Audi 2007 Annual Report Download - page 195

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5 Other operating income
EUR million 2007 2006
Income from rebilling 402 324
Income from derivative hedging transactions 359 87
Income from the reversal of provisions and accruals 142 326
Income from ancillary business 107 88
Income from the processing of payments in foreign currency 56 54
Income arising from asset disposals 8 8
Income from the reversal of reductions for impairment on
receivables and other assets 7 13
Miscellaneous operating income 185 151
Total other operating income 1,266 1,051
Income from ancillary business includes rental income from investment property in the
amount of EUR 2 (2) million.
Income from the processing of payments in foreign currency substantially comprises
gains resulting from exchange-rate movements between the dates of output and payment,
as well as exchange-rate gains resulting from measurement at the average rate on the clos-
ing date. Similarly, exchange rate losses are reported under other operating expenses.
The overall line item for hedging instruments is shown under “Other particulars” (Note 35).
6 Other operating expenses
EUR million 2007 2006
Expense from derivative hedging transactions 230 174
Expense from the processing of payments in foreign currency 91 72
Expense from the allocation of costs and rebilling 58 57
Impairment losses on receivables 14 10
Losses arising from asset disposals 11 22
Miscellaneous operating expenses 293 133
Total other operating expenses 697 468
Losses arising from disposals of assets include expenses from disposals of development
expenditure recognized as an intangible asset as well as of property, plant and equipment.
Miscellaneous operating expenses include amortization of goodwill for two European-
based subsidiaries in the amount of EUR 177 million (Note 14).
The overall line item for hedging instruments is shown under “Other particulars” (Note 35).