Notes

6 Other operating expenses

Download

€ million	2022	2021

Loss allowances on trade receivables	345	294
Loss allowances on other receivables and other assets	2,756	1,632
Expenses from derivatives within hedge accounting	971	869
Expenses from derivatives not within hedge accounting Financial Services	1,309	404
Expenses from other hedges	2,417	1,091
Foreign exchange losses	3,762	1,909
Expenses from cost allocations	833	653
Expenses for termination agreements	280	333
Losses on disposal of noncurrent assets	321	253
Miscellaneous other operating expenses	4,818	5,611
	17,812	13,049

Allowances on other receivables and other assets include allowances on receivables from long-term construction contracts amounting to €0.3 million (previous year: €1.2 million). Allowances on other receivables and other assets also include expenses incurred in connection with the Russia-Ukraine conflict (see “Key events” section).

Expenses from other hedges include primarily losses from the fair value measurement of financial instruments used to hedge exchange rates and commodity prices in the Automotive Division that are not designated in a hedging relationship. Gains are included in other operating income.

Miscellaneous other operating expenses consist, among other items, of expenses in connection with the diesel issue (see the “Key events” section for more information).