By using our website you agree that we can place cookies on your device. More information including how to disable cookies is available in our Cookie Statement

42. Statutory Reserve

Download XLS

 

 

 

in thousands of EUR

2016

2015

 

 

 

 

 

 

Development costs

20,611

13,668

Conversion differences

–2,071

–2,382

 

 

 

 

 

 

 

18,540

11,286

 

 

Development costs

The movement in the statutory reserve for development costs is as follows:

Download XLS

 

 

 

in thousands of EUR

2016

2015

 

 

 

 

 

 

Balance sheet value as at 1 January

13,668

8,455

Transfer of other reserve

6,943

5,213

 

 

 

 

 

 

Balance sheet value as at 31 December

20,611

13,668

 

 

Conversion differences

The movement in the statutory reserve for conversion differences is as follows:

Download XLS

 

 

 

in thousands of EUR

2016

2015

 

 

 

 

 

 

Balance sheet value as at 1 January

–2,382

–2,945

Exchange results on participating interests

311

563

 

 

 

 

 

 

Balance sheet value as at 31 December

–2,071

–2,382