101 / 364
4.1 CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 6.Events and transactions outside the Group's ordinary activities
DANONE
REGISTRATION DOCUMENT 2015
101
Sensitivity of net income to changes in prices of the two main categories of raw materials purchased by the Group
Year ended December 31
2014
2015
(in € millions)
Gain (loss)
Gain (loss)
Increase of 5%
Liquid milk, milk powder and other milk-based ingredients
(191)
(166)
Plastics, including PET
(77)
(78)
Decrease of 5%
Liquid milk, milk powder and other milk-based ingredients
191
166
Plastics, including PET
77
78
NOTE 6.EVENTS AND TRANSACTIONS OUTSIDE THE GROUP'S ORDINARY
ACTIVITIES
Note 6.1. Other operating income (expense)
Accounting principles
Other operating income (expense) is defined under Recommendation
2013-03 of the French ANC relating to the format of consolidated
financial statements prepared under international accounting
standards, and comprises significant items that, because of their
exceptional nature, cannot be viewed as inherent to current activities.
These mainly include capital gains and losses on disposals of fully
consolidated companies, impairment charges on goodwill, significant
costs related to strategic restructuring and major external growth
transactions, and incurred or estimated costs related tomajor crisis
and major litigation. Furthermore, in connection with Revised IFRS
3 relating to business combinations, the Group also classifies in
Other operating income (expense) (i) acquisition costs related to
business combinations, (ii) revaluation profit or loss accounted for
following a loss of control, and (iii) changes in earn-outs related
to business combinations and subsequent to the acquisition date.
Other operating income (expense) in 2015
In 2015, the net Other operating expense of €(682) million consisted mainly of expenses, including:
(in € millions)
Notes
Related costs
Impairment of the
Dumex
brand and its property,
plant and equipment
6.2
(337)
Impairment of several intangible assets of the Fresh Dairy Pro-
ducts, Waters and Early Life Nutrition Divisions
9.3
(127)
Danone 2020 transformational plan
6.4
(77)
Plan for savings and adaptation of the Group's organizations
in Europe
6.3
(54)
Restructuring of the Group's activities in Argentina
as a result of the economic climate
(29)
Fine notified by the Spanish National Commission
on Markets and Competition
6.5
(23)