Other operating income was comprised as shown in the following table:
| Other operating income | ||
|---|---|---|
| 2023 | 2024 | |
| € million | € million | |
| Gains on retirements of noncurrent assets | 52 | 67 |
| Reversals of impairment losses on receivables | 3 | 3 |
| Gains from derivatives | 3 | 3 |
| Miscellaneous operating income | 214 | 155 |
| Total | 272 | 228 |
Gains from derivatives in fiscal years 2023 and 2024 resulted from changes in the fair values of embedded derivatives.
Gains on retirements of noncurrent assets mainly result from gains of €46 million (previous year: €0 million) on the sale of intangible assets, primarily in the Performance Materials segment.
Miscellaneous operating income in fiscal 2024 primarily included insurance compensation due to production stoppages in the amount of €55 million (previous year: €75 million), primarily in the Performance Materials segment, and insurance premiums received in the amount of €37 million (previous year: €41 million), which are presented in the “Reconciliation” category. They also include business development subsidies of €26 million (previous year: €53 million) received in China, mainly in the Solutions & Specialties segment.