21 Other Financial Result
Other Financial Result
in € million | 2020 | 2021 | |||
Result from currency translation | 4.8 | – | |||
Income from other investments | 13.4 | 27.7 | |||
Transaction costs | -18.9 | -119.2 | |||
Purchase price liabilities from put options/rights to reimbursement | -31.4 | -40.6 | |||
Miscellaneous other financial result | -0.5 | -5.0 | |||
-32.6 | -137.1 | ||||
The currency effects relate primarily to the financial 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 € 10.5 million (2020: € 9.3 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 € 15.7 million (2020: € 2.4 million).
The transaction costs mainly relate to expenses in connection with the voluntary public takeover offers to the shareholders of Deutsche Wohnen SE, Berlin.