3 Financial income and financial expense

In CHF million	1.1.–30.9.2016	1.1.–30.9.2015
Interest income	11	7
Interest expense	(123)	(154)
Net interest expense on financial assets and financial liabilities	(112)	(147)
Foreign exchange gains (foreign exchange losses)	2	(34)
Change in fair value of interest rate swaps	(39)	(10)
Income from early repayment of financial liabilities	3	6
Gain from sale of subsidiaries	–	19
Other financial income and expense, net	(35)	(28)
Financial income and financial expense, net	(181)	(194)