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EBIT in "other"


 

 

 

IN € MILLIONS

1ST QUARTER

 

2010

2009

 

 

 

Corporate costs

(20)

(27)

Pensions

2

8

Insurances

2

9

Other

(22)

(10)

 

 

 

EBIT in “other”

(38)

(20)

Corporate costs are lower than last year as a result of cost savings programs. The pension cost in Other are less positive due to a lower correction for interest cost (higher expected return on plan assets). The positive result from our captive insurance companies was lower than the previous year, mainly due to a business interruption claim. Other costs were higher than 2009, due to higher share-based compensation and some company projects.

Copyright © 2010 Akzo Nobel N.V.