Financial income and expenses
x € 1 million | 2019 | 2018 |
|---|---|---|
Interest income | -1 | -10 |
Interest expense | 67 | 82 |
Interest expense lease | 1 | - |
Total | 67 | 72 |
The financial income and expenses in 2019 amounted to € 67 million (2018: € 72 million). The financial expenses relate mainly to the interest expense for external financing. In addition, interest was capitalised in 2019 on the assets under construction for an amount of € 3 million (2018: € 3 million).
The interest income of € 10 million in 2018 was non-recurring and relates to the interest received in 2018 in connection with a settlement with the municipality of Rotterdam for the 'Verlegregeling bij de Leidingverordening Rotterdam'.
