EN
DE

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.