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Annual Report 2014 Report by the Board of Directors Notes Proposed distribution of earnings Auditor’s report 11-year review Quarterly info

Note 9 Financial income and financial expenses

  Group Parent Company
  2013 2014 2013 2014
Financial income        
Interest income        
From subsidiaries 319 473
From others 137 131 12 11
Dividends from subsidiaries 2.004 2.616
Other financial income 1 5 5
Total financial income 138 136 2.335 3.105
Financial expenses        
Interest expenses        
To subsidiaries –51 –59
To others –646 –544 –557 –461
On loans and forward contracts as hedges for foreign net ­investments
On other loans and borrowings, net 10 –18 –181 99
Pension interest expenses, net –126 –97
Other financial expenses –52 –63 –37 –34
Total financial expenses –814 –721 –826 –455

Interest expense to others, for the Group and Parent Company, includes gains and losses on derivatives used for managing the Group’s interest fixing. For information on financial instruments, see Note 18 on page 112.