Annual Report 2022

Annual Report 2022

7. Other Operating Expenses

(in € million)

 

 

2021

 

2022

Restructuring expenses

 

54

 

61

Exchange result on operating activities

 

–5

 

69

Losses on disposal of non-current assets

 

3

 

5

Amortization and impairment of intangible assets from acquisitions

 

15

 

18

Miscellaneous other expenses

 

212

 

165

 

 

279

 

318

Restructuring expenses relate in particular to measures in the supply chain organization and other ongoing reorganizations of the consumer business. Amortization and impairment of intangible assets showed amortization of intangible assets from acquisitions amounting to €10 million (previous year: €6 million) and an impairment loss of €8 million on the goodwill of the cash-generating unit tesa Twinlock.

Miscellaneous other expenses included expenditure of €5 million (previous year: €6 million) in connection with the “Care Beyond Skin” donation program and expenditure of €6 million relating to the integration of the newly acquired Chantecaille business. Miscellaneous other expenses also include the result from the sale of tesa Labtec GmbH in the amount of €6 million. In the previous year, other expenses also included expenses from a supply contract of €28 million taken over in the course of the Coppertone acquisition, which expired in fiscal year 2022. Furthermore, other expenses include additions to provisions for litigation and other risks, as well as miscellaneous other operating expenses.