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Customer Advances In Excess Of Costs Incurred On Contracts In Progress | 12 Months Ended
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Dec. 31, 2011
Customer Advances In Excess Of Costs Incurred On Contracts In Progress [Abstract] |
Customer Advances In Excess Of Costs Incurred On Contracts In Progress |
Note 14 - | CUSTOMER ADVANCES IN EXCESS OF COSTS INCURRED ON CONTRACTS IN PROGRESS
|  | December 31, |
|  | 2011 |  |  | 2010 |
Advances received |  | $ | 750,161 |  |  | $ | 637,070 |
Less - |  |  |  |  |  |  |  |
Advances presented under long-term liabilities |  |  | 154,696 |  |  |  | 177,191 |
Advances deducted from inventories |  |  | 150,195 |  |  |  | 101,231 |
|  |  | 445,270 |  |  |  | 358,648 |
Less - |  |  |  |  |  |  |  |
Costs incurred on contracts in progress (See Note 5) |  |  | 38,048 |  |  |  | 55,957 |
|  | $ | 407,222 |  |  | $ | 302,691 |
As for guarantees and liens, See Notes 20(E), 20(G) and 20(I).

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