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Other income and expenses
9 Months Ended
Sep. 30, 2020
Other income and expenses  
Other income and expenses

6 Other income and expenses

6.1Other operating income

 

 

 

 

 

 

 

 

 

 

 

 

For the Three months ended September 30

    

For the Nine months ended September 30

in EUR k

    

2019

    

2020

    

2019

    

2020

Government grants

 

363

 

535

 

1,833

 

1,940

Income from the reversal of provisions

 

 —

 

 —

 

89

 

 —

Gain on disposal of property, plant and equipment

 

532

 

 —

 

532

 

 —

Others

 

40

 

144

 

169

 

485

Total other operating income

 

935

 

679

 

2,623

 

2,425

 

Government grants contain performance-based grants to subsidize research, development and innovation in the state of Mecklenburg-Western Pomerania from funds granted by the European Regional Development Fund. Furthermore, government grants contain the release of deferred income from investment related grants.

6.2Other operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

For the Three months ended September 30

    

For the Nine months ended September 30

in EUR k

    

2019

    

2020

    

2019

    

2020

Currency losses

 

 —

 

23

 

 2

 

60

Others

 

 —

 

30

 

 —

 

131

Total other operating expenses

 

 —

 

53

 

 2

 

191

 

During the nine months ended September 30, 2020, the Group disposed of its entire 51% interest in LPC GmbH (“LPC”) to the minority shareholders for a consideration of EUR 213k, of which EUR 200k is to be paid over a period of four years (and included in other assets, see note 8). The related non-controlling interest of EUR 268k (accumulated share of loss) was debited to profit or loss, and the sale resulted in a loss of EUR 101k.