E7. Financial income and expenses

Financial income and expenses

SEKm

2016

2015

2014

Results from shares and participations in other companies

 

 

 

Dividend

2

80

83

Interest income and similar profit items

 

 

 

Interest income, investments

115

73

132

Other financial income

15

52

2

Total financial income

132

205

217

 

 

 

 

Interest expenses and similar loss items

 

 

 

Interest expenses, borrowing

–842

–1,073

–1,280

Interest expenses, derivatives

–92

7

208

Fair value hedges, unrealized

24

9

–33

Other financial expenses

–141

–103

–73

Total financial expenses

–1,051

–1,160

–1,178

Total

–919

–955

–961

Other financial income and expenses include an exchange difference of SEK 15m (52; 2).

Sensitivity analysis

If interest rate levels had been 1 percentage point higher/lower, with unchanged fixed-interest terms and volumes in the net debt, interest expenses for the period would have been SEK 103m (66; 108) higher/lower. Sensitivity analysis calculations have been performed on the risk to which SCA was exposed at December 31, 2016 using assumptions on market movements that are regarded as reasonably possible in one year’s time. For a description of how SCA manages its interest rate risk, refer to chapter Risk and risk management of the Board of Directors’ Report.