5 Other operating income

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€ million

 

2008

 

2007

Income from reversal of valuation allowances
on receivables and other assets

 

424

 

369

Income from reversal of provisions and accruals

 

1,532

 

877

Income from foreign currency hedging derivatives

 

2,445

 

1,390

Income from foreign exchange gains

 

2,254

 

1,093

Income from sale of promotional material

 

175

 

177

Income from cost allocations

 

770

 

903

Income from investment property

 

60

 

56

Gains on asset disposals

 

29

 

47

Miscellaneous other operating income

 

1,081

 

1,082

 

 

8,770

 

5,994

Foreign exchange gains mainly comprise gains from changes in exchange rates between the dates of recognition and payment of receivables and liabilities denominated in foreign currencies, as well as exchange rate gains resulting from measurement at the closing rate. Foreign exchange losses from these items are included in other operating expenses.

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