9 Other financial result

€ million

 

2020

 

2019

 

 

 

 

 

Income from profit and loss transfer agreements

 

23

 

19

Cost of loss absorption

 

−103

 

−72

Other income from equity investments

 

91

 

178

Other expenses from equity investments

 

−433

 

−374

Income from marketable securities and loans

 

−230

 

27

Realized income of loan receivables and payables in foreign currency

 

1,097

 

877

Realized expenses of loan receivables and payables in foreign currency

 

−1,620

 

−980

Gains and losses from remeasurement and impairment of financial instruments

 

−61

 

228

Gains and losses from fair value changes of hedging instruments/derivatives not included in hedge accounting

 

1,950

 

−240

Gains and losses from fair value changes of hedging instruments/derivatives included in hedge accounting

 

20

 

0

Other financial result

 

733

 

−339

Gains and losses from changes in the fair value of hedges/derivatives to which hedge accounting is not applied relate primarily to gains on the measurement and realization of forward purchase agreements for new shares in QuantumScape Corporation in an amount of €1.4 billion. See the “Key Events” section for more information.