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Deutsche Telekom AG - Interim Group report - January 1 to March 31, 2011

61Interim consolidated financial statements General and administrative expenses. Q1 2011 millions of € Q1 2010 millions of € Change millions of € Change % FY 2010 millions of € General and administrative expenses (1,106) (1,084) (22) (2.0) (4,672) There was no significant change in general and administrative expenses com- pared with the first quarter of 2010. Other operating income and expenses remained at the same level in the first quarter of 2011 as in the prior-year period. Other operating income/expenses. Q1 2011 millions of € Q1 2010 millions of € Change millions of € Change % FY 2010 millions of € Other operating income 305 304 1 0.3 1,444 Other operating expenses (153) (169) 16 9.5 (2,778) Profit/loss from financial activities. Q1 2011 millions of € Q1 2010 millions of € Change millions of € Change % FY 2010 millions of € Profit (loss) from financial activities (653) (715) 62 8.7 (2,803) Finance costs (584) (597) 13 2.2 (2,499) Interest income 67 139 (72) (51.8) 346 Interest expense (651) (736) 85 11.5 (2,845) Share of profit (loss) of associates and joint ventures accounted for using the equity method (28) 2 (30) n.a. (56) Other financial income (expense) (41) (120) 79 65.8 (248) Loss from financial activities decreased by EUR 0.1 billion year-on-year in the first quarter of 2011. While lower interest income and lower interest expenses cancelled each other out overall, this improvement was primarily attributable to other financial income/expense due to lower expenses from the translation of foreign currency transactions.