6 Finance result
|
|
|
|
|
|
|
(CHF million) |
|
2024 |
|
2023 |
|
Interest expenses on debentures |
|
–4.1 |
|
–6.8 |
|
Interest expenses on liabilities to banks |
|
–13.0 |
|
–8.1 |
|
Interest expenses on net defined benefit obligations |
|
–0.6 |
|
0.0 |
|
Interest expenses on finance lease liabilities |
|
–0.1 |
|
–0.0 |
|
Interest expenses on liabilities from concession arrangements |
|
–0.5 |
|
–0.1 |
|
Present value adjustment on provision for formal expropriations plus sound insulation and resident protection |
|
–5.8 |
|
–5.9 |
|
Foreign exchange losses |
|
–1.0 |
|
0.0 |
|
Other finance costs |
|
–5.2 |
|
–4.1 |
|
Total finance costs |
|
–30.3 |
|
–25.0 |
|
|
|
|
|
|
|
Interest income on fixed-term deposits and other financial assets |
|
6.8 |
|
10.1 |
|
Interest income on financial assets of Airport Zurich Noise Fund |
|
3.0 |
|
1.7 |
|
Interest income on net defined benefit obligations |
|
0.0 |
|
0.4 |
|
Foreign exchange gains |
|
0.0 |
|
0.3 |
|
Other finance income |
|
0.4 |
|
0.3 |
|
Total finance income |
|
10.2 |
|
12.8 |
|
|
|
|
|
|
|
Finance result |
|
–20.1 |
|
–12.2 |
Interest expenses on debentures dropped to CHF –4.1 million (prior-year period: CHF –6.8 million) as a result of repayments of debentures of CHF 300.0 million in May 2024 and of CHF 400.0 million in April 2023 (see note 18, Financial liabilities).
The increase in interest expenses on liabilities to banks to CHF –13.0 million (prior-year period: CHF –8.1 million) is particularly due to higher liabilities to banks at foreign airport concessions as a result of their construction activity (see note 18, Financial liabilities).
Interest income on fixed-term deposits and other financial assets fell year on year due to lower interest rates and less free cash invested to CHF 6.8 million (prior-year period: CHF 10.1 million).
