Ann: Half Yearly Report and Accounts , page-3

The subsidy from page 7 is key imo!
I believe the amount of the subsidy was previously expected mid February, now it is the first quarter!!

"In late October the German State of North-Rhine Westphalia announced a subsidy scheme for mCHP products.
Under the new scheme the North-Rhine Westphalia Government will pay a capital subsidy to commercial
customers and Energy Service Companies who install highly efficient mCHP products of less than 50 kilowatts.
Ceramic Fuel Cells’ BlueGen and integrated mCHP products are strongly positioned to take full advantage of
this scheme.
Based on discussions with the relevant Government bodies, the Company believes that its BlueGen and
integrated mCHP products will be classed as highly innovative cogeneration systems, and therefore eligible for
a subsidy of 45 percent of the extra cost of the product compared to a conventional reference product. The
subsidy is increased to 55 and 65 percent for small and medium sized businesses.
While the precise subsidy amount will be determined by the relevant Government department, and may vary
between customers, the Company believes its products are likely to be eligible for an initial subsidy of
approximately EUR 10,000 per unit. The first applications by customers have been lodged with the department
and it is expected that the first determinations will be made by the end of the first quarter 2013."