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Note 3 Incidentals


Incidental gains and losses included in operating income

 

 

 

In € millions

2009

2010

 

 

 

Restructuring costs

(349)

(120)

Results on acquisitions and divestments

48

33

Results related to major legal, antitrust and environmental cases

(38)

(49)

Other incidental results

63

(19)

Total

(276)

(155)

During 2010, we continued to restructure:

  • In Decorative Paints, mainly in Continental Europe and the US
  • In Performance Coatings, we closed several sites in connection with the acquired powder coatings activities
  • In Specialty Chemicals, we closed an incinerator in Rotterdam.

Apart from restructuring costs, we incurred €32 million environmental costs for a site in Sweden. We reported gains in connection with the acquired powder coatings activities and the divestment of a captive insurance company.

Restructuring costs

 

 

 

In € millions

2009

2010

 

 

 

Decorative Paints

(158)

(65)

Performance Coatings

(55)

(37)

Specialty Chemicals

(99)

(24)

Other

(37)

6

Total

(349)

(120)

Incidentals per cost category

 

 

 

In € millions

2009

2010

 

 

 

Cost of sales

(144)

(126)

Selling expenses

(94)

(43)

Research and development expenses

(8)

(1)

General and administrative expenses

(63)

(13)

Other operating income/(expenses)

33

28

Total

(276)

(155)

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