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41. Statutory reserve

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Amounts in thousands of EUR

2012

2011

 

 

 

Development costs

9,325

10,167

Conversion differences

–3,294

–3,143

 

 

 

 

 

 

 

6,031

7,024

 

 

 

Development costs

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

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Amounts in thousands of EUR

2012

2011

 

 

 

Balance sheet value as at 1 January

10,167

11,062

Transfer of other reserve

–842

–895

 

 

 

 

 

 

Balance sheet value as at 31 December

9,325

10,167

 

 

 

Conversion differences

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

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Amounts in thousands of EUR

2012

2011

 

 

 

Balance sheet value as at 1 January

–3,143

–3,195

Exchange results on participating interests

–151

52

 

 

 

 

 

 

Balance sheet value as at 31 December

–3,294

–3,143