The economic development of the Laser Zentrum Hannover e.V. in the year 2011 is represented by the following financial statement.
In 2011, the operating efficiency (turnover) amounted to 17.691 million € (previous year: 17.852 million €). The turnover consists of project revenues from the industry, the Federal Government, the state of Lower Saxony, the EU, and others amounting to 14.291 million € (previous year: 15.052 million €), as well as basic financing by Lower Saxony amounting to 3.400 million € (previous year: 2.800 million €).
The self-financing rate was 78% (previous year: 85%). The Lower Saxony Ministry of Economics, Technology and Transport provided 158 K€ for operational safety and fire protection (previous year: 155 K€).
The investment expenditure amounted to 3.454 million € (previous year: 3.486 million €) and constituted 20% of the operational expenditure for the fiscal year (previous year: 19%).
Classification of Revenues
In 2011, the LZH worked on 119 research and development projects. 34 R&D projects were granted in 2011, two of these on a European level.