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.