Expenses from other financial instruments and land and buildings

(€ million)  31.12.2012 31.12.2011
Interest expense 1,373 1,295
Interest expense on subordinated liabilities 443 417
Interest expense on loans, bonds and other payables 641 599
Interest expense on deposits received from reinsurers 27 35
Other interest ex pense 261 243
Other expenses 440 414
Depreciation of land and buildings (investment properties) 177 178
Expenses from land and buildings (investment properties) 263 236
Realized losses 2,555 2,367
Realized losses on land and buildings (investment properties) 16 15
Realized losses on held to maturity investments 0 0
Realized losses on loans and receivables 185 87
Realized losses on available for sale financial assets 2,348 2,247
Realized losses on other receivables 4 8
Realized losses on financial liabilities at amortized cost 1 9
Impairment losses 3,211 3,605
Impairment of land and buildings (investment properties) 150 38
Impairment on held to maturity investments 1 5
Impairment of loans and receivables 344 480
Impairment of available for sale financial assets 2,592 3,007
Impairment of other receivables 123 76
Total 7,578 7,681