Porsche 2012 Annual Report Download - page 191

[3] Other operating expenses
Other operating expenses consist of:
Expenses from the valuation of options on non-stock company shares in the fiscal year 2012
pertain to the change in the fair value of the put option of Porsche SE relating to the remaining
shares held by the company in Porsche Holding Stuttgart GmbH prior to the contribution of the
holding business operations to Volkswagen AG.
Expenses from valuation of options on non-stock company shares of the comparative peri-
od contain the change in the fair value of the put and call options on the remaining shares held
by Porsche SE in Porsche Holding Stuttgart GmbH prior to the contribution of the holding busi-
ness operations to Volkswagen AG.
Other taxes relate to additions to the tax provisions.
The cost transfer item concerns costs assumed by Porsche SE for the transferred invest-
ments in connection with the contribution of the holding business operations of Porsche SE to
Volkswagen AG.
In the fiscal year 2012, other operating expenses did not contain any expenses from fees
that were not included in the calculation using the effective interest method (prior year: €1
million).
€ million 2012 2011
Expenses from valuation of options on non-stock company shares 200 4,372
Legal and consulting fees 29 24
Cost transfer 17 0
Other taxes 7 30
Sundry other operating expenses 21 19
274 4,445
187