41. Statutory reserve

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Amounts in thousands of EUR

2011

2010

 

 

 

Development costs

11,957

11,062

Conversion differences

–3,143

–3,195

 

 

 

 

 

 

 

8,814

7,867

 

 

 

Development costs

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

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Amounts in thousands of EUR

2011

2010

 

 

 

Balance sheet value as at 1 January

11,062

10,073

Transfer of other reserve

895

989

 

 

 

 

 

 

Balance sheet value as at 31 December

11,957

11,062

 

 

 

Conversion differences

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

  (XLS:) Download XLS

Amounts in thousands of EUR

2011

2010

 

 

 

Balance sheet value as at 1 January

–3,195

–3,311

Exchange results on participating interests

52

116

 

 

 

 

 

 

Balance sheet value as at 31 December

–3,143

–3,195

 

 

 

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