23. Translation differences
23. Translation differences
|
Year ended 31 December, |
|
(thousands of €) |
2014 |
2013 |
On 1 January |
170 |
994 |
Translation differences, arisen from translating foreign activities |
460 |
(824) |
Translation differences, arisen from the sale of the service division |
(1,787) |
|
Translation differences on 31 December |
(1,157) |
170 |
Translation differences decreased to a negative of €1.2 million at the end of December 2014 mainly due to the sale of the service division which reported positive translation differences of €2.0 million at the end of December 2013.