EXEL industries - 2019 Universal Registration Document
Separate fi nancial statements 5
Notes to the parent company fi nancial statements
18.
Net fi nancial income/(expense)
Separate fi nancial statements (in € thousands)
09/30/2018
09/30/2019
Financial income from equity interests
27,820
28,145
Other interest and similar income
9,703
8,133
Reserves written back to income
392
3,204
Foreign exchange gains
2,599
2,237
Net income on sales of short-term investments
25
17
TOTAL INCOME
40,539
41,736
Increases in provisions
(922)
(2,472)
Interest
(2,799)
(2,823)
Foreign exchange losses
(2,623)
(5,883)
Net expense on sales of short-term investments
-
-
TOTAL EXPENSES
(6,344)
(11,178)
NET FINANCIAL INCOME/(EXPENSE)
34,195)
30,558
Changes in balances of cash and cash equivalents with a ffi liates break down as follows:
09/30/2018
09/30/2019
(in € thousands)
Financial income
37,523
36,277
Financial expenses
508
502
19.
Net exceptional income/(loss)
Separate fi nancial statements (in € thousands)
09/30/2018
09/30/2019
Application of a “better fortunes” ( fi nancial recovery) clause
188
215
Disposal price of decommissioned assets
-
-
Reversal of provisions/proceeds from the sale of fi xed assets
-
-
Reversal of provisions for subsidiary contingencies
-
-
Other misc. items
23
27
TOTAL INCOME
211
242
Debt waivers granted to subsidiaries
(11,772)
-
NAV of deactivated assets
-
-
Allowances for subsidiary contingencies
(444)
-
Net allowances for depreciation and amortization/restructuring
(24,193)
Allowances for tax-driven provisions (accelerated tax depreciation)
(101)
(105)
Other misc. items
(55)
(1)
TOTAL EXPENSES
(36,565)
(106)
NET EXCEPTIONAL INCOME/(LOSS)
(36,354)
136
EXEL Industries Group I 2019 Universal Registration Document
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