Mercedes 2010 Annual Report Download - page 195

Consolidated Financial Statements | Notes to the Consolidated Financial Statements | 191
Other operating expense consists of the following:
2010 2009
In millions of euros
Loss on sales of property, plant and equipment -73 -56
Other miscellaneous expenses -587 -447
-660 -503
Other miscellaneous expenses include losses from sales of
current assets, changes in other provisions and other miscel-
laneous items.
In view of the 125th anniversary of the invention of the automo-
bile in 2011, the Board of Management decided in December
2010 to increase the capital of the charitable Daimler and Benz
Foundation from €37 million to €125 million. The expenses
of €88 million as well as additional expenses in connection with
legal proceedings in 2010 are included in other miscellaneous
expenses in 2010.
7. Other financial income/expense, net
2010 2009
In millions of euros
Expense from compounding of provisions and
effects of changes in discount rates 1
-240
-1,003
Miscellaneous other financial income/expense, net 389 -338
149 -1,341
1 Excluding the expense from compounding provisions for pensions and
similar obligations.
In 2010, income of €0.3 billion from the sale of the equity inter-
est in Tata Motors is included in miscellaneous other financial
income/expense, net. In 2009, payments and the commitment
to further payments into the Chrysler pension plans resulted
in expenses of €0.4 billion and are included in miscellaneous other
financial income/expense, net. In addition, income of €0.1 billion
in connection with the revaluation of loans, receivables and other
assets relating to Chrysler is included in 2009 miscellaneous
other financial income/expense, net.
Personnel expenses and number of employees. Personnel
expenses included in the consolidated statement of income/
loss as well as the average number of people employed are as
follows:
2010 2009
In millions of euros and number of people employed
Personnel expenses -16,454 -13,928
People employed 258,120 258,628
thereof trainees/apprentices 13,272 12,911
Information on the remuneration of the current and former
members of the Board of Management and the current members
of the Supervisory Board is included in Note 36.
6. Other operating income and expense
Other operating income consists of the following:
2010 2009
In millions of euros
Gains on sales of property, plant and equipment 148 44
Government grants and subsidies 110 137
Rental income, other than income relating to
financial services
45
51
Reimbursements under insurance policies 22 20
Other miscellaneous income 646 441
971 693
Government grants and subsidies contain mainly reimbursements
of social insurance contributions, granted by the Federal Employ-
ment Agency related to short-time work in the German produc-
tion plants, as well as reimbursements relating to current partial
retirement contracts.
Other miscellaneous income includes reimbursements of non-
income related taxes, income from employee canteens and
other miscellaneous items. In 2010, other miscellaneous income
comprises a pretax income of €218 million related to the posi-
tive outcome of a legal dispute involving Daimler AG in October
2010.