BASF Report 2021 Consoli dated Financial Statements – Notes 224 Reversals of impairment losses on noncurrent assets arose in Other operating expensesa 2021 in connection with the planned divestiture of the production Million € site in Quincy, Florida, and the associated attapulgite business. 2021 2020 Restructuring and integration measures 461 809 Income from the reversal of valuation allowances for business- Environmental protection and safety measures, costs of demolition and removal, and project costs not subject to mandatory 523 356 related receivables resulted both from the reversal of impairments capitalization for settled customer receivables for which impairments had been Depreciation, amortization and impairments of noncurrent assets and of the disposal groups 135 2,968 recorded previously as well as from adjusted expectations r egarding Costs from miscellaneous revenue-generating activities 150 213 default on individual customer receivables. Expenses from hedging transactions and LTI programs 62 48 Losses from foreign currency transactions and the translation of financial statements in foreign currencies 163 165 Other income included refunds in the amount of €211 million in Losses from divestitures and the disposal of noncurrent assets 46 51 2021 and €151 million in 2020. This was due in both years to government grants in multiple countries, regional business Expenses from the addition of valuation allowances on business-related receivables 107 69 development subsidies in China, and transaction tax refunds in Expenses for derecognition of obsolete inventory 290 343 Brazil. Additional income resulted in 2021 from compensation for Other 714 1,086 environmental impact in the amount of €165 million and from special Other operating expenses 2,650 6,108 income from the sale of non-capitalized know-how in the amount of a Losses from foreign currency transactions were reported with losses from the translation of financial statements in foreign currencies for the first time; they had previously been combined with expenses from hedging transactions €50 million. In 2020, income was recognized in connection with the and LTI programs. The prior-year figures have been restated accordingly. premature termination of a long-term supply agreement in North America in the amount of €103 million and from insurance refunds. In 2021 and 2020, expenses from restructuring and integration Environmental protection and safety measures, costs of measures were largely attributable to global restructuring activities demolition and removal, and project costs not subject to to improve competitiveness in various operating divisions and site mandatory capitalization were expensed if requirements for closures in Europe and North America (2021: €401 million, 2020: mandatory capitalization pursuant to IFRS were not met. Expenses €435 million). In 2020, this item additionally contained expenses for demolition, removal and project planning totaled €257 million in associated with the restructuring of the Global Business Services 2021 and €218 million in 2020. In both years, these mainly related unit and site closures in Asia Pacific. to the Ludwigshafen site in Germany. Furthermore, expenses of €266 million in 2021 and €138 million in 2020 arose from the addition Expenses from integration measures in the amount of €21 million in to environmental provisions. In both years, these concerned several 2021 related to the integration of the global polyamide business, discontinued sites in North America and, in 2020, additionally a site which had been acquired from Solvay in 2020. In 2020, these in Germany. expenses were €90 million. Furthermore, expenses of €7 million arose in 2021 from the integration of the battery materials business which was acquired in 2021 in China. For more information, see Note 3 from page 207 onward