The fair value of long-term debt was determined using discounted cash flow models based on the relevant forward interest rate yield curves. The fair value of finance lease obligations was determined using discounted cash flow models on market interest rates available to the Company for similar transactions at the relevant date.

Due to their short maturity and the current low level of interest rates, the carrying amounts of credit lines and bank overdrafts approximate fair value.

10. Other liabilities and provisions

Other liabilities and provisions comprise of advance payments received from customers, amounting to kEUR 2,108 at September 30, 2015 (December 31, 2014: kEUR 294).

In addition, as of September 30, 2015, the amount related to the LTCIP included in other liabilities and provisions on our consolidated statements of financial position was kEUR 1,882 compared to kEUR 751 as of December 31, 2014. With effect in Q3 2015, management considered downward modification of the performance criteria when re-measuring the LTCIP liability. As a result of the modification, there is no release into income of previously accrued liability of kEUR 1,209. The increase primarily reflects the change in estimate in the first quarter of 2015 regarding the achievement of the targets regarding the second performance period and the lowering of performance targets in the third quarter. On September 30, 2015, the Company granted additional 131 award units to existing employees.

Moreover, the accrual regarding variable remuneration for the sales force as well as for management and employees from other departments in an amount of kEUR 1,056 (December 31, 2014: kEUR 0), contributed to the increase.

11. Segment reporting

The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.

			Three months ended September 30,
			2015										2014
			(€ in thousands)
			SYSTEMS				SERVICES						SYSTEMS				SERVICES
Revenues			1 461				3 249						2 264				1 492
Gross profit			442				1 096						803				595
Gross profit in %			30,3%				33,7%						35,5%				39,9%

			Nine months ended September 30,
			2015										2014
			(€ in thousands)
			SYSTEMS				SERVICES						SYSTEMS				SERVICES
Revenues			6 211				9 572						4 810				4 415
Gross profit			1 846				3 405						1 494				1 843
Gross profit in %			29,7%				35,6%						31,1%				41,7%

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