INTERNATIONAL FEDERATION OF RED CROSS AND RED CRESCENT SOCIETIES, GENEVA NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Page 39
Public
4. MANAGEMENT OF FUNDS 4.1 Net finance (expense) / income Restricted Unrestricted Total 2022 CHF 000s CHF 000s CHF 000s Interest income on bank deposits
-
9
9
Dividend income on global equity fund
-
1,078
1,078
Interest income on global bond fund
-
1,461
1,461
Net foreign exchange losses on revaluations of assets &
liabilities
( 203)
386
183
Gains on disposal: global equity fund and global bond fund
-
21
21
Finance income
( 203)
2,955
2,752
Losses on disposal: global equity fund and global bond fund
-
( 32)
( 32)
Net change in fair value of financial assets at fair value
through profit or loss
-
( 22,558)
( 22,558)
Net realised losses from cash flow hedge
-
( 37)
( 37)
Finance expense
-
( 22,627)
( 22,627)
Net finance expense ( 203)
( 19,672)
( 19,875)
2021 Interest income on bank deposits
-
7
7
Dividend income on global equity fund
-
695
695
Interest income on global bond fund
-
1,750
1,750
Gains on disposal: global equity fund and global bond fund
-
255
255
Net change in fair value of financial assets at fair value
through profit or loss
-
8,314
8,314
Finance income
-
11,021
11,021
Net foreign exchange losses on revaluations of assets &
liabilities
( 618)
135
( 483)
Losses on disposal: global equity fund and global bond fund
-
( 152)
( 152)
Net change in fair value of financial assets at fair value
through profit or loss
-
( 5,127)
( 5,127)
Net realised losses from cash flow hedge
-
151
151
Finance expense
( 618)
( 4,993)
( 5,611)
