44 Other interest expenses
Other interest expenses mainly consist of interest in connection with the insurance operations, including interest on the perpetual subordinated loans.
Other interest expenses includes EUR 7 million and EUR 92 million dividends paid on preference shares and trust preferred securities (2006: EUR 10 million and EUR 101 million; 2005: EUR 14 million and EUR 111 million).
Total interest income and total interest expense for items not valued at fair value through profit and loss for 2007 were EUR 46,900 million (2006: EUR 41,281 million; 2005: EUR 35,632 million) and EUR 31,173 million (2006: EUR 27,014 million; 2005: EUR 20,888 million) respectively. Net interest income of EUR 16,658 million is presented in the following profit and loss captions.
Net interest income
| 2007 | 2006 | 2005 | |
|---|---|---|---|
| Interest result bank 34 | 8,976 | 9,192 | 9,067 |
| Investment income – insurance 36 | 8,784 | 8,756 | 8,340 |
| Interest expense | –1,102 | –1,016 | –969 |
| 16,658 | 16,932 | 16,438 |