Notes to the Financial Statements Hilti Corporation (15) Financial revenues in CHF million 2018 2017 Recovery of depreciation on financial assets 5.2 – Financial investment revenues from third parties 1.7 2.1 Financial investment revenues from Group companies 166.1 139.9 Total revenues from financial investments 167.8 142.0 Revenues from cash and marketable securities invested with third parties – – Revenues from cash and marketable securities invested with Group companies – – Total revenues from cash and marketable securities – – Total financial revenues 173.0 142.0 (16) Financial expenses in CHF million 2018 2017 Depreciation on financial assets – (4.5) Interest and similar expenses incurred to third parties (5.4) (17.9) Interest and similar expenses incurred to group companies (3.2) (3.6) Total interest and similar expenses (8.6) (21.5) Operating currency and hedge gains/(losses) (23.8) (10.5) Total financial expenses (32.4) (36.5) (17) Tax expense For income tax purposes, dividends received are tax-exempt. 2018 Financial Report | 89