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OTHER NON-OPERATING LOSSES, NET
12 Months Ended
Dec. 31, 2017
OTHER NON-OPERATING LOSSES, NET  
OTHER NON-OPERATING LOSSES, NET

11 OTHER NON-OPERATING LOSSES, NET

        Other non-operating (losses) / gains consisted of the following for the years ended December 31:

                                                                                                                                                                                    

 

     

2017

     

2016

     

2015

 

Loss from early debt redemption

 

 

(124

)

 

 

 

4

 

Change of fair value of embedded derivative

 

 

(6

)

 

12

 

 

 

Change of fair value of other derivatives

 

 

(13

)

 

(120

)

 

(15

)

Impairment loss of other financial assets

 

 

(20

)

 

 

 

(1

)

Gains relating to past acquisitions and divestments

 

 

70

 

 

 

 

 

Other (losses) / gains

 

 

(4

)

 

26

 

 

(30

)

​  

​  

​  

​  

​  

​  

Other non-operating losses, net

 

 

(97

)

 

(82

)

 

(42

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        Loss from early debt redemption relates to the settlement of the cash tender offer for certain outstanding debt securities, see Note 17 for further details.

        The change in fair value of other derivatives mainly relates to derivatives in Russia (refer to Note 17).

        Included in 'Gains relating to past acquisitions and divestments' is a net gain of US$45 pertaining to indemnification from a past business acquisition, and a gain of US$25 as a result of an increase in cash consideration receivable pertaining to the disposal of Italy operations in 2016.