Taxes other than income taxes break down as follows:
| (in millions of euros) | 2019 | 2018 |
|---|---|---|
| Payroll taxes | Payroll taxes 2019 (250) | Payroll taxes 2018 (297) |
| Energy taxes | Energy taxes 2019 (1,674) | Energy taxes 2018 (1,561) |
| Other non-income taxes | Other non-income taxes 2019 (1,874) | Other non-income taxes 2018 (1,832) |
| TAXES OTHER THAN INCOME TAXES | TAXES OTHER THAN INCOME TAXES 2019 (3,798) | TAXES OTHER THAN INCOME TAXES 2018 (3,690) |
*Restated for the impacts of IFRS 5 concerning the discontinued E&P operations (see note 2.3).
Taxes other than income taxes mainly concern France and essentially comprise land tax and the French business taxes on land and value added.
Other operating income and expenses comprise:
| (in millions of euros) | Notes | 2019 | 2018 |
|---|---|---|---|
| Operating subsidies | Operating subsidies Notes 12.1 | Operating subsidies 2019 7,834 | Operating subsidies 2018 6,846 |
| Net income on deconsolidation | Net income on deconsolidation Notes 12.2 | Net income on deconsolidation 2019 576 | Net income on deconsolidation 2018 194 |
| Gains on disposal of fixed assets | Gains on disposal of fixed assets Notes 12.2 | Gains on disposal of fixed assets 2019 (188) | Gains on disposal of fixed assets 2018 54 |
| Net increase in provisions on current assets | Net increase in provisions on current assets 2019 (107) | Net increase in provisions on current assets 2018 76 | |
| Net increase in provisions for operating contingencies and losses | Net increase in provisions for operating contingencies and losses 2019 (41) | Net increase in provisions for operating contingencies and losses 2018 (132) | |
| Other items | Other items Notes 12.3 | Other items 2019 (1,382) | Other items 2018 (1,036) |
| OTHER OPERATING INCOME AND EXPENSES | OTHER OPERATING INCOME AND EXPENSES 2019 6,692 | OTHER OPERATING INCOME AND EXPENSES 2018 6,002 |
*Restated for the impacts of IFRS 5 concerning the discontinued E&P operations (see note 2.3).
This item mainly comprises the subsidy received or receivable by EDF in respect of the CSPE, reflected in the financial statements through recognition of income of €7,662 million for 2019 (€6,554 million for 2018).
In 2019, net income on deconsolidation and gains on disposal of property, plant and equipment mainly includes:
Other items mainly include costs relating to Energy Savings Certificates used or consumed during the year, and losses consisting of non-recoverable operating receivables. The unfavourable change in other items in 2019 is principally explained by the rising costs related to Energy Savings Certificates, and changes in compensation payable for power cuts associated with weather events of 2019.
| (in millions of euros) | 2019 | 2018 |
|---|---|---|
| NET CHANGES IN FAIR VALUE ON ENERGY AND COMMODITY DERIVATIVES, EXCLUDING TRADING ACTIVITIES | NET CHANGES IN FAIR VALUE ON ENERGY AND COMMODITY DERIVATIVES, EXCLUDING TRADING ACTIVITIES 2019 642 | NET CHANGES IN FAIR VALUE ON ENERGY AND COMMODITY DERIVATIVES, EXCLUDING TRADING ACTIVITIES 2018 (224) |
This item essentially consists of changes over the period in the fair value of derivatives used for economic hedging of commodity purchases or sales that are not eligible for hedge accounting as defined in IFRS 9, and are therefore included directly in profit and loss. The Group report these changes in a specific line of the income statement, “Net changes in fair value on Energy and Commodity derivatives, excluding trading activities” below the operating profit before depreciation and amortisation.
Net changes in fair value on Energy and Commodity derivatives, excluding trading activities, increased from €(224) million in 2018 to €642 million in 2019, principally as a result of Edison’s gas positions and high price volatility on the markets for other commodities, particularly electricity in 2019 (mostly a price effect rather than a volume effect).
