Audi 2006 Annual Report Download - page 182

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6 Other operating expenses
EUR million 2006 2005
Expense from realised derivative currency hedging transactions 164 111
Expense from the processing of payments in foreign currency 72 56
Expenses from the allocation of costs and rebilling 57 19
Losses arising from asset disposals 22 32
Expenses from the measurement of currency option premiums 10 39
Impairment losses on receivables 10 14
Miscellaneous operating expenses 133 147
Total other operating expenses 468 418
The losses arising from asset disposals include expenses from disposals of development
expenditure recognised as an intangible asset as well as of property, plant and equipment.
The miscellaneous operating expenses include EUR 10 (46) million in write-down alloc-
able to operations for the pro rata operating assets of a Brazilian partnership. The write-
down stems from the recognition of pro rata losses from operating activities and from cur-
rency translation.
The overall item of hedging instruments is shown under other particulars (item 1.1).
7 Result from investments accounted for using the equity method
EUR million 2006 2005
Income from investments accounted for using the equity method 18 –
Expense from investments accounted for using the equity method 1 12
Total result from investments accounted for
using the equity method + 17 – 12
8 Finance cost
EUR million 2006 2005
Interest expense
Other interest and similar expenses 128 126
of which to affiliated companies 122 123
Total interest expense 128 126
Interest on provisions
Interest on employee benefit obligations 91 90
Interest on other provisions 35 24
Total interest on provisions 126 114
Interest expense is attributed on an accrual basis.