Service
General
Information
 
Last Update: 03/12/2009
previous pageend of pagenext page
Part of the audited Consolidated Financial Statements and Management´s Analysis

5 -- Other operating income

  Download (Download XLS xls, 17 kB)

Million €

2008

2007

Reversal and adjustment of provisions

209

152

Revenue from miscellaneous revenue-generating activities

178

150

Income from foreign currency and hedging transactions

433

222

Income from the translation of financial statements
in foreign currencies

24

27

Gains from disposal of property, plant and equipment
and divestitures

70

105

Gains on the reversal of allowances for doubtful
trade receivables

30

39

Other

360

358

 

1,304

1,053

The reversal and adjustment of provisions primarily related to risks arising from shutdown and restructuring costs, employee obligations, risks from sales as well as from various other items as part of the normal course of business. Provisions were reversed or adjusted if the circumstances on the balance sheet date changed.

Revenue from miscellaneous revenue-generating activities primarily represents income from rentals and logistics services.

Income from foreign currency and hedging transactions related to foreign currency transactions, the measurement of receivables and payables in foreign currencies and currency derivatives as well as other hedging transactions with market values.

Income from the translation of financial statements in foreign currencies included gains arising from the use of the temporal method.

In 2008, gains on the disposal of property, plant and equipment and divestitures resulted from the sale of the site in Shreveport, Louisiana, and the continuation of the divestiture of the premix business.

Gains in the reversal of allowances for doubtful trade receivables resulted chiefly from the repayment of written down receivables in the Agricultural Solutions segment.

Other gains comprises refunds and settlements; write-ups on property, plant and equipment; gains from precious metal trading and miscellaneous sales as well as a number of other items.

previous pageto topnext page