In 2010, the negative impact on income from operations from special items was considerably less than in the previous year: €377 million, compared with €1,175 million in 2009. The decline in special items was mainly a result of lower costs for the integration of Ciba, which amounted to just €79 million in 2010 compared with €718 million in 2009. In 2010, the Cognis integration resulted in special charges of €77 million.
At €100 million, special charges related to restructuring measures were also considerably lower than in the previous year (2009: €366 million).
The divestiture of various businesses resulted in special income of €31 million (2009: charge of €1 million).
Other items resulted in special charges of €146 million. These include valuation adjustments of €96 million on oil and gas concessions in the British and Norwegian North Sea.
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|
Special items (million €) |
| |
|---|---|---|
|
|
2010 |
2009 |
|
Integration costs |
(162) |
(723) |
|
Restructuring measures |
(100) |
(366) |
|
Divestitures |
31 |
(1) |
|
Other charges and income |
(146) |
(85) |
|
|
(377) |
(1,175) |
