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13 Financial income and expenses
MEUR 2013 2012
Financial income
Dividend income on available-for-sale investments 0 0
Interest income from loans and receivables 2 3
Other financial income 0 0
2 3
Financial expenses
Interest expenses for financial liabilities at amortized cost -78 -84
Interest rate derivatives, hedge accounted 0 0
Interest rate derivatives, non-hedge accounted 5 4
Other financial expenses -8 -7
-81 -87
Exchange rate and fair value gains and losses
Loans and receivables 26 0
Other -7 -6
Foreign exchange derivatives, non-hedge accounted -11 -1
8 -7
Financial cost - net -71 -91
Net gains/losses on financial instruments included in operating profit
MEUR 2013 2012
Foreign exchange rate and oil derivative financial instruments designated as cash flow hedges 24 -108
Non-hedge accounted foreign exchange rate, commodity derivative instruments 14 -27
38 -135
Net gains/losses include realized and unrealized gains and losses on derivative financial instruments. Financial instruments held for trading purposes include also the net result of physical trading transactions for those contracts that meet the criteria specified in IAS 39.5–6. Non-hedge accounted derivative financial instruments include net result of transactions entered into for hedging purposes amounting to EUR 11 million (2012: EUR –32 million), and transactions entered into for trading purposes amounting to EUR 3 million (2012: EUR 5 million).
Aggregate exchange differences charged/credited to the income statement
MEUR 2013 2012
Revenue -4 8
Materials and services 20 -2
16 6