ÖBB Annual Report 2023

295 Consolidated Financial Statements Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 77 Offsetting of financial instruments In accordance with the regulations of IFRS 7.13C, offsetting and potential offsetting amounts actually implemented in the statement of financial position are to be disclosed. As there are no agreements regarding actual netting, the following tables only show the potential offsetting amounts from electric power derivatives based on netting agreements and other agreements with contractual partners. As of Dec 31, 2023 in EUR million Gross carrying amount reported Potential offset amount not reported in the financial statement Net amount after potential offsetting Power derivative assets 64.2 -20.6 43.6 Power derivative liabilities -79.3 20.6 -58.7 As of Dec 31, 2022 in EUR million Gross carrying amount reported Potential offset amount not reported in the financial statement Net amount after potential offsetting Power derivative assets 223.1 -59.7 163.4 Power derivative liabilities -186.3 59.7 -126.6 Notes to the Consolidated Income Statement and Consolidated Statement of Financial Position The interest results that are not derived from financial instruments according to the categories of IFRS 9 are composed primarily of the compounding of other provisions. Net financial results by measurement categories The net result subdivided into measurement categories is as follows: Result of subsequent measurement Dec 31, 2023 in EUR million Interest income / expenses Foreign Currency Translation Result from impairment Result from investments Financial Assets measured at Amortised Cost (FAAC) 21.3 6.9 0.1 0.0 FVtPL (equity instruments) 0.0 0.0 -0.6 2.2 Financial Liabilities measured at Amortised Cost (FLAC) *) -407.1 -2.9 0.0 0.0 *) Interest expenses include negative interest from loans amounting to approx. EUR 9.7 million. Result of subsequent measurement Dec 31, 2022 in EUR million Interest income / expenses At fair value Foreign Currency Translation Result from impairment Result from disposal Result from investments Financial Assets measured at Amortised Cost (FAAC) 22.7 0.0 -4.0 0.0 0.5 0.0 FVtPL (equity instruments) 0.0 0.2 0.0 -0.3 0.0 0.2 Financial Liabilities measured at Amortised Cost (FLAC) *) -427.3 0.0 -8.3 0.0 -2.2 0.0 *) Interest expenses include negative interest from loans amounting to approx. EUR 0.4 million. Net interest income from financial liabilities in the measurement category “Financial liabilities measured at amortized cost” mainly includes net interest expense of approx. EUR 407.1 million (py: approx. EUR 427.3 million) from bonds and loans. Furthermore, interest income from the compounding and discounting of trade payables is subsumed under this classification. The net financial result does not include expenses from value adjustments of receivables expenses. 29.6. Derivative financial instruments The following table shows the reported fair values of all derivative financial instruments. They are divided into those that are part of an effective hedging relationship in accordance with IFRS 9 (cash flow hedge) and those that are not.