8 Interest Income
|
June 30, 2024 |
June 30, 2023 |
|
|
Interest on loans measured at AC |
218,996 |
212,313 |
|
Interest on collateral delivered |
6,633 |
5,937 |
|
Interest income related to banks |
15,322 |
7,394 |
|
Interest on interest-bearing securities |
4,768 |
3,159 |
|
Total interest income from financial instruments measured at AC |
245,719 |
228,803 |
|
Interest on loans measured at FVPL |
26,239 |
22,465 |
|
Interest on short-term deposits |
10,665 |
12,758 |
|
Interest on interest bearing securities at FVPL |
990 |
- |
|
Interest on derivatives related to asset portfolio |
-13,275 |
-7,307 |
|
Total interest income from financial instruments measured at FVPL |
24,619 |
27,916 |
|
Total interest income |
270,338 |
256,719 |
Interest income increased during the current financial period due to increases in interest rates on FMO's variable rate loan portfolio. This is driven by increases in the reference rates observed in the market.