(in millions of euros) |
2017 | 2016 | 2015 |
Income from universal service |
8 | 10 | 18 |
Late-payment fees on trade receivables |
32 | 58 | 45 |
Brand & management fees (1) |
14 | 24 | 93 |
Tax credits and subsidies |
40 | 70 | 39 |
Proceeds from the disposal of fixed assets |
88 | 126 | 58 |
Net banking income |
76 | 21 |
- |
Other income |
443 | 430 | 389 |
Total |
701 | 739 | 642 |
(1) Invoiced to certain unconsolidated entities. |
Net banking income (NBI) represents the net income and expenses of Orange Bank’s banking operations. It is prepared in accordance with accounting practices that are commonly used in France in the banking sector.
Other income is predominantly comprised of income on impaired trade receivables, income relating to line damages, penalties and customer reimbursements.