Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Other recurring operating income and expenses 4.7. Other recurring operating income and expenses break down as follows:

2019 2018 restated*

in € ڳ millions

8.0

8.8

Cross-charging and indemnities received

Capital losses on sales of property, plant and equipment and intangible assets – recurring operating activities

(0.9)

(0.4)

(2.5)

(0.2)

Cross-charging and indemnities paid

Total

4.5

8.2

Following the application of IFRS ژ 5 (see 2.2.5.). *

Financial income – operating activities 4.8. The following table breaks down financial income and expenses relating to operating activities by type of income/expenses:

2019 2018 restated*

in € ڳ millions

Financial income related to Technology Management & Financing operations

22.6

19.9

1.7

1.2

Miscellaneous financial income from operating activities

Total financial income – operating activities

24.3

21.1

Financial expenses related to Technology Management & Financing operations

(18.1)

(15.5)

(1.5)

(1.6)

Financial expenses related to miscellaneous operating activities

(0.1)

(1.5)

Exchange losses

Total financial expenses – operating activities

(19.6)

(18.6)

Total

4.7

2.5

Following the application of IFRS ژ 5 (see 2.2.5.). *

Financial income and expenses relating to Technology Management & Financing operations reflect the unwinding of the discount during the ژ year on the gross liability for purchases of leased assets, the Group’s residual interest in leased assets and lease payments outstanding.

Net exchange losses recorded in the income statement result mainly from fluctuations in the pound sterling and US dollar.

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2019 annual report