21 Other Financial Result
Other Financial Result
in € million | 2022 (adjusted) | 2023 | |||
Income from other investments | 21.2 | 22.1 | |||
Transaction costs | -1.4 | -3.6 | |||
Purchase price liabilities from put options/rights to reimbursement | -9.3 | 37.9 | |||
Result from derivative valuation in connection with equity instruments | – | 90.0 | |||
Miscellaneous other financial result | -0.2 | 3.3 | |||
10.3 | 149.7 | ||||
The income from investments includes financial income resulting from the deferred collection of profits from the investments in AVW GmbH & Co. KG, Hamburg, in the amount of € 14.4 million (2022: € 11.7 million) and WoWi Media GmbH & Co. KG, Hamburg, in the amount of € 1.1 million (2022: € 1.1 million), both in connection with housing-related services in the Value-add segment.
It also comprises financial income from investments in other residential real estate companies in the amount of € 5.8 million (2022: € 7.9 million).
Net income from the valuation of derivatives in connection with equity instruments can be attributed to the valuation of a call option that Vonovia received as part of the sale of a minority stake in the Südewo portfolio.