+1 - Solvay

Income and expenses on these financial instruments break down as follows:
EUR Million 2006 2007
Recognized in the income statement
Interest on cash and cash equivalents 28 23
Interest on loans and receivables 3 6
Income on available-for-sale financial assets 19 61
Net gain on disposal of available-for-sale financial assets transferred from equity 75 73
Changes in the fair value of financial assets held for trading -1 17
Changes in the fair value of cash flow hedges transferred from equity 4 0
Ineffective portion of the changes in fair value of cash flow hedges 0 0
Interest expense on financial liabilities measured at amortized cost -111 -106
Total 18 74
Recognized directly in equity
Net change in the fair value of available-for-sale financial assets 103 -293
Net change in available-for-sale financial assets transferred to the income statement -75 -73
Effective portion of changes in fair value of cash flow hedge -1 7
Changes in the fair value of cash flow hedges transferred to the income statement -4 0
Total 24 -359
104
Conventionally, (+) indicates an increase and (-) a reduction in equity.
Income from available-for-sale financial assets is EUR 42 million higher in 2007 than in 2006. This reflects
mainly the earnings generated by the sale of subscription rights received in the capital increase of Fortis S.A.
(EUR 37 million).
In 2007 the net gain on the disposal of available-for-sale assets is linked to the sale of Sofina shares. For 2006, this
amount represents the capital gain of EUR 75 million on the sale of 49.6 % of the shares of Financière Keyenveld S.A.
(31) Commitments to acquire tangible and intangible assets
EUR Million 2006 2007
Commitments for the acquisition of tangible and intangible assets 8 94
of which: Joint ventures 1 19
The increase reflects the completion of major new investment projects.
Solvay Global Annual Report 2007