15 Other Financial Result
Other Financial Result
in € million | Jan. 1–Jun. 30, 2023 | Jan. 1–Jun. 30, 2024 | |||
Income from other investments | 19.7 | 24.5 | |||
Transaction costs | -0.5 | -0.4 | |||
Purchase price liabilities from put options/rights to | 18.7 | -2.0 | |||
Result from derivative valuation in connection with | – | 63.0 | |||
Result from currency translation | – | -0.3 | |||
Miscellaneous other financial result | -2.4 | -0.1 | |||
35.5 | 84.7 | ||||
Net income from the valuation of derivatives in connection with equity instruments resulted from the subsequent measurement of the long-term call options that Vonovia received as part of the sale of two minority stakes in the Südewo portfolio and the northern Germany portfolio.
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 € 19.4 million (H1 2023: € 14.5 million) for the previous fiscal year in each case.