Notes to the Consolidated Financial Statement

 

3. Long-term projects  

Consolidated net sales include income recognised on long-term projects totalling EUR 17.1 million in 2011 (EUR 17.7 million in 2010). The consolidated income statement includes income recognised on incomplete long-term projects totalling EUR 11.3 million on 31 December 2011 (EUR 14.3 million on 31 December 2010).The statement of financial position includes advance payments recognised on incomplete long-term projects totalling EUR 0.3 million on 31 December 2011 (EUR 0.8 million on 31 December 2010).