Bittium continued its R&D investments in products and product platforms targeted for the mobile security, defense and public safety markets. R&D investments mainly focused on developing the Bittium Tough Mobile secure LTE smartphone targeted mainly for the demanding mobile security and public safety use. A significant part of these capitalized R&D investments is related to the further development of the Bittium Tough Mobile and the related security software.
R&D investments, MEUR |
2016 12 months
|
2015 12 months
|
Total R&D investments |
6.9 |
7.3 |
Capitalized R&D investments |
-0.9 |
-3.4 |
Depreciations and impairment of R&D investments |
0.3 |
0.2 |
Cost impact on income statement |
6.3 |
4.2 |
R&D investments, % of net sales |
10.8% |
12.9% |
Capitalized R&D investments in balance sheet, MEUR |
2016 12 months
|
2015 12 months
|
Balance sheet value in the beginning of the period |
5.6 |
2.2 |
Additions during the period |
0.9 |
3.4 |
Acquisitions of the business |
0.2 |
0.3 |
Depreciations and impairment of R&D investments |
-0.3 |
-0.2 |
Balance sheet value at the end of the period |
6.4 |
5.6 |