BMW 2001 Annual Report Download - page 68
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67
Income from investments arises principally from the
investment in Rolls-Royce plc, London, and from
subsidiaries.
Income from associated companies includes
the equity results of Rover Finance Holdings Ltd.,
Guildford, and of the joint venture TRITEC Motors
Ltda., Campo Largo.
Write-downs on non-current financial assets
and current marketable securities amounted in total
to euro 3 million (2000: euro 6 million).
[13]Financial result in euro million 2001 2000
Income from investments 35 53
thereof from subsidiaries: euro 11 million (2000: euro 34 million)
Income from associated companies 7
Expenses from loss transfers 3 2
Write-downs on investments in subsidiaries 3 3
Result on investments 29 55
Other interest and similar income 823 748
thereof from subsidiaries euro 21 million (2000: euro 18 million)
Interest and similar expenses 781 761
thereof to subsidiaries euro 3 million (2000: euro 3 million)
Expense from reversal of discounting of provisions 65 39
Write-downs on non-current loans and current marketable securities 3
Net interest result 23 55
Expense from fair value measurement of financial instruments 120 33
Other financial result 120 33
Financial result 114 33