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Annual Report

5 Other operating income

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€ million

 

2010

 

2009

Income from reversal of valuation allowances on receivables and other assets

 

532

 

577

Income from reversal of provisions and accruals

 

1,317

 

945

Income from foreign currency hedging derivatives

 

1,405

 

2,217

Income from foreign exchange gains

 

1,908

 

1,624

Income from sale of promotional material

 

181

 

172

Income from cost allocations

 

721

 

590

Income from investment property

 

59

 

58

Gains on asset disposals and the reversal of impairment losses

 

112

 

71

Miscellaneous other operating income

 

1,413

 

1,651

 

 

7,648

 

7,904

Foreign exchange gains mainly comprise gains from changes in exchange rates between the dates of recognition and payment of receivables and liabilities denominated in foreign currencies, as well as exchange rate gains resulting from measurement at the closing rate. Foreign exchange losses from these items are included in other operating expenses.

The gain on the disposal of Volkswagen Caminhões amounting to €556 million is reported under miscellaneous other operating income in fiscal year 2009.

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