Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Finance Income

v3.24.0.1
Finance Income
12 Months Ended
Dec. 31, 2023
Disclosure of Finance Income [Abstract]  
Finance income

11. Finance income

Finance income are as follows:

 

 

 

For the years ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(EUR thousand)

 

Interest income from banks deposits

 

 

792

 

 

 

648

 

 

 

538

 

Income from financial discounts

 

 

18

 

 

 

8

 

 

 

18

 

Interest income on loans to associates

 

 

 

 

 

 

 

 

10

 

Other financial income

 

 

180

 

 

 

96

 

 

 

57

 

Gain from the sale of an associate

 

 

 

 

 

 

 

 

12,258

 

Foreign currency exchange rate gains

 

 

13,487

 

 

 

19,995

 

 

 

7,588

 

Derivatives revaluation

 

 

5,703

 

 

 

3,551

 

 

 

950

 

Other fair value adjustments

 

 

70

 

 

 

752

 

 

 

290

 

Total finance income

 

 

20,250

 

 

 

25,050

 

 

 

21,709

 

For the year ended December 31, 2021 the Group realized a gain of EUR 12,258 thousand from the sale of the entire share capital of Swissfillon AG, in which the sub holding Stevanato Group International held 26.94% of the share capital.