16. Financial result

Financial result

in € thousand

 

2020

 

2019

Earnings from associates accounted for using the equity method

 

3,601

 

4,458

Income from the adjustment of settlement obligations to shareholders with non-controlling interests

 

5,909

 

0

Income from exchange rate differences

 

709

 

606

Interest income from non-affiliated companies and non-consolidated affiliated companies

 

579

 

1,485

Interest income from bank balances

 

44

 

90

Income from currency hedging instruments at fair value

 

0

 

705

Interest income

 

7,241

 

2,886

Interest included in lease payments

 

21,581

 

22,016

Interest expenses on bank liabilities

 

5,303

 

6,253

Interest portion of pension provisions

 

3,520

 

7,158

Interest expenses to non-affiliated companies and non-consolidated affiliated companies

 

1,625

 

1,836

Expenses from exchange rate differences

 

1,377

 

845

Interest portion of other provisions

 

1,012

 

1,826

Expenses from currency hedging instruments at fair value

 

883

 

0

Expenses from the adjustment of settlement obligations to shareholders with non-controlling interests

 

0

 

2,525

Interest expenses

 

35,301

 

42,459

Net interest income

 

- 28,060

 

- 39,573

Income from other equity investments

 

0

 

0

Other financial result

 

0

 

0

 

 

- 24,460

 

- 35,115

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.

For information on gains (previous year: expenses) from the adjustment of settlement obligations to shareholders with non-controlling interests, see Note 6.

See Note 38 for information about the interest conditions related to interest expenses associated with liabilities to banks.