F.23. Expenses from other financial instruments and investment properties

(CZK million)	2016	2015
Interest expense	920	1,205
Interest expense on loans, bonds and other payables	911	1,195
of which: Interest expenses on financial liabilities at amortised cost related to investment contracts	833	1,128
Interest expense on deposits received from reinsurers	9	10
Expense - other	163	173
Expenses from investment properties	163	173
Realised losses	297	235
Realised losses on available for sale financial assets	297	220
Realised losses on other receivables	–	15
Unrealised losses	37	42
Unrealised losses on hedged instruments	37	42
Impairment losses	339	402
Impairment of investment properties	–	12
Impairment of loans and receivables	9	52
Impairment of available for sale financial assets	327	338
Impairment of other receivables	3	–
Total	1,756	2,057

XLS

Expenses arising from investment property that generated rental income amounted to CZK 13 million (2015: CZK 13 million) and consist mainly of maintenance, repairs and other services.

Expenses arising from investment property that did not generate rental income amounted to CZK 70 million (2015: CZK 50 million) and consist mainly of utilities, management fees and other administration expenses.

Unrealised losses from the revaluation of investment property amounting to CZK 80 million (2015: CZK 110 million) are the remaining part of expenses arising from investment property.

Of which relates to the Transformed fund

(CZK million)	2016	2015
Interest expense	833	1,128
Interest expense on loans, bonds and other payables	833	1,128
of which Interest expenses on financial liabilities at amortised cost related to investment contracts	833	1,128
Realised losses	1	75
Realised losses on available for sale financial assets	1	75
Impairment losses	21	–
Impairment of available for sale financial assets	21	–
Total	855	1,203

XLS