11.3 Other operating income

  For the first six months of
(€’000) 2013 2012
R&D grants 1,565 1,052
Gains on sales of property, plant and equipment and intangible assets 8 364
Reversals of impairment losses on loans and receivables - 134
Reversals of provisions for risks and charges 211 2,091
Insurance compensation 1 -
Royalties 329 273
Financial income and exchange rate gains on operating items 8,638 10,018
Tax asset for R&D 1,395 1,931
Other operating income 477 4,422
Other third party operating income 12,624 20,285
Other related party operating income 4 5
Total other operating income 12,628 20,290

Other third party operating income amounts to €12,624 thousand, down €7,611 thousand on the €20,285 thousand for the period ended 30 June 2012. The decrease is mainly due to the fall in income and exchange rate gains on operating items, the smaller reversal of the provision for risks and charges and other operating income. Moreover, in the first half of 2012, “other operating income” included the gain recognised by the US subsidiary Ansaldo STS USA INC. on sales of intangible assets, mainly software, to a local company.

 

Sede legale in Genova, via Paolo Mantovani 3/5
Capitale sociale euro 90.000.000
R.E.A. n. 421689
Registro delle Imprese Ufficio di Genova
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