General
Information
Last Update:
March 1, 2012
Seitenende

6 – Other operating income

  Download (Download XLS xls, 18 kB)

Million €

2011

2010

Reversal and adjustment of provisions

170

244

Revenue from miscellaneous revenue-generating activities

207

142

Income from foreign currency and hedging transactions

170

136

Income from the translation of financial statements
in foreign currencies

42

76

Gains on the disposal of property, plant and equipment and divestitures

666

101

Reversal of impairments of property, plant and equipment

40

Gains on the reversal of allowances for doubtful
business-related receivables

77

36

Other

676

365

 

2,008

1,140

The reversal and adjustment of provisions was primarily related to shutdowns and restructuring measures, employee obligations, risks from lawsuits and damage claims as well as various other items as part of the normal course of business. Provisions were reversed or adjusted if the circumstances on the balance sheet date were such that utilization was no longer expected or expected to a lesser extent.

Revenue from miscellaneous revenue-generating activities primarily includes income from rentals, property sales and logistics services.

Income from foreign currency and hedging transactions concerned foreign currency transactions, the measurement at fair value of receivables and payables in foreign currencies as well as currency derivatives and other hedging transactions.

Income from the translation of financial statements in foreign currencies includes gains arising from the translation of subsidiaries outside of the eurozone that use the euro as their functional currency.

Gains on the disposal of property, plant and equipment and divestitures arose in particular from the transfer of the styrenics business into the joint venture Styrolution, which resulted in gains of €593 million.

In 2010, reversals of impairments of property, plant and equipment related to the site in Altamira, Mexico.

Gains on the reversal of allowances for doubtful business-related receivables resulted mainly from doubtful receivables that had been written off but that were settled in 2011.

Other income includes refunds and settlements totaling €186 million, including two payments to resolve contractual disputes in the United States. Income of €68 million resulting from the repeal of an E.U. fine imposed on the former Ciba is also included in this item. Further income resulted from insurance settlements, the sale of emissions certificates, gains from precious metal trading as well as from a number of other items.

Seite zurück Seitenanfang Seite weiter