8 Financial result

In CHF million	Note	2024	2023
Financial income
Interest income		72	57
Net income from equity instruments		20	10
Other financial income		7	–
Total financial income		99	67

Financial expenses
Interest expenses		16	12
Interest expenses on lease liabilities	18	20	13
Net interest on employee benefits	6	8	8
Increase in present value of provisions	20	10	7
Net losses on foreign exchange		4	10
Other financial expenses		29	30
Total financial expenses		87	80

Financial result		12	–13

Other financial expenses mainly comprise bank charges and financial transaction costs. Interest income and Interest expenses relate predominantly to financial instruments measured at amortized cost.