8 Interest result

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€ million

 

2017

 

20161

1

Prior-year figures adjusted.

 

 

 

 

 

Interest income

 

951

 

1,285

Other interest and similar income

 

839

 

915

Income from valuation of interest derivatives

 

113

 

370

Interest expenses

 

−2,317

 

−2,955

Other interest and similar expenses

 

−1,305

 

−1,400

Expenses from valuation of interest derivatives

 

−368

 

−448

Interest cost included in lease payments

 

−29

 

−29

Interest result on other liabilities

 

−13

 

−347

Net interest on the net defined benefit liability

 

−602

 

−731

Interest result

 

−1,366

 

−1,670

To enhance comparability, the structure within the financial result has been changed. The presentation of finance costs has been replaced with the interest result. The new structure has led to changes in various items in the financial result. Specifically, the realized expenses from loan receivables and liabilities in foreign currency reported in the finance cost item in previous years have been reclassified to other financial result. In addition, income and expenses from the measurement and realization of interest rate risk, which were previously reported in income and expenses from fair value changes relating to hedging transactions within hedge accounting are now presented in the interest result. The prior-year figures for other financial result have been adjusted accordingly by an amount of €1.6 billion.