2011 Annual Report 9 The big question for 2011 was can we continue the growth we have seen in 2010 The answer is clear yes. The 2011 results in solar radiation sensor sales show the same as last year growth of more than 15. The business outlook for 2012 does not differ too much from 2011 although the world economy shows some slow down. At the end of 2010 Kipp Zonen contracted a consultant to guide the company through the process of creating a Strategic Plan Planning for Growth. The plan was adopted at the beginning of 2011 and the roll out is in full progress. During the year the company decided to discontinue the investment in Mierij Meteo Nederland BV allowing us to concentrate fully on the strategic markets of Kipp Zonen. Kipp Zonen acts in markets that maintain a high priority position on worldwide political agendas with items such as climate agriculture development hydrology and renewable energy. Better and accurate forecasting of weather helps us in better dealing with weather disasters saving both lives and expense. Better weather forecasting better understanding of water management and research in improving crop yield helps to satisfy the growing need for food. Improving efficiencies in solar energy harvesting brings down costs and creates independence from overreliance on fossil energy resources. Growing markets are China Mediterranean Countries USA and India. In order to meet requirements from Chinese authorities we have started successfully some limited specific manufacturing in China. Kipp Zonen has launched a new range of solar radiation measuring sensors with a smart interface allowing for cost effective interfacing with the control and management systems in solar power plants. The interface supplies compatibility with various industrial standards. In order to catch up with higher demand and need for shorter delivery times we improved capacity in bottle neck areas in the manufacturing process by investing in new climate test chambers and calibration facilities. Furthermore plans are developed to secure the supply of critical components such as optical glass for our sensors. The lookout for 2012 is not as clear as it has been in the previous years. Although we feel comfortable in our markets and about the outlook we will evaluate investments in growth of staff and equipment more carefully and proceed with caution. Ben Dieterink proceed with caution ...we improved capacity in bottle neck areas in the manufacturing process...