5 Other operating income
(XLS:)
 Download |
€ million |
2018 |
2017 |
||||
|---|---|---|---|---|---|---|
|
||||||
|
|
|
||||
Income from reversal of loss allowances on receivables and other assets |
1,586 |
1,043 |
||||
Income from reversal of provisions and accruals1 |
1,144 |
1,398 |
||||
Income from foreign currency hedging derivatives within hedge accounting |
822 |
2,259 |
||||
Income from foreign exchange gains |
2,530 |
2,656 |
||||
Income from other hedges |
1,138 |
– |
||||
Income from sale of promotional material |
483 |
502 |
||||
Income from cost allocations |
1,139 |
1,386 |
||||
Income from investment property |
14 |
16 |
||||
Gains on asset disposals and the reversal of impairment losses |
390 |
212 |
||||
Miscellaneous other operating income |
2,383 |
2,041 |
||||
|
11,631 |
11,514 |
||||
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 includes primarily foreign exchange gains from the fair value measurement of financial instruments used to hedge exchange rates and commodity prices and that are not designated in a hedging relationship. Foreign exchange losses are included in other operating expenses. In the previous year, these effects were recognized in the financial result. Under IFRS 9, they are included in operating profit.