[9] Other income
The breakdown of other income is as follows: >> Table 046
Other income |
|
>> TABLE 046 |
in € million |
2013 |
2012 |
|
|
|
Foreign currency exchange rate gains |
24.2 |
18.9 |
Income from reversal of provisions |
10.6 |
5.2 |
Profit from release of deferred lease profits |
8.4 |
10.6 |
Net gains on the Weichai transactions |
8.1 |
211.8 |
Gains on disposal of non-current assets |
7.3 |
4.0 |
Rental income |
2.0 |
2.7 |
Sundry income |
61.0 |
43.8 |
Total other income |
121.7 |
297.0 |
The foreign currency exchange rate gains and losses result from the measurement of financial receivables and liabilities denominated in foreign currency and the measurement of corresponding derivatives. The foreign currency exchange rate gains include gains amounting to €7.6 million (2012: €9.7 million) on derivative financial instruments used to hedge operating currency risk. These gains were offset by foreign currency exchange rate losses (other expenses) of €7.3 million in 2013 (2012: €5.1 million). Overall, this resulted in a net gain of €0.3 million on derivative financial instruments used to hedge operating currency risk (2012: €4.6 million).
The sundry income of €61.0 million reported for 2013 also included earnings from commission collected, which are not reported under revenue.