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42. Statutory reserve

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Amounts in thousands of EUR

2013

2012

 

 

 

Development costs

8,651

9,325

Conversion differences

–3,535

–3,294

 

 

 

 

 

 

 

5,116

6,031

 

 

 

Development costs

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

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Amounts in thousands of EUR

2013

2012

 

 

 

Balance sheet value as at 1 January

9,325

10,167

Transfer of other reserve

–674

–842

 

 

 

 

 

 

Balance sheet value as at 31 December

8,651

9,325

 

 

 

Conversion differences

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

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Amounts in thousands of EUR

2013

2012

 

 

 

Balance sheet value as at 1 January

–3,294

–3,143

Exchange results on participating interests

–241

–151

 

 

 

 

 

 

Balance sheet value as at 31 December

–3,535

–3,294