Notes to the Income Statement
(22) Interest income
Interest income from cash collateral provided and from lending and money market transactions is presented after deduction of negative interest in the total amount of EUR 2.9 million (EUR 3.7 million) (reducing income). Interest income includes the pro rata utilisation of the corresponding provisions for special promotional loans in the amount of EUR 48.9 million (EUR 52.6 million).
(23) Interest expenses
Interest expenses are presented after deduction of positive interest from money market liabilities and cash collateral received in the total amount of EUR 0.0 million (EUR 0.3 million) (reducing expenses).
Interest expenses for the recognition of provisions for the interest subsidy for special promotional loans amounted to EUR 32.6 million in 2024 (EUR 29.1 million).
(24) Other operating income
Presentation of the most important sub-items according to Section 35 (1) No. 4 RechKredV:
| Other operating income | 31/12/2024 mEUR |
31/12/2023 mEUR |
| Rental income / cost allocations from residential buildings and properties | 2 | 2 |
| Income from reversal of provisions | 3 | 1 |
| Capitalisation of project work contributed by internal employees | 3 | 3 |
| Other reimbursements | 8 | 8 |
| Other income | 1 | 1 |
| Total | 17 | 15 |
Other operating income includes currency translation gains of EUR 8.1 thousand (EUR 0.9 thousand). This currency translation item resulted exclusively from the currency valuation of balances in foreign currency accounts with correspondent banks in foreign countries
(25) Other operating expenses
Presentation of the most important items according to Section 35 (1) No. 4 RechKredV:
| Other operating expenses | 31/12/2024 mEUR |
31/12/2023 mEUR |
| Interest expenses from the valuation of pension provisions | 1 | 1 |
| Capital allocation research for innovation in agribusiness | 3 | 7 |
| Expenses for residential properties | 0 | 0 |
| Other expenses | 1 | 0 |
| Total | 5 | 8 |
The Other operating expenses include currency translation losses of EUR 13.5 thousand (EUR 4.3 thousand). This currency translation item resulted exclusively from the currency valuation of balances in foreign currency accounts with correspondent banks in foreign countries.