12 Finance income and costs

EUR million 1 Jan–31 Dec 2015 1 Jan–31 Dec 2014
Finance income


Interest income from loans and receivables 1.3 0.5

Interest income from available-for-sale financial assets 0.0 0.0

Dividend income from available-for-sale financial assets 0.0 0.0

Foreign exchange rate gains 32.5 40.6

Gain on the changes in fair value of interest rate derivatives 0.1

Other finance income 0.0 0.1

33.9 41.3




Finance costs


Interest expenses for financial liabilities recognised at amortised cost 12.5 16.3

Foreign exchange rate losses 37.2 47.8

Losses on the change in fair value of interest rate derivatives
1.2

Credit losses from loan receivables
7.0

Other finance costs 4.8 7.0

54.5 79.2



Finance income and costs, total -20.6 -37.9




Exchange rate differences recognised in the income statement

EUR million 1 Jan–31 Dec 2015 1 Jan–31 Dec 2014
Exchange rate differences on sales 0.0 -0.1
Exchange rate differences on purchases 0.0 0.0
Exchange rate differences on hedging purchases and sales 0.0 0.3
Exchange rate differences on financial items -4.7 -7.1
Exchange rates differences, total -4.7 -6.9