Note 17 – Income from financial items
| Group | Parent Company | |||
| SEK m | 2016 | 2015 | 2016 | 2015 |
| Financial income | ||||
| Interest income, external investments | 1 | 2 | 1 | 1 |
| Interest income, Group companies | – | – | 24 | 31 |
| Total financial income | 1 | 2 | 25 | 32 |
| Financial expenses | ||||
| Interest expenses, external loans | -7 | -8 | -6 | -7 |
| Interest expenses, pensions | -6 | -5 | -5 | -4 |
| Interest expenses, Group companies | – | – | 0 | 0 |
| Interest expenses, interest rate swaps | -3 | -2 | -3 | -2 |
| Change in fair value, currency forwards | -4 | -17 | -5 | -9 |
| Other financial expenses | -2 | -1 | -2 | -3 |
| Total financial expenses | -23 | -33 | -22 | -25 |
The interest portion in the year’s expenses is reported among interest expenses. The rate of interest used in the Parent Company is 4.0% (2015: 3.7%) set by PRI, calculated on the average of opening and closing balances on the item “Pension provisions”.
Other financial income and expenses include reported bank charges as well as exchange rate effects on financial loans and investments. Since Duni is primarily a borrower, the entire effect is reported among interest expenses.