4.3.4Other Operating Income and Expense
|
2021 |
2020 |
||
|---|---|---|---|
|
Insurance claim income |
16 |
- |
|
|
Gains from sale of financial participations, property, plant and equipment |
2 |
(1) |
|
|
Other operating income |
1 |
5 |
|
|
Total other operating income |
19 |
4 |
|
|
Other operating expenses |
(12) |
(1) |
|
|
Impairment of other assets and onerous contracts |
- |
(10) |
|
|
Restructuring expenses |
(1) |
(46) |
|
|
Total other operating expense |
(13) |
(57) |
|
|
Total |
7 |
(53) |
In 2021, the other operating income mainly included an insurance recovery of US$16 million related to the reimbursement in respect of damage on one of the Brazilian units that occurred in January 2016. The other operating expense mainly included the US$7.6 million penalty order against the Company issued by the Swiss public prosecutor in November 2021 (refer to section 4.3.1 Financial Highlights).
The decrease in expenses compared with the prior period is mainly due to restructuring expenses recognized in 2020.