Note 22 Other income
Amortisation of subsidies
Operating contributions and other income
Lease income from operational leases
Other income in 2019 came in at €40 million (2018: €148 million). The drop in the other income is mainly due to the book profit on the sale of Allego (€105 million) in 2018. Other income is also made up of compensation payments received and miscellaneous income.
Effective 1 June 2018, comparative figures for 2018 include the sale of the entire Allego share capital to Meridiam, a French investment company that specialises in the development, financing and management of long-term and sustainable infrastructure projects. Meridiam also obtained full control of Allego and its subsidiaries with effect from this date.
The purchase price is made up of a lump sum and a deferred payment (due 31 December 2023). The fair value of the deferred amount has been calculated at €26 million. The book profit of €105 million was recognised in other income in 2018.