5.3 Other operating income

  For the first half of
(€’000) 2014 2013 restated
R&D grants 1,630 1,565
Gains on sales of property, plant and equipment and intangible assets 6 8
Reversals of impairment losses on loans and receivables 22 -
Reversals of provisions for risks and charges 150 211
Insurance compensation - 1
Royalties 283 329
Financial income and exchange rate gains on operating items 6,424 8,638
Tax asset for R&D 1,487 1,395
Other operating income 238 477
Other third party operating income 10,240 12,624
Other related party operating income 22 4
Total other operating income 10,262 12,628

Other third party operating income amounted to €10,240 thousand, down €2,384 thousand compared to €12,624 thousand in the corresponding period of the previous year. The decrease is mainly related to the reduction in income and exchange rate gains on foreign currency operating items.

Registered Office: 16151 Genoa Via Paolo Mantovani, 3 - 5
Paid-in Share Capital EUR 100,000,000 R.E.A. n. 421689 Register of Enterprises of Genoa Tax Code 01371160662
A Finmeccanica Company