TEL – Consolidated Financial Statements 2002
Press Releases:
The board of directors of Telenor today approved the financial statements for 2002. As announced in the preliminary financial statements for 2002, excess values have been re-allocated for subsidiaries acquired in 2002. Telenor has also decided to write down the remaining book value of the shares in Sponsor Service ASA and reversed the provisions from the settlement with NetCom. The following changes were made compared to the preliminary financial statements decided by the Board of directors on 12. February 2003:
NOK (million)
|
Preliminary |
Final |
||
|
Financial statements |
Change |
Financial statements |
|
|
Operating loss |
(221) |
(99) |
(320) |
|
Net Financial Items |
(2,356) |
(10) |
(2,366) |
|
Profit before taxes and minority interests |
(5,027) |
(109) |
(5,136) |
|
Taxes |
471 |
9 |
480 |
|
Minority Interests |
343 |
15 |
358 |
|
Net Income |
(4,213) |
(85) |
(4,298) |
|
Earnings pr share (basic and diluted) |
(2.374) |
(0.048) |
(2.422) |
The annual report will be made public in the beginning of April.