6. Net interest income

 

 
  Year ended 31 December
  2014 2013
Interest income
Loans and advances including the unwind of the impairment provision discount 2 833 184 2 841 195
Investment securities 836 567 884 205
Cash and short-term placements 73 327 78 807
Trading debt securities 47 882 43 693
Interest income on derivatives classified into banking book 138 097 88 583
Interest income on derivatives concluded under the fair value hedge 18 429 181
Interest income on derivatives concluded under the cash flow hedge 1 400 -
Other 7 368 13 307
Total interest income 3 956 254 3 949 971
     
Interest expense    
Arising from amounts due to banks (190 634) (256 936)
Arising from amounts due to customers (892 120) (1 133 931)
Arising from issue of debt securities (229 293) (191 965)
Arising from subordinated liabilities (77 254) (64 101)
Other (76 295) (77 227)
Total interest expense (1 465 596) (1 724 160)
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Interest income related to impaired financial assets amounted to PLN 159 113 thousand (for the period ended 31 December 2013: PLN 178 515 thousand).

Net interest income per client groups is as follows:

 

 
  Year ended 31 December
  2014 2013
Interest income
From banking sector 404 700 444 185
From clients, including: 3 551 554 3 505 786
- corporate clients 1 154 100 1 207 644
- individual clients 1 607 090 1 524 418
- public sector 790 364 773 724
Total interest income 3 956 254 3 949 971
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Interest expense    
From banking sector (251 492) (296 768)
From clients, including: (967 818) (1 275 478)
- corporate clients (410 506) (516 520)
- individual clients (463 685) (673 439)
- public sector (93 627) (85 519)
From debt securities in issue (246 286) (151 914)
Total interest expense (1 465 596) (1 724 160)
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