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- >Note 24
1. Basic information and principles of the report
2. Changes in Group structure
3. Summary of significant accounting policies
4. Risk assessment and management
5. Management of capital
6. Marketable securities
7. Trade accounts receivable
8. Other current assets and current financial assets
9. Inventories
10. Property, plant and equipment
11. Other non-current assets and non-current financial assets
12. Goodwill and intangible assets
13. Short-term debt
14. Other current provisions and liabilities
15. Long-term debt
16. Derivative financial instruments
17. Retirement benefit plans
18. Participation plans
19. Deferred tax assets and liabilities
20. Other non-current provisions and liabilities
21. Contingencies
22. Capital stock and treasury shares
23. Earnings per share
24. Other operating expenses, net
| 2014 | 2013 | |
|---|---|---|
| MCHF | MCHF | |
| Outbound freight costs and duties | 68.2 | 67.0 |
| Energy and maintenance expenses | 74.0 | 74.1 |
| Marketing expenses | 83.8 | 84.2 |
| Administration expenses | 44.2 | 43.1 |
| Other operating expenses | 86.2 | 78.2 |
| Other operating income | -12.5 | -12.1 |
| Total other operating expenses, net | 343.9 | 334.5 |
Other operating income includes, among other things, insurance benefits received, rental income, gains from sales of fixed assets and catering revenues.
In 2014, costs of MCHF 15.3 (PY: MCHF 12.0) were capitalized as property, plant and equipment or intangible assets. This includes in particular tools and assembly lines that are part of the production process, as well as capitalized product development costs. The amount was deducted pro-rata from “personnel expenses”, “cost of materials” and “other operating expenses, net”.