5 Other operating income


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€ million

 

2009

 

2008

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.

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