Disclosure Of Other Provisions, Contingent Liabilities And Contingent Assets [Text Block]
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2022-01-01 to 2022-12-31 |
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| Disclosure of other provisions, contingent liabilities and contingent assets [text block] |
Provisions
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| Disclosure of contingent liabilities [text block] |
Contingent losses from development contracts relate to project developments with potential adverse margin expectations. The measurement is based on management’s expectations on sales, revenues for those projects and the completion stage for individual projects. During the reporting period, a total amount of EUR 4,120 thousand has been released and presented in other income due to the termination of the sales projects. An amount of EUR 32,253 thousand has been added based on updated management’s expectations. The balance of the provision for contingent losses from development contracts is short-term and hence does not include any interest component.
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