6 Other operating expenses

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€ million

 

2016

 

2015

 

 

 

 

 

Valuation allowances on receivables and other assets

 

1,787

 

1,674

Losses from foreign currency hedging derivatives

 

2,964

 

5,083

Foreign exchange losses

 

3,077

 

3,260

Expenses from cost allocations

 

542

 

695

Expenses for termination agreements

 

424

 

502

Losses on disposal of noncurrent assets

 

144

 

106

Miscellaneous other operating expenses

 

7,970

 

8,853

 

 

16,907

 

20,171

Miscellaneous other operating expenses include litigation expenses of €5.1 billion (previous year: €7.0 billion) in connection with the diesel issue as well as provisions of €0.4 billion for the antitrust proceedings that the European Commission opened against European truck manufacturers including MAN and Scania. The expenses for termination agreements result primarily from the restructuring expenses for the South American market and at MAN. In addition, the changes in the currency hedging derivatives are due to the exchange rate changes between the trade price and the price on realization; this applies in particular to the US dollar, the Chinese renminbi and sterling.