ANNUAL REPORT 2007 | 2008 - Gimv

12.5 Other operating income and expenses
128 | Gimv Annual Report 2007-2008 | Statutory consolidation
2007-2008 2006-2007 Change
Foreign exchange income 130 195 -65
Result from derivatives 4 741 1 406 3 335
Operating income buy-outs 28 702 1 649 27 053
Other 378 362 16
Other operating income 33 951 3 612 30 339
Other fi nancial costs -931 -1 107 176
Provisions for liabilities and charges -9 058 -4 155 -4 903
Provision for pensions -243 -1 568 1 325
Taxes and operating costs -935 -1 103 168
Foreign exchange expenses -52 -43 -9
Operating expenses buy-outs -30 142 -17 024 -13 118
Other -5 484 742 -6 226
Other operating expenses -46 845 -24 258 -22 587
Other operating result -12 894 -20 646 7 752
The other operating result rose by EUR 7 752. The operating
result of the buy-outs rose by EUR 13 935. The effect of this was
reduced by the EUR 6 183 reduction in the operating result of
the Gimv group due to increases in provisions for liabilities and
charges and other operating charges.
13. FINANCIAL RESULT (IN EUR 000)
2007-2008 2006-2007 Change
Financial income 21 820 20 035 1 785
Financial cost -21 910 -6 138 -15 772
Financial result -90 13 896 -13 986
The fi nancial result reduced by EUR 13 986, owing mainly to a
EUR 15 772 increase in fi nancial costs. The fi nancial costs of
the buy-outs, for which the Gimv group has no liability whatsoever,
rose by EUR 7 045.
The fi nancial costs of the Gimv group rose by EUR 8 727, mainly
as a result of a valuation allowance of EUR 8 945 on fi nancial
derivatives.