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Consolidated income statement
Consolidated statement of comprehensive income
Consolidated statement of financial position
Statement of changes in consolidated equity
Consolidated statement of cash flows
Notes to the consolidated financial statements
Annexed tables
Note 21 - Inventories
The item inventories amounted to 6,100 thousand Euros and is detailed below:
(thousand Euros) 31/12/2010 31/12/2009 Change
Contract work in progress 35,979 57,633 (21,654)
Finished products and goods for resale 52 35 17
Advance payments from customers (29,931) (42,584) 12,653
Total 6,100 15,084 (8,984)
Note 22 - Trade receivables
Trade receivables at December 31, 2010 amounted to 189,145 thousand Euros with an increase of 35,420 thousand
Euros.
Trade receivables are shown net of allowances for doubtful accounts amounting to 2,107 thousand Euros at December
31, 2010 (3,035 thousand Euros at December 31, 2009).
(thousand Euros) 31/12/2010 31/12/2009 Change
Domestic receivables 164,164 139,334 24,830
Foreign trade receivables 27,485 17,543 9,942
Credit notes to be issued (397) (117) (280)
Total 191,252 156,760 34,492
Allowance for doubtful accounts (2,107) (3,035) 928
Total trade receivables 189,145 153,725 35,420
The Allowance for doubtful accounts in 2010 developed as follows:
(thousand Euros) 31/12/2009 Accrual Utilized 31/12/2010
Allowance for doubtful accounts 3,035 444 (1,372) 2,107
Trade receivables are all collectible within one year.
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