13. Non-operating result

The non-operating result for 2007 was minus €920 million (2006: minus €782 million), comprising an equity-method loss of €45 million (2006: €25 million), non-operating expenses of €1,709 million (2006: €1,688 million) and non-operating income of €834 million (2006: €931 million). Details on the individual categories of the non-operating result are provided below.

13.1. Income (loss) from investments in affiliated companies

This comprised the following:

	2006	2007
€ million
Net loss from investments in associates (equity-method loss)	(25)	(45)
Expenses
Write-downs of investments in affiliated companies	(20)	(27)
Losses from the sale of investments in affiliated companies	(12)	-
Income
Dividends from affiliated companies and income from profit and loss transfer agreements (net)	5	-
Gains from the sale of investments in affiliated companies	259	3
Total	207	(69)

The income from investments in affiliated companies mainly comprised an equity-method loss of €48 million (2006: €55 million) from two production joint ventures with Lyondell. In 2006, this item also included equity-method income of €28 million received from GE Bayer Silicones prior to its divestiture, which itself contributed €236 million to income from investments in affiliated companies in that year.

Further details of the companies included at equity in the consolidated financial statements are given in Note [19] .

13.2. Interest expense

This comprised the following:

	2006	2007
€ million
Expenses
Interest and similar expenses	(1,075)	(1,320)
Interest expense for derivatives (held for sale)	(306)	(107)
Income
Other interest and similar income	394	612
Interest income from derivatives (held for sale)	259	114
Total	(728)	(701)

This item includes interest expense of €32 million (2006: €45 million) relating to non-financial liabilities and interest income of €1 million (2006: €16 million) from non-financial assets.

The portion of net income or loss attributable to minority stockholders to whom the company has a repayment obligation out of total assets is reflected in net interest expense. In this context income of €2 million was recorded as interest expense for the year under report (2006: €26 million interest income).

13.3. Other non-operating expense

Other non-operating income and expense comprised the following:

	2006	2007
€ million
Expenses
Interest portion of interest-bearing provisions	(223)	(246)
Exchange loss	(18)	-
Miscellaneous non-operating expenses	(34)	(9)
Income
Exchange gain	-	88
Miscellaneous non-operating income	14	17
Total	(261)	(150)