Audi 2007 Annual Report Download - page 196

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7 Result from investments accounted for using the equity method
EUR million 2007 2006
Income from investments accounted for using the equity method 48 18
Expense from investments accounted for using the equity method – 1 – 1
Result from investments accounted for using the equity method 47 17
8 Finance cost
EUR million 2007 2006
Interest and similar expenses – 153 – 128
of which to affiliated companies – 152 – 122
Interest expense – 153 – 128
Interest effect from the measurement of provisions for pensions – 87 – 91
Interest effect from the measurement of other provisions 3 – 35
Interest on provisions – 84 – 126
Interest income and expense are attributed on an accrual basis.
The positive interest effect in fiscal 2007 from the measurement of other provisions was
attributable to a rise in the discount rate following a rise in the domestic interest rate, and
to changed maturities.
9 Other financial results
EUR million 2007 2006
Investment result 5 – 35
Income from investments in affiliated companies 28 23
Income from profit transfer agreements 5 5
Expense from the transfer of losses – 7 –
Expense from investments in affiliated companies – 21 – 63
Income from the sale of securities 33 7
Expense from the sale of securities – 20 – 5
Income from the measurement of commodity futures 36 23
Expense from the measurement of commodity futures – – 9
Interest and similar income 346 187
of which from affiliated companies 268 134
Total other financial results 400 168
Income from investments in affiliated companies primarily relates to a share in the profits of
Volkswagen Logistics GmbH & Co. OHG, of Wolfsburg.
The overall line item of hedging instruments is shown under “Other particulars” (Note 35).
Interest income is attributed on an accrual basis.