9.f Other operating expenses - €7,276 million

Millions of euro

   
 

2019

2018

Change

System charges - emissions allowances

430

443

(13)

-2.9%

Charges for energy efficiency certificates

416

607

(191)

-31.5%

Charges for purchases of green certificates

62

41

21

51.2%

Losses on disposal of property, plant and equipment, and intangible assets

76

61

15

24.6%

Taxes and duties

1,035

1,126

(91)

-8.1%

Gain/(Loss) on derivatives on the purchase of commodities with physical delivery(1)

4,583

(1,120)

5,703

-

Other

674

(509)

1,183

-

Total

7,276

1,769

5,507

-

(1) The 2018 figures have been adjusted to take account of the interpretations of the International Financial Reporting Interpretations Committee (IFRIC) contained in the Agenda Decision of March 2019, which involved changes in the classification, with no impact on margins, of the effects of purchase and sales contracts for commodities measured at fair value through profit or loss (for more details, see note 4.3 of the consolidated financial statements).

Other operating expenses increased by €5,507 million mainly due to the reclassifications in response to the IFRIC Agenda Decision of March 2019 concerning the recognition of non-financial transactions with physical delivery within the scope of IFRS 9. For more information, see paragraph 4.3 of the notes to the consolidated financial statements.
This change was partially offset by a decrease in environmental compliance costs in Italy and a reduction in taxes in Spain for suspension (in accordance with Royal Decree no. 15/2015 of October 5, 2018) of the application of taxes on conventional thermal power generation and on the consumption of hydrocarbons used in generation.