IBERSOL | Integrated Management Report 2022
INTEGRATED MANAGEMENT REPORT 2022 The detail of other financial expenses is presented as follows: 2022 2021 Banking services 822 243 630 755 PPC commissions 281 448 445 024 OT's impairment (Nota 8.5.) 93 132 53 660 Other commissions 47 425 69 061 Other financial costs 932 364 95 297 2 176 612 1 293 797 The increase in other financial expenses is essentially due to the updating of the value of the deposits in Spain referred to in Note 5.2. Income and financial gains in 2022 and 2021 are presented as follows: Financial income and gains 2022 2021 Interest income 1 443 289 496 268 Other financial income 166 994 165 781 1 610 283 662 049 Interest earned essentially refers to interest on treasury bonds and term deposits in Angola. The detail of other financial income is presented as follows: 2022 2021 Derivatives 18 976 44 102 Other financial income 148 018 121 679 166 994 165 781 465
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