No impairment of non-financial assets was recorded in the nine-month period ended September 30, 2014.

In the first nine months of 2014, the Group early terminated three sale and leaseback transactions. As a result of the early terminations, kEUR 694 of liabilities were extinguished, kEUR 401 of deferred income was recognized as other operating income, and kEUR 47 of extinguishment loss was recognized in finance expense.

In the first nine months of 2013, the Group entered into sale and leaseback transactions for four self-produced 3D printers with a total value of kEUR 1,900. Related manufacturing costs were kEUR 851. The gain of kEUR 1,049 was deferred and is amortized over the respective lease term. No sale and leaseback transactions occurred in the first nine months of 2014.

Leases of 3D printers are non-cash transactions for purposes of the consolidated statement of cash flows.

6. Financial instruments

The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

The fair values and carrying amounts of financial assets categorized as loans and receivables and available for sale securities for the considered reporting periods were as follows:

		09/30/2014				12/31/2013
		carrying amount		fair value		carrying amount		fair value
Thousands of Euros
Loans and receivables
Cash and cash equivalents		10,217		10,217		33,459		33,459
Trade receivables		1,476		1,476		1,003		1,003
Financial assets		1,692		1,689		2,305		2,287
Available for sale
Financial assets		44,997		44,997		-		-
Total		58,382		58,379		36,767		36,749

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