8. Other operating income and net income from equity-accounted investments

Foreign exchange gains from operating activities were mainly impacted by the development of the USD foreign exchange rate in 2024 and 2023.

Gains from the disposal of businesses, subsidiaries, and tangible and intangible assets related mostly to gains from the divestment of OMV’s 50% share in the Malaysian SapuraOMV Upstream Sdn. Bhd. For further details see Note 4 – Significant changes in Group structure. 2023 gains were mostly related to gains from the divestment of OMV’s filling station and wholesale business in Slovenia.

Following concluded arbitration proceedings in relation to the German gas supply contract with Gazprom Export under International Chamber of Commerce (ICC) rules in November 2024, OMV received an arbitral award that granted damages to OMV which were set off against liabilities under the Austrian gas supply contract. This led to a positive impact of EUR 259 mn in the Consolidated Income Statement, thereof EUR 234 mn reflected in the line items “Other operating income” (included in “Residual other operating income” in the above table) and EUR 25 mn in “Interest income”.

Residual other operating income also contained governmental grants in both years. In addition, the position included storage income related to Erdöl-Lagergesellschaft m.b.H. of EUR 46 mn (2023: EUR 42 mn).

Income from equity-accounted investments was mainly impacted by the Borouge investments and ADNOC Global Trading. Expenses from equity-accounted investments predominantly stemmed from Bayport Polymers LLC, while 2023 was additionally impacted by an impairment within Pearl Petroleum Company Limited. For further details see Note 18 – Equity-accounted investments.