 |
| (in
TEUR) |
2004 |
2003 |
|
|
|
|
|
| Contract revenue
recognised as sales in the period |
944,988 |
767,380 |
|
| Contract costs incurred
and recognised profits |
|
|
|
| (less recognised losses) to date |
1,344,997 |
1,063,683 |
|
| Advances received and
progress billings |
1,426,880 |
1,063,344 |
|
| Amount of retentions |
1,233 |
1,242 |
|
|
|
|
|
constructioncontracts.htm
constructioncontracts.xls (Download size=15872 Bytes):
"The billings in excess of costs and earnings of projects under construction” represent primarily, payments from customers for work, which is not performed yet.
|
|
|
|
