4. Other operating expenses

 

 

2019/20

 

2020/21

 

 

 

 

 

Taxes other than income taxes

 

15.8

 

15.8

Losses on disposal of property, plant and equipment

 

3.1

 

4.0

Currency losses

 

136.3

 

112.4

Expenses from the valuation of derivatives

 

6.2

 

23.2

Losses from deconsolidation

 

0.5

 

1.2

Other operating expenses

 

690.9

 

415.7

 

 

852.8

 

572.3

 

 

 

 

 

In millions of euros

Other operating expenses for the business year 2020/21 contain EUR 206.8 million (2019/20: EUR 401.7 million) in impairment losses on property, plant and equipment, other intangible assets, and goodwill. They also contain EUR 113.7 million (2019/20: EUR 121.1 million) in expenses attributable to the other functional area. In the main, these concern expenses related to the by-products specified in other operating income.