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Disaggregation of revenue
Revenue from the contracts with customers is derived over time and at a point in time in the following revenue types.
Net sales by revenue type
MEUR1–6/20191–6/20182018
Products5595411 145
Goods and services285247557
Projects1 2831 2842 992
Long-term agreements241241480
Total2 3682 3125 174
Timing of satisfying performance obligations
MEUR1–6/20191–6/20182018
At a point in time1 6391 6553 740
Over time7296571 434
Total2 3682 3125 174
Product sales consist of sales of spare parts and standard equipment for which the revenue is recognised at a point in time when the control of the products has transferred to customer, in general at the delivery of the goods.
Goods and services -type of revenue involves short-term field service jobs, which includes the delivery of a combination of service and equipment. The revenue is recognised at a point in time when service is rendered.
Projects contain short-term and long-term projects. Depending on the contract terms and the duration of the project, the revenue is recognised at a point in time or over time. Revenue related to long-term projects, such as construction contracts, integrated solutions projects, ship design, and energy solutions contracts, is recognised over time. Revenue for tailor-made equipment delivery projects is recognised at a point in time.
Long-term agreements contain long-term operating and maintenance agreements for which the revenue is recognised over time.

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