Other operating income falls due to lower book gains

Other operating income shrank by 11.0 per cent to EUR 2.3bn. The decline was principally due to lower income from disposals of non-current assets (EUR –198m). In the previous year, this figure included profits from the transfer of shares in Fraport to the Lufthansa Pension Trust (EUR 94m) and book gains from the sale of 6.2 million shares in Amadeus IT Holding S.A. (EUR 67m). Income from write-ups was down by EUR 33m, largely due to the development of the US dollar. Income from write-backs of provisions dropped to EUR 163m (previous year: EUR 224m). Commission income was up by EUR 37m on the other hand.

Exchange rate gains and the other items did not vary significantly compared with the previous year. The Notes to the consolidated financial statements contain a detailed list of other operating income under “Note 6”.