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) |