Financial statements 2009

4. Notes to the income statements

4. Notes to the income statements

4.1 Financial income

4.1 Financial income
In CHF'000 2009 2008
Dividends received from Group subsidiaries 37 730 46 700
Interest income third parties 163 411
Interest on loans to Group subsidiaries 24 045 26 810
Other financial income 1 062
     
  61 938 74 983

2008 other financial income relates to a payment received from Lufthansa in connection with the Swiss shares.

4.2 Gain on sale of investment

Kudelski SA sold 100% of Nagra Trading SA to another Group company in 2009. This transaction resulted in a gain of kCHF 8 335.

4.3 Administrative and other expenses

4.3 Administrative and other expenses
In CHF'000 2009 2008
Administrative expenses -3 609 -4 098
Taxes other than income tax -1 633 -1 603
     
  -5 242 -5 701

4.4 Financial expenses and exchange results

4.4 Financial expenses and exchange results
In CHF'000 2009 2008
Net currency exchange result -1 546 -4 020
Interest on loans from Group subsidiaries -8 823 -9 270
Interest expenses and bank charges -1 175 -283
     
  -11 544 -13 573

4.5 Impairment of financial fixed assets

4.5 Impairment of financial fixed assets
In CHF'000 2009 2008
Allocation to provisions on Group investments and loans -10 790 -7 080
Value adjustment on treasury shares 155 -155
     
  -10 635 -7 235