Norsk Hydro ASA (the parent company) had net income of NOK 1,712 million in 2010 compared with a net loss of NOK 290 million in 2009.
Due to the strong commitment of returning cash to the shareholders and improved market and earnings visibility the board of directors has proposed a dividend of NOK 0.75 per share.
Unrestricted equity after the proposed dividend payment amounted to NOK 26,622 million at the end of the year.
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.
