Other operating expenses increase by 5.8 per cent

Other operating expenses went up year on year by 5.8 per cent. Higher exchange rate losses (EUR +153m) were the main reason behind the increase. Corresponding exchange rate gains were accounted for in other operating income. Increases were also reported for staff-related expenses (EUR +102m), legal, audit and consultancy fees (EUR +44m), and advertising and sales promotion (EUR +33m). Write-downs of EUR 32m on current financial investments were also recognised as of the reporting date. Sales commissions, however, were down by EUR 60m. The other items did not vary significantly compared with the previous year.

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