9. Other financial result
€ million |
|
2025 |
|
2024 |
|---|---|---|---|---|
|
|
|
|
|
Income from profit and loss transfer agreements |
|
30 |
|
35 |
Cost of loss absorption |
|
−73 |
|
−205 |
Other income from equity investments |
|
676 |
|
224 |
Other expenses from equity investments |
|
−451 |
|
−1,041 |
Gains and losses from marketable securities and loans |
|
1,438 |
|
810 |
Realized income of loan receivables and payables in foreign currency |
|
820 |
|
1,310 |
Realized expenses of loan receivables and payables in foreign currency |
|
−752 |
|
−1,030 |
Gains and losses from remeasurement and impairment of financial instruments |
|
371 |
|
−1,688 |
Gains and losses from fair value changes of hedging instruments/derivatives |
|
−1,130 |
|
−17 |
Other financial result |
|
930 |
|
−1,602 |
Gains and losses from the remeasurement and impairment of financial instruments are primarily attributable to the measurement of loan receivables and payables and to cash and cash equivalents in foreign currency.
In fiscal year 2025, gains and losses from fair value changes of hedging instruments/derivatives include, among other items, losses on the measurement of the options in connection with the acquisition of Europcar in an amount of €0.5 billion.