5.3.4Other Operating Income and Expense

2016

2015

Restructuring expenses

(48)

(55)

Settlement expenses

(22)

(245)

Other operating expense

0

(3)

Other operating income

2

1

Total

(66)

(302)

In 2016, the other operating expenses mainly include:

  • The US$ 22 million for non-recurring provision for potential contemplated settlement with Brazilian authorities and Petrobras (Please refer to Note 5.3.1 Highlights)
  • The net restructuring costs following the workforce reduction plans launched for US$ 37 million (Please refer to Note 5.3.1 Highlights)
  • A provision for onerous contract related to long-term offices rental contracts for US$ 11 million (Please refer to Note 5.3.26 Provisions), classified as restructuring expenses.