[11] Other expenses
Other expenses break down as follows:
in € million |
2020 |
2019 |
|---|---|---|
Foreign currency exchange rate losses |
80.9 |
37.9 |
Losses on disposal of non-current assets |
1.9 |
2.4 |
Impairment of non-current assets |
21.6 |
6.9 |
Sundry expenses |
13.3 |
7.4 |
Total other expenses |
117.7 |
54.5 |
The rise in other expenses by €63.2 million resulted mainly from an increase in exchange rate losses. These are attributable to exchange rate losses arising in the course of the Group companies’ operating activities and to losses on hedges that were entered into in order to hedge currency risk arising from the operating business and are not part of a formally documented hedge (details of the countervailing gains can be found in note [10]).
Within the impairment of non-current assets, a figure of €13.6 million related to property, plant, and equipment used by specific customers in the Supply Chain Solutions segment. This was attributable to a deterioration in profit forecasts for the underlying customer business.