| XLS |
|
|
|
|
|
€ million |
2013 |
2012 |
|
Interest income and similar income |
30.1 |
35.6 |
|
Interest expenses and similar expenses |
–176.6 |
–221.9 |
|
Interest component from currency hedging transactions |
–17.2 |
–19.0 |
|
Interest result |
–163.7 |
–205.3 |
|
|
|
|
|
Interest component of the additions to pension provisions and other non-current provisions |
–54.2 |
–60.3 |
|
Currency differences from financing activities |
–4.3 |
11.2 |
|
Result from financial investments |
– |
–0.2 |
|
|
–222.2 |
–254.6 |
In spite of the increase in cash and cash equivalents, due to the overall lower level of interest rates interest income slightly declined.
The decrease in interest expenses was due mainly to the repayment of three bonds. Two bonds with a nominal volume of € 500.0 million each were already repaid in the course of fiscal 2012, and a bond with a nominal volume of € 750.0 million was repaid in 2013. In addition, interest expenses in 2012 included the expense from an interest rate swap with a nominal volume of € 250.0 million, which was closed out in 2012.
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