Mercedes 2008 Annual Report Download - page 166

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162
5. Other operating income (expense), net
Other operating income (expense), net, consists of the following:
Gains on sales of property, plant and equipment in 2008 includes
gains from the sale of real estate properties at Potsdamer Platz
to the SEB Group in an amount of €449 million (see Note 2).
In 2007, gains on sales of property, plant and equipment mainly
resulted from the sale of property in Japan to Nippon Industrial
TMK (€78 million) and several other properties.
Gains on sales of property, plant and equipment in 2006 mainly
resulted from the sale of the former corporate headquarters in
Stuttgart-Möhringen to IXIS Capital Partners (€158 million) and
from the sale of several other properties.
The sale of the major portion of the Group’s Off-Highway
business resulted in a gain of €233 million in 2006, of which
€226 million is included in gains on sales of businesses.
6. Other financial income (expense), net
In 2008, miscellaneous other financial income, net, includes
expenses of €1.7 billion in connection with the impairment of
loans, receivables and other assets relating to Chrysler. In
2007, the mark-to-market valuation of the derivative financial
instruments in connection with EADS shares resulted in a
gain of €121 million (2006: unrealized gain of €519 million) which
is included in miscellaneous other financial income, net.
7. Interest income (expense), net
200620072008
in millions of €
504
52
37
23
618
1,234
(47)
(407)
(454)
780
167
39
5
24
506
741
(78)
(636)
(714)
27
299
54
262
189
416
1,220
(45)
(533)
(578)
642
Gains on sales of property,
plant and equipment
Rental income, other than
income relating to
financial services
Gains on sales of businesses
Reimbursements under
insurance policies
Other miscellaneous items
Other operating income
Loss from sales of
non-current assets
Other miscellaneous expenses
Other operating expense
200620072008
in millions of €
(429)
(1,799)
(2,228)
(444)
216
(228)
(418)
518
100
Expense from compounding
of provisions1
Miscellaneous other financial
income, net
1 Excluding the expense from compounding provisions for pensions and similar obligations.
200620072008
in millions of €
729
(681)
915
(898)
65
782
(480)
992
(823)
471
285
(529)
897
(743)
(90)
Interest and similar income
Interest and similar expenses
Expected return on pension
and other plan assets
Interest cost for pension
and other post-employment
benefit plans