10 Financing income and expenses
|
|
|
|
In thousands of CHF |
2020 |
|
2019 |
Interest expense |
1,916 |
|
1,999 |
Losses on derivatives used for currency hedging |
1,642 |
|
1,104 |
Foreign currency translation losses |
5,099 |
|
3,635 |
Total financing expenses |
8,657 |
|
6,738 |
|
|
|
|
In thousands of CHF |
2020 |
|
2019 |
Interest income |
77 |
|
108 |
Gains on derivatives used for currency hedging |
2,155 |
|
636 |
Foreign currency translation gains |
584 |
|
1,418 |
Total financing income |
2,816 |
|
2,162 |
|
|
|
|
In thousands of CHF |
2020 |
|
2019 |
Net interest expense |
1,838 |
|
1,890 |
Net foreign currency translation losses or (gains) |
4,002 |
|
2,685 |
Foreign currency translation gains and losses resulted largely from items denominated in US dollars and euros.