Annual Report 2019

21 Other Financial Result

in € million

2018

2019

 

 

 

Result from currency translation

-12.0

37.2

Income from other investments

23.1

11.8

Transaction costs

-14.2

-22.9

Purchase price liabilities from put options/rights to reimbursement

1.1

-2.1

Miscellaneous other financial result

 

-2.0

24.0

 

 

 

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.