6) Other operating income


 

in €m

2011

2010

*

Rounded below EUR 1m.

Income from the disposal of non-current assets

47

65

Income from the disposal of non-current available-for-sale financial assets

1

181

Income from the reversal of impairment losses on fixed assets

6

39

Foreign exchange gains

963

969

Income from the reversal of provisions and accruals

163

224

Commission income

222

185

Re-invoicing of charges for computerised distribution systems

0*

8

Reversal of write-downs on receivables

32

52

Income from staff secondment

51

47

Compensation received for damages

58

67

Rental income

26

25

Income from sub-leasing aircraft

30

30

Income from the disposal of current available-for-sale financial assets

12

29

Negative goodwill

2

2

Miscellaneous other operating income

711

687

 

2,324

2,610

EUR 34m of the income from disposal of property, plant and equipment comes from sales of aircraft and reserve engines. In the previous year income from the disposal of non-current assets included in particular realised gains on the transfer of 8.5 per cent of the Fraport shares to the Lufthansa Pension Trust (EUR 94m) and book gains of EUR 67m on the sale of 6.2 million shares in Amadeus IT Holding S.A.

Foreign exchange gains mainly include gains from differences between the exchange rate on the transaction date (average rate for the month) and at the time of payment (spot exchange rate) along with foreign exchange gains from measurement at the closing date rate. Foreign exchange losses from these transactions are reported under other operating expenses, see “Note 10”.

Income from the reversal of provisions relate to a number of provisions recognised in prior years which have not been fully used. In contrast, expenses from insufficient provisions recognised in prior years are recognised together with the primary expense item to which they relate.

Compensation for damages includes income of EUR 16m for the reimbursement of selling fees paid in prior years in connection with an out-of-court settlement between Lufthansa and Amadeus IT Holding S.A. In the previous year this item included insurance payments received in connection with the MD-11 accident at Lufthansa Cargo in July 2010.

The earn-out clause agreed as part of the AUA acquisition gave rise to income of EUR 2m in the financial year (previous year: EUR 2m).

Miscellaneous other operating income includes items not attributable to any of the aforementioned categories, such as income from training, travel management and other services provided by the Group.

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