Annual Report 2024

Notes

5. Other operating income

Other operating income

€ million

 

2024

 

2023

 

 

 

 

 

Income from reversal of loss allowances on receivables and other assets

 

1,810

 

2,164

Income from reversal of provisions and accruals

 

933

 

922

Income from derivatives within hedge accounting

 

736

 

766

Income from derivatives not within hedge accounting Financial Services

 

492

 

894

Income from other hedges

 

2,073

 

2,245

Income from foreign exchange gains

 

3,478

 

3,419

Income from sale of promotional material

 

227

 

304

Income from cost allocations

 

1,087

 

1,470

Income from investment property

 

11

 

12

Gains on asset disposals and the reversal of impairment losses on non-current assets

 

605

 

586

Miscellaneous other operating income

 

3,521

 

2,369

 

 

14,974

 

15,152

Foreign exchange gains mainly comprise gains from changes in exchange rates between the dates of recognition and payment of receivables and liabilities denominated in foreign currencies, as well as exchange rate gains resulting from measurement at the closing rate. Foreign exchange losses from these items are included in other operating expenses.

Income from other hedges relates primarily to gains from the fair value measurement and realization of derivative financial instruments in the Automotive Division that are not designated in a hedging relationship. Losses are included in other operating expenses.