|
Key figures
(NOK in millions except net income per share)
| PROFIT AND LOSS |
2004 |
2003 |
2002 |
2001 |
2000 |
 |
| Revenues |
60,752 |
52,889 |
48,668 |
40,604 |
36,530 |
|
| Gains on disposal of fixed assets and operations |
550 |
232 |
158 |
5,436 |
1,042 |
|
| Total revenues |
61,302 |
53,121 |
48,826 |
46,040 |
37,572 |
|
| Operating expenses |
54,700 |
45,561 |
49,146 |
42,863 |
33,943 |
|
| Operating profit (loss) |
6,602 |
7,560 |
(320) |
3,177 |
3,629 |
|
| Associated companies |
718 |
1,231 |
(2,450) |
8 237 |
(692) |
|
| Net income (loss) |
5,358 |
4,560 |
(4,298) |
7,079 |
1,076 |
|
| Net income (loss) per share in NOK – basic |
3,07 |
2,57 |
(2,42) |
3,99 |
0,75 |
|
| |
|
|
|
|
|
| US GAAP |
|
|
|
|
|
|
| Revenues |
67,801 |
52,826 |
47,879 |
40,581 |
36,481 |
|
| Net income (loss) |
5,639 |
5,036 |
(3,658) |
7,004 |
1, 082 |
|
| Net income (loss) per share in NOK – basic |
3.22 |
2.84 |
(2.06) |
3.95 |
0.76 |
|
| |
|
|
|
|
|
| BALANCE AT 31 DECEMBER |
2004 |
2003 |
2002 |
2001 |
2000 |
|
| Total fixed assets |
71,359 |
68,346 |
74,162 |
66,095 |
80,881 |
|
| Total current assets |
16,735 |
17,764 |
15,296 |
16,528 |
12,804 |
|
| Total assets |
88,094 |
86,110 |
89,458 |
82,623 |
93,685 |
|
| Shareholders equity |
37,594 |
37,237 |
33,685 |
42,144 |
35,474 |
|
| Minority interests |
4,074 |
3,646 |
3,603 |
3,539 |
2,706 |
|
| Total equity and minority interests |
41,668 |
40,883 |
37,288 |
45,683 |
38,180 |
|
| Total long-term liabilities and provisions |
24,294 |
25,102 |
26,772 |
15,866 |
15,285 |
|
| Total short-term liabilities |
22,132 |
20,125 |
25,398 |
21,074 |
40,220 |
|
| Total liabilities |
46,426 |
45,227 |
52,170 |
36,940 |
55,505 |
|
| Total equity and liabilities |
88,094 |
86 110 |
89,458 |
82,623 |
93,685 |
|
| |
|
|
|
|
|
| US GAAP |
|
|
|
|
|
|
| Total assets |
101,171 |
101,088 |
97,511 |
90,129 |
99,776 |
|
| Total long-term liabilities |
34,882 |
39,255 |
33,957 |
24,758 |
46,972 |
|
| Total equity and minority interests |
42,430 |
42,535 |
35,799 |
42,944 |
36,304 |
|
| |
|
|
|
|
|
| CASH FLOW AND OTHER KEY FIGURES |
2004 |
2003 |
2002 |
2001 |
2000 |
|
| Net cash flow from operating activities |
18,991 |
13,676 |
12,858 |
6,993 |
5,915 |
|
| Net cash flow from investment activities |
(13,031) |
(3,454) |
(21,727) |
20,891 |
(47,308) |
|
| Net cash flow from financing activities |
(8,255) |
(7,887) |
8,641 |
(24,366) |
41,558 |
|
| Investments: |
|
|
|
|
|
|
| - Capex 1) |
12,745 |
6,454 |
8,889 |
11,634 |
10,421 |
|
| - Investments in activities 2) |
5,809 |
563 |
12,411 |
7,212 |
40,251 |
|
| EBITDA 3) |
20,821 |
18,302 |
13,469 |
14,250 |
9,563 |
|
| |
|
|
|
|
|
| RECONCILIATIONS |
2004 |
2003 |
2002 |
2001 |
2000 |
|
| Net income (loss) |
5,358 |
4,560 |
(4,298) |
7,079 |
1,076 |
|
| Minority interests |
1,244 |
490 |
(358) |
(721) |
66 |
|
| Taxes |
2,244 |
2,376 |
(480) |
3,897 |
861 |
|
| Net financial items |
(1,526) |
1,365 |
2,366 |
1,159 |
934 |
|
| Associated companies |
(718) |
(1,231) |
2,450 |
(8,237) |
692 |
|
| Depreciation and amortization |
11,623 |
10,597 |
10,236 |
7,251 |
5,821 |
|
| Write-downs |
2,596 |
145 |
3,553 |
3,822 |
113 |
|
| EBITDA |
20,821 |
18,302 |
13,469 |
14,250 |
9,563 |
|
| |
1) Capex is investments in tangible and
intangible assets
2) Consists of aquisitions of shares and paticipations including aquisition
of subsidiaries and businesses not organized as separate companies
3) Operating profit before depreciation, amortization and write-downs |
|
