Annual Report 2022

Annual Report 2022

6. Other Operating Income

(in € million)

 

 

2021

 

2022

Gains on disposals of property, plant, and equipment, and other assets

 

3

 

17

Income from the reversal of provisions

 

57

 

82

Miscellaneous other income

 

183

 

167

 

 

243

 

266

Gains on disposals of property, plant, and equipment, and other assets were mainly attributable to the sale of a property no longer required at La Prairie Group AG. Income from the reversal of provisions was due among other things to personnel risk provisions, litigation risk provisions, and other provisions that are no longer required. Miscellaneous other income includes income from the reversal of no longer required accruals and valuation allowances on receivables, as well as other out-of-period income. Other income also includes effects of €2 million from the integration of the Chantecaille business. In the previous year, other income included €30 million from the implementation of a supply contract taken over in the course of the Coppertone acquisition, which expired in fiscal year 2022.