(11) Other revenues
| All figures in €’000 | 2008 | 2007 |
|---|---|---|
| Cost transfers to commercial agents | 8,245 | 7,130 |
| Income from investments | 5,025 | 2,467 |
| Subsequent income from sale | 4,000 | 11,295 |
| Reversal of deferred obligations | 3,232 | 3,006 |
| Reversal of impairment losses/income from written-off receivables | 3,109 | 545 |
| Income from the reversal of provisions | 1,558 | 2,519 |
| Rent | 1,436 | 1,357 |
| Own work capitalised | 1,045 | 1,525 |
| Income from currency translation | 273 | 13 |
| Income from service provision and infrastructure | 93 | 869 |
| Income from the disposal of intangible assets and property, plant and equipment | 17 | 52 |
| Income from the disposal of assets | – | 3,984 |
| Sundry other income | 14,908 | 6,823 |
| Total | 42,940 | 41,584 |
The sub-item “Cost transfers to commercial agents” covers among other things income from the renting out of laptops and the cost transfers of other material costs. The subsequent income from sales is due to the sale of MLP Lebensversicherung AG (now: Heidelberger Lebensversicherung AG) and contains the portion of the subsequent profit component attributable to the financial year 2008. The item “Reversal of impairment losses/ income from written-off receivables” relates to the items “Receivables from clients from the banking business” and “Other receivables and other assets”. On the other hand, allowances for bad debts are disclosed under “Other operating expenses”. The own work capitalised mainly contains development activities in connection with the MLP broker platform and product selection. The income from service provision and infrastructure concerns amounts billed to Heidelberger Lebensversicherung AG and Janitos Versicherung AG (formerly MLP Versicherung AG) for services rendered. The drop in this figure is due to a significant fall in the utilisation of IT and Computer Centre services in the last financial year. Income from the disposal of assets results from the sale of Feri Fund Market Information Ltd. and its subsidiary FI Datenservice GmbH. The item “Sundry other income” mainly consists of the income from reinsuring pension obligations and from the adjustment of the variable purchase price liability for Feri Finance AG. Premium payments recorded in other operating expenses are in connection with income from reinsurance business.
