Norsk Hydro ASA (the parent company) had a profit before tax of NOK 10,644 million in 2008 compared to profits of NOK 9,410 million in 2007.
Directors proposes to forgo a dividend payment for 2008. Therefore, the surplus for 2008 will be transferred to retained earnings.
According to Section 3-3 of the Norwegian Accounting Act, the Board of Directors confirms that the financial statements have been prepared on the assumption of a going concern.