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Other income
6 Months Ended
Jun. 30, 2022
Other income [abstract]  
Other income
14
 
Other income
Other income
1
1 January to 30 June
in EUR million
2022
2021
Share of result associates and joint ventures
35
23
Impairment of associates and joint ventures
-153
-3
Net result derecognition of financial assets measured
 
at amortised cost
 
-3
-3
Net monetary gain or loss
-250
Other
70
166
-300
184
1 2021 presentation has been updated to improve consistency and comparability
In 2022, Other income includes EUR -
250
 
million net monetary loss reflecting the IAS 29 hyperinflation impact in
Turkey
 
related to the indexation of Turkey’s
 
statement of financial position (EUR -
239
 
million) and statement of
profit and loss (EUR -
11
 
million). Furthermore, other IAS 29 impacts (EUR -
5
 
million) are reported but not
reflected in the net monetary loss. Reference is made to
 
paragraph 1.6 ‘Other developments' for further
explanation.
Furthermore, Other income includes EUR -
150
 
million impairment on TTB as the recoverable amount, as
determined by a Value in Use calculation, was below the carrying amount at
 
31 March 2022. Reference is made
to note 5 ‘Investment in associated and joint ventures’
 
for further explanation.
In 2021, Other income other includes the recognition of a EUR
72
 
million better than expected recovery of the
insolvency of a financial institution in the Netherlands, proceeds of the agreement with Raiffeisenbank due to the
withdraw from the retail banking market
 
in the Czech Republic and the positive recovery of defaulted
 
receivables
of EUR
16
 
million.