6 Other operating expenses

  (XLS:) Download

 

 

 

 

 

€ million

 

2015

 

2014

 

 

 

 

 

Valuation allowances on receivables and other assets

 

1,674

 

1,150

Losses from foreign currency hedging derivatives

 

5,083

 

1,003

Foreign exchange losses

 

3,260

 

1,972

Expenses from cost allocations

 

695

 

566

Expenses for termination agreements

 

502

 

193

Losses on disposal of noncurrent assets

 

106

 

105

Miscellaneous other operating expenses

 

8,853

 

2,004

 

 

20,171

 

6,992

The year-on-year increase in miscellaneous other operating expenses is due largely to the litigation expenses of €7.0 billion in connection with the diesel issue. The expenses for termination agreements result primarily from the restructuring expenses for the South American market and at MAN. In addition, the changes in the currency hedging derivatives are due to the exchange rate changes between the trade price and the price on realization; this applies in particular to the US dollar, the Chinese renminbi and sterling.