Annual Report 2019

21 Other Financial Result

in € million






Result from currency translation



Income from other investments



Transaction costs



Purchase price liabilities from put options/rights to reimbursement



Miscellaneous other financial result







The currency effects relate primarily to the financing relationships with Swedish subsidiaries.

The income from investments includes financial income resulting from the collection of profits from the investment in AVW GmbH & Co. KG, Hamburg, in the amount of € 8.2 million (2018: € 7.6 million) for the previous fiscal year in each case.

It also comprises financial income from investments in other residential real estate companies in the amount of € 1.7 million (2018: € 14.0 million). Due to the sale of the shares in Deutsche Wohnen SE with effect from February 1, 2019 there is no longer any corresponding income from this investment in the reporting year to match the dividend of € 13.5 million received in the previous year.