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€ million |
2009 |
2008 | ||
|---|---|---|---|---|
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Income from reversal of valuation allowances on receivables and other assets |
577 |
424 | ||
|
Income from reversal of provisions and accruals |
945 |
1,532 | ||
|
Income from foreign currency hedging derivatives |
2,217 |
2,445 | ||
|
Income from foreign exchange gains |
1,624 |
2,254 | ||
|
Income from sale of promotional material |
172 |
175 | ||
|
Income from cost allocations |
590 |
770 | ||
|
Income from investment property |
58 |
60 | ||
|
Gains on asset disposals |
71 |
29 | ||
|
Miscellaneous other operating income |
1,651 |
1,081 | ||
|
|
7,904 |
8,770 |
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.
The gain on the disposal of Volkswagen Caminhões amounting to €556 million is reported under miscellaneous other operating income in fiscal year 2009.
