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.