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

2015

2014

 

 

 

 

 

 

Development costs

13,668

8,455

Conversion differences

–2,382

–2,945

 

 

 

 

 

 

 

11,286

5,510

 

 

 

Development costs

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

Download XLS

 

 

 

in thousands of EUR

2015

2014

 

 

 

 

 

 

Balance sheet value as at 1 January

8,455

8,651

Transfer of other reserve

5,213

–196

 

 

 

 

 

 

Balance sheet value as at 31 December

13,668

8,455

 

 

 

Conversion differences

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

Download XLS

 

 

 

in thousands of EUR

2015

2014

 

 

 

 

 

 

Balance sheet value as at 1 January

–2,945

–3,535

Exchange results on participating interests

563

590

 

 

 

 

 

 

Balance sheet value as at 31 December

–2,382

–2,945