | – | ||
Other financial expense | (19) | (22) | ||
Total financial expense | (98) | (100) | ||
Financial income and financial expense, net | (71) | (70) | ||
Interest expense on lease liabilities | (15) | (12) | ||
Net interest expense on financial assets and liabilities | (31) | (58) |