1. Long-term projects

Notes to the Consolidated Financial Statements

1. Long-term projects  

The reported consolidated net sales include income recognised on long-term projects totalling EUR 20.4 million in 2016 (EUR 15.4 million in 2015). The consolidated income statement included income recognised on incomplete long-term projects totalling EUR 10.7 million on 31 December 2016 (EUR 8.5 million 31 December 2015). The statement of financial position includes advance payments recognised on incomplete long-term projects totalling EUR 0.4 million on 31 December 2016 (EUR 0.3 million on 31 December 2015).