23. Financial Result and Exchange Gains/ (Losses)
|
|
Year Ended December 31, |
||||
(in thousands of $) |
|
2022 |
|
2021 |
|
2020 |
Interest income |
|
24,741 |
|
3,489 |
|
5,119 |
Net gain on cash equivalents & current financial assets held at fair value through profit or loss and cash equivalents |
|
2,924 |
|
144 |
|
1,340 |
Financial income |
|
27,665 |
|
3,633 |
|
6,459 |
|
|
|
|
|
|
|
Net loss on cash equivalents & current financial assets held at fair value through profit or loss and cash equivalents |
|
(1,713) |
|
(3,482) |
|
(7,559) |
Other financial expense |
|
(2,193) |
|
(1,096) |
|
(401) |
Financial expense |
|
(3,906) |
|
(4,578) |
|
(7,960) |
|
|
|
|
|
|
|
Realized exchange gains/(losses) |
|
(3,743) |
|
15 |
|
(443) |
Unrealized exchange gains/(losses) |
|
(28,989) |
|
(50,068) |
|
(125,791) |
Exchange gains/(losses) |
|
(32,732) |
|
(50,053) |
|
(126,234) |
The exchange losses of $32.7 million for the year ended December 31, 2022 were primarily attributable to unrealized exchange rate losses on our cash and cash equivalents and current financial assets position in EUR due to the unfavorable fluctuation of the EUR/USD exchange rate over the period.