11 – Net financial result Index5678910111213 (XLSX:) Download Interest income In EUR mn 2020 2019 Cash & cash equivalents 38 52 Discounted receivables 17 24 Other financial and non-financial assets 30 23 Loans 88 70 Other 3 — Interest income 177 169 Other financial and non-financial assets mainly included late payment interest income in relation to successful arbitration in Romania in 2020, while 2019 primarily contained late payment interest income in relation to clarification of a tax related topic in Romania. Interest income from loans included EUR 84 mn (2019: EUR 70 mn) related to the Nord Stream 2 financing agreement. For further details see Note 18 – Financial assets. (XLSX:) Download Interest expenses In EUR mn 2020 2019 Bonds 136 129 Lease liabilities 24 23 Other financial and non-financial liabilities 20 27 Provisions for decommissioning and restoration obligations 74 91 Provisions for jubilee payments, personnel reduction plans and other employee benefits 2 2 Provisions for pensions and severance payments 11 19 Provisions for onerous contracts 15 17 Other 5 2 Interest expenses, gross 287 309 Capitalized borrowing costs (7) (6) Interest expenses 280 304 For further details on bonds see Note 24 – Liabilities. For OMV Petrom SA the unwinding expenses for decommissioning provision are included net of the unwinding income for related state receivables. For further details see Note 18 – Financial assets. The interest expenses on pension provisions were netted against interest income on pension plan assets which amounted to EUR 5 mn (2019: EUR 8 mn). Provisions for onerous contracts included of unwinding expenses for the Gate LNG obligation and associated transportation commitments of OMV Gas Marketing & Trading GmbH. For further details see Note 23 – Provisions. Capitalized borrowings costs applied to the carrying value of qualifying assets and were mainly related to oil and gas development assets in Tunisia and Norway. (XLSX:) Download Other financial income and expense In EUR mn 2020 2019 Carrying amount of sold trade receivables (5,212) (5,771) Proceeds on sold trade receivables 5,189 5,740 Financing charges for factoring and securitization (24) (31) Net foreign exchange gains/(losses) (53) 40 Other (14) (8) Other financial income and expense (91) 1 In 2020 Net foreign exchange gains/(losses) were predominately impacted by RUB and USD. 2019 was additionally predominately impacted by NOK. The position Other was mainly related to bank charges. schließen EUR Euro schließen LNG Liquefied Natural Gas schließen RUB Russian ruble schließen USD US dollar schließen NOK Norwegian krone 10 – Personnel expenses12 – Taxes on income and profit 102-45 gri-id41:102-45
