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3 Financial income and financial expense


In CHF million
  1st half-year
2017
  1st half-year
2016
Interest income   6   8
Interest expense   (79)   (89)
Net interest expense on financial assets and financial liabilities   (73)   (81)
Foreign exchange gains (foreign exchange losses)   (10)   1
Change in fair value of interest rate swaps   2   (42)
Other financial income and expense, net   (17)   (23)
Financial income and financial expense, net   (98)   (145)