Annual Report 2021

25. Net Financial Result

CHF million

 

2021

 

2020

Interest income

 

1.8

 

1.1

Other

 

2.3

 

1.2

Total financial income

 

4.1

 

2.3

 

 

 

 

 

Interest expense

 

– 25.4

 

– 27.6

Other

 

– 1.9

 

– 0.9

Total financial expense

 

– 27.3

 

– 28.5

Changes in value of derivatives, which do not comply with the prerequisites to apply hedge accounting under IFRS 9, are shown within the net financial result as well.