|
NOK million
|
2011 |
2010 |
2009 |
2008 |
2007 |
| Results: |
|
|
|
|
|
| Total revenue and income |
97,406 |
75,717 |
66,706 |
88,405 |
96,409 |
| Depreciation, amortization and impairment |
4,928 |
2,952 |
3,494 |
4,915 |
3,552 |
| Other expenses |
82,651 |
69,581 |
64,619 |
82,296 |
83,833 |
| Earnings before financial items and tax (EBIT) |
9,827 |
3,184 |
(1,407) |
1,194 |
9,025 |
| Financial income (expense), net |
(1,288) |
522 |
2,774 |
(5,026) |
3,208 |
| Income taxes |
(1,790) |
(1,588) |
(951) |
565 |
(3,075) |
| Income from continuing operations |
6,749 |
2,118 |
416 |
(3,267) |
9,158 |
| Income from discontinued operations |
- |
- |
- |
(247) |
9,447 |
| Minority interest |
(44) |
(230) |
(117) |
(411) |
(408) |
| Net income attributable to equity holders of the parent |
6,705 |
1,888 |
299 |
(3,925) |
18,196 |
| Earnings per share from continuing operations1) |
3.41 |
1.33 |
0.25 |
(3.04) |
7.20 |
|
|
|
|
|
|
|
| Underlying results: |
|
|
|
|
|
| Underlying earnings before financial items and tax (EBIT) |
6,133 |
3,351 |
(2,555) |
6,009 |
10,153 |
| Underlying income from continuing operations |
3,947 |
1,852 |
(3,066) |
3,579 |
8,057 |
| Underlying earnings per share from continuing operations1) |
1.89 |
1.14 |
(2.64) |
2.62 |
6,20 |
|
|
|
|
|
|
|
| Balance sheet: 2) |
|
|
|
|
|
| Current assets from continuing operations |
38,185 |
36,817 |
27,802 |
40,108 |
40,830 |
| Assets held for sale, discontinued operations |
- |
- |
- |
- |
6,741 |
| Non-current assets |
94,368 |
51,971 |
49,797 |
55,049 |
44,474 |
| Total assets |
132,554 |
88,788 |
77,599 |
95,157 |
92,046 |
| |
|
|
|
|
|
| Current liabilities continuing operations |
21,216 |
15,836 |
15,042 |
23,344 |
18,355 |
| Liabilities included in disposal groups, discontinued operations |
- |
- |
- |
- |
2,021 |
| Non-current liabilities continuing operations |
26,170 |
15,706 |
15,361 |
17,673 |
16,662 |
| Total liabilities |
47,386 |
31,542 |
30,403 |
41,016 |
37,038 |
| Equity attributable to equity holders of the parent |
78,180 |
56,221 |
46,169 |
52,808 |
54,049 |
| Minority interest |
6,988 |
1,025 |
1,026 |
1,333 |
959 |
| Total liabilities and equity |
132,554 |
88,788 |
77,599 |
95,157 |
92,046 |
|
|
|
|
|
|
|
| Cash Flow and financial positions: |
|
|
|
|
|
| Net cash provided by operating activities |
7,277 |
6,363 |
4,546 |
2,921 |
14,273 |
| Net cash provided by (used in) investing activities |
(8,764) |
(6,051) |
(5,848) |
(7,335) |
11,764 |
| Net cash provided by (used in) financing activities |
(759) |
7,975 |
668 |
(6,717) |
(10,140) |
| Adjusted net interest-bearing debt/equity2) 3) |
(0.24) |
(0.11) |
(0.32) |
(0,30) |
(0.05) |
|
|
|
|
|
|
|
| Rate of return: |
|
|
|
|
|
| RoaCE, percent4) |
11.8% |
3.8% |
(3.3)% |
0.7% |
14.6% |
| Capital employed |
83,460 |
46,263 |
45,200 |
50,607 |
44,244 |
| Investments5) |
48,025 |
6,231 |
5,947 |
9,012 |
5,206 |
| Number of employees2) |
22,655 |
18,894 |
19,249 |
22,634 |
24,692 |
|
|
|
|
|
|
|
| 1) Computed using the weighted average number of ordinary shares outstanding. There were no diluting elements. |
| 2) As of 31 December |
| 3) Interest-bearing debt + net pension liability (tax adjusted) + operating lease commitments (discounted) + share of debt in joint ventures - cash and cash equivalents - short-term investments divided by sharehodlers' equity + minority interest |
| 4) Return on average capital employed |
| 5) Additions to property, plant and equipment (capital expenditures) plus long-term securities, intangible assets, long-term advances and investments in equity accounted investments |
