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Group Management Report Corporate Governance Environment, Safety, and Corporate Social Responsibility Consolidated Financial Statements 99 2014 2015 Bad debt expense 2,195 1,656 Losses from disposal of property, plant and equipment 1,526 603 Exceptional expenses 10,000 23,833 Charitable donations 492 679 Other 2,665 2,443 16,878 29,214 Exceptional expenses relate to the following: Notes 2014 2015 Impairment loss on intangible assets 13 6,758 2,685 Impairment loss on property, plant and equipment 14 3,242 8,860 Restructuring expenses – 12,288 10,000 23,833 € 1.5 million of total restructuring expenses relate to the ELANTAS Electrical Insulation division’s production facility in Hamburg and € 10.8 million to the German facilities of the ECKART Effect Pigments division. The restructuring measures led to a decrease in headcount. 63 % of the total reduction occurred in production, 11 % in sales, 10 % in research and develop- ment and 16 % in administration. 2014 2015 Interest income 4,279 2,299 Gains on disposal of marketable securities 459 0 Gains on derivative financial instruments 148 59 Dividends received 192 205 Other financial income 1,022 2,085 6,100 4,648 In 2015 and 2014 foreign exchange gains of € 0.2 million and € 0.8 million, respectively, are included in other financial income. 8. Other Operating Expenses 9. Financial Income


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