Section 15 – Other operating income (expenses) - Item 220

15.1 Other operating expenses: breakdown

Type of expense/Amounts31/12/201631/12/2015
a) Transactions with customers(3,616)(14)
b) Capital losses(317)-
c) Other expenses(4,271)(265)
Total(8,204)(279)
 

Transactions with customers included 2,8 million Euro in expenses incurred for a legal dispute involving the trade receivables segment. Other expenses included 1,5 million Euro in contractual penalties following the termination of two service contracts.

15.2 Other operating income: breakdown

Type of expense/Amounts31/12/201631/12/2015
a) Bargain on interest acquisition623,635-
a) Recovery of expenses charged to third parties2,5912,999
c) Receivable rental fees8664
d) Other income3,110242
Total629,4223,305
   

Other operating income, totalling 629,4 million Euro (3,3 million Euro at 31 December 2015), included the 623,6 million Euro gain on bargain purchase from the acquisition of the former GE Capital Interbanca Group, as detailed in Part G of these Notes.

The item “Recovery of expenses charged to third parties” refers to charges on customers for legal and consulting expenses, as well as registration fees and stamp duties recognised under the item “Other administrative expenses”.