Annual Report and Financial Statements 2007 - Finnlines

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12. FINANCIAL INCOME AND EXPENSES
EUR 1 000 2007 2006
Dividend income, investments available-for-sale 16 4
Profi t earned from the sale of available-for-sale assets 145
Debts carried at amortised cost, valuation (gain) 168
Derivative valuation at fair value (gain)
Currency derivatives, non hedge accounting
Interest income
822
Bank deposits 867 951
Loans and accounts receivable 275 585
Currency derivatives, non hedge accounting
Exchange rate gains
248 477
Currency derivatives, non hedge accounting 321 546
Other exchange rate gains 2 347 8 197
Other fi nancial income 49 24
Total fi nancial income 5 258 10 784
Interest expenses
Borrowings measured at amortised cost -26 325 -10 454
Interest rate swaps, non hedge accounting -78
Currency derivatives, non hedge accounting
Derivative valuation at fair value (loss)
-61 -117
Interest rate swaps, non hedge accounting
Exchange rate losses
-249
Loans carried at amortised cost -480 -619
Currency derivatives, non hedge accounting -3 996 -2 486
Other exchange rate losses -1 288 -6 688
Other fi nancial expenses -1 479 -1 193
Total fi nancial expenses -33 956 -21 557
Net fi nancial expenses -28 698 -10 773
Operating profi t includes EUR -0.04 million of exchange rate loss in 2007 (0.08 million gain in 2006).
13. INCOME TAXES
CONTINUING OPERATIONS
EUR 1 000 2007 2006
Tax on taxable income of the reporting period -1 340 -1 289
Tax from previous periods -19 -9
Change in deferred taxes -5 705 -8 691
Change in tax provision (liabilities) 1 339
Taxes in profi t and loss account, expense (-) -5 725 -9 989