Other operating income
in € million
  2004   2003
Profit on disposal of fixed and current assets   39   38
Ancillary revenue   19   21
Financial result from long-term contracts   15   12
Income from receivables written down   1   1
Exchange rate differences   66   73
Income from release of provisions (Glossary)   41   39
Miscellaneous operating income   70   67
Other operating income   251   251*
* Prior year figure restated.

An amount of €20 million was released in fiscal 2004 from the provisions set up in 2003 for transaction and selling costs relating to the sale of the Refrigeration business segment and the divestment of peripheral activities.

Net proceeds of €19 million were received on the sale of the investment in GCE Gas Control Equipment AB, Malmö. The resulting book profit was €15 million.

Other operating expenses
in € million
  2004   2003
Expenses related to pre-retirement part-time work schemes   7   12
Loss on disposal of fixed and current assets   7   7
Exchange rate differences   70   81
Allowances for doubtful debts, payment shortfalls,
write-downs on other current assets
  19   16
Miscellaneous operating expenses   31   38
Other operating expenses   134   154

History:
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