2. Other operating income
€ million |
|
2015/16 |
|
2016/17 |
Rents incl. reimbursements of subsidiary rental costs |
|
343 |
|
326 |
Gains from the disposal of fixed assets and gains from the reversal of impairment losses |
|
100 |
|
176 |
Services/cost refunds |
|
190 |
|
159 |
Services rendered to suppliers |
|
157 |
|
142 |
Income from logistics services |
|
61 |
|
58 |
Income from deconsolidation |
|
452 |
|
36 |
Miscellaneous |
|
160 |
|
161 |
|
|
1,462 |
|
1,057 |
Gains from the disposal of fixed assets and gains from the reversal of impairment losses include income in the amount of €158 million from the disposal of real estate that will be used fully or for the most part by third parties in the future (2015/16: €53 million). This includes income of €6 million from the sale of real estate assets that METRO plans to continue to use under tenancy agreements (2015/16: €5 million). In addition, this item includes gains from the reversal of impairment losses in the amount of €3 million (2015/16: €11 million).
Services rendered to suppliers amount to €132 million (2015/16: €145 million) regarding METRO Wholesale and to €6 million (2015/16: €7 million) regarding Real. The decline in the METRO Wholesale segment is mainly attributable to METRO Cash & Carry Romania at € 13 million (2016/17: €6 million; 2015/16: €19 million).
The income from logistics services provided by METRO LOGISTICS to non-group companies is offset by expenses from logistics services, which are reported under other operating expenses.
Income from deconsolidation essentially includes income from the disposal of Chengdu Qingyue Property Services Co., Ltd., China, (2015/16: income from the disposal of the wholesale activities in Vietnam totalling €451 million).
Miscellaneous other operating income particularly includes income from compensation in the amount of €24 million (2015/16: €10 million). Among others, this item also includes public-sector subsidies in the amount of €7 million (2015/16: €7 million) and income from construction services in the amount of €5 million (2015/16: €6 million).