Telenor's annual reporting 2007Annual review 2007



Income Statement

Telenor ASA 1 January – 31 December

NOK in millions Note 2007 2006 2005
Revenues 1 592 540 681
Operating expenses
Cost of materials (18) (17) (16)
Salaries and personnel costs 2, 3 (652) (637) (603)
Other operating expenses 4 (918) (870) (758)
Depreciation, amortisation and write-downs 8, 9 (93) (96) (50)
Total operating expenses (1 681) (1 620) (1 427)
Operating profit (loss) (1 089) (1 080) (746)
Financial income 7 386 7 062 5 711
Financial expenses (3 510) (2 345) (1 509)
Net currency gains (losses) 338 (179) 158
Net gain (losses and write-downs) of financial assets 2 013 218 (672)
Net financial items 6 6 227 4 756 3 688
Profit before taxes 5 138 3 676 2 942
Taxes 7 (78) (880) (754)
Profit 5 060 2 796 2 188
Proposed dividends 5 713 4 201 3 387