10. Other expenses

Foreign currency exchange rate losses are largely attributable to the translation of trade receivables, trade payables, lease receivables, and liabilities from the lease and short-term rental business that are denominated in a foreign currency. Such losses also include losses on hedges that are 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 other income from foreign currency exchange rate gains can be found in note [9]).

Of the impairment losses recognized on non-current assets in 2025, €12.3 million related to the full write-down of capitalized development costs for product technologies that are no longer used in the Supply Chain Solutions segment (see note [15]) and €22.0 million related to the write-down of other property, plant and equipment as a consequence of the capacity adjustments in the Industrial Trucks & Services segment carried out as part of the efficiency program (see note [18]).

Of the impairment losses recognized on non-current assets in 2024, a large part (€22.4 million) had related to the full impairment of the goodwill of the KION ITS Americas Operating Unit. Further information can be found in note [6].

In 2025, sundry expenses included a deconsolidation expense of €13.3 million that arose on the disposal of a subsidiary in the Industrial Trucks & Services segment.

In 2024, sundry expenses had included expenses of €14.8 million (including interest and consultancy costs) that were incurred in connection with the ending of a long-running legal dispute related to the acquisition of a group of companies in 2015 by the former Dematic Group.