Consolidated statements of changes in equity
Telenor Group – for the years ended 31 December 2005, 2006 and 2007
Attributable to equity holders of Telenor ASA |
Total | Non-controlling interests 2) | Total equity | ||||
| Total paid in capital 2) | Other reserves 2) | Retained earnings | Cumulative translation differences 2) | ||||
| Balance as of 1 January 2005 | 27 350 | 625 | 13 205 | (605) | 40 575 | 3 954 | 44 529 |
| Translation differences | - | - | - | 525 | 525 | 441 | 966 |
| Business combinations and increased | |||||||
| ownership interests in subsidiaries | - | 1 829 | - | - | 1 829 | - | 1 829 |
| Available-for-sale investment | - | 1 052 | - | - | 1 052 | (4) | 1 048 |
| Cash flow hedges | - | 24 | - | - | 24 | 3 | 27 |
| Equity adjustments in associated companies | - | 1 | - | - | 1 | - | 1 |
| Tax on items taken directly to or transferred from equity | - | (459) | - | (12) | (471) | (1) | (472) |
| Net income (loss) recognised directly in equity | - | 2 447 | - | 513 | 2 960 | 439 | 3 399 |
| Profit for the year 2005 | - | - | 7 646 | - | 7 646 | 1 488 | 9 134 |
| Total recognised income and expense for the period | - | 2 447 | 7 646 | 513 | 10 606 | 1 927 | 12 533 |
| Dividends | - | - | (2 595) | - | (2 595) | (171) | (2 766) |
| Share buy back | (2 267) | - | - | - | (2 267) | - | (2 267) |
| Sale of shares, share issue, and share options to employees | 74 | 6 | - | - | 80 | 5 | 85 |
| Transactions with non-controlling interests in subsidiaries | - | - | - | - | - | 1 419 | 1 419 |
| Balance as of 31 December 2005 | 25 157 | 3 078 | 18 256 | (92) | 46 399 | 7 134 | 53 533 |
| Translation differences | - | - | - | 1 672 | 1 672 | (204) | 1 468 |
| Business combinations and increased | |||||||
| ownership interests in subsidiaries | - | (25) | - | - | (25) | - | (25) |
| Available-for-sale investments: | |||||||
| – Valuation gains (losses) taken to equity | - | 53 | - | - | 53 | 2 | 55 |
| – Transferred to profit or loss on sale | - | (1 794) | - | - | (1 794) | (8) | (1 802) |
| Cash flow hedges: | |||||||
| – Valuation gains (losses) taken to equity | - | (37) | - | - | (37) | (11) | (48) |
| – Transferred to profit or loss for the period | - | (1) | - | - | (1) | - | (1) |
| Tax on items taken directly to or transferred from equity | - | (8) | - | 31 | 23 | 3 | 26 |
| Net income (loss) recognised directly in equity | - | (1 812) | - | 1 703 | (109) | (218) | (327) |
| Profit for the year 2006 – (unaudited) | - | - | 15 920 | - | 15 920 | 2 615 | 18 535 |
| Total recognised income and expense for the period | - | (1 812) | 15 920 | 1 703 | 15 811 | 2 397 | 18 208 |
| Transfer from share premium account | (5 000) | 5 000 | - | - | - | - | - |
| Dividends | - | - | (3 389) | - | (3 389) | (287) | (3 676) |
| Share buy back | (901) | - | - | - | (901) | (28) | (929) |
| Sale of shares, share issue, and share options to employees | 104 | 11 | - | - | 115 | 15 | 130 |
| Equity adjustments in associated companies | - | (42) | - | - | (42) | - | (42) |
| Transactions with non-controlling interests in subsidiaries | - | - | - | - | - | (844) | (844) |
| Kyivstar reclassified to Associated companies 1) | - | - | - | - | - | (3 652) | (3 652) |
| Balance as of 31 December 2006 | 19 360 | 6 235 | 30 787 | 1 611 | 57 993 | 4 735 | 62 728 |
| Translation differences | - | - | - | (5 026) | (5 026) | (145) | (5 171) |
| Business combinations and increased | |||||||
| ownership interests in subsidiaries | - | 7 | - | - | 7 | - | 7 |
| Gain and loss on transactions with non-controlling interests | - | 2 835 | - | - | 2 835 | - | 2 835 |
| Available-for-sale investments: | |||||||
| – Valuation gains (losses) taken to equity | - | 25 | - | - | 25 | (1) | 24 |
| – Transferred to profit or loss on sale | - | (8) | - | - | (8) | - | (8) |
| Cash flow hedges: | |||||||
| – Valuation gains (losses) taken to equity | - | (4) | - | - | (4) | 4 | - |
| – Transferred to profit or loss for the period | - | - | - | - | - | - | - |
| Tax on items taken directly to or transferred from equity | - | (182) | - | (425) | (607) | (1) | (608) |
| Net income (loss) recognised directly in equity | - | 2 673 | - | (5 451) | (2 778) | (143) | (2 921) |
| Profit for the period | - | - | 18 016 | - | 18 016 | 1 187 | 19 203 |
| Total recognised income and expense for the period | - | 2 673 | 18 016 | (5 451) | 15 238 | 1 044 | 16 282 |
| Transfer from share premium account | (5 000) | 5 000 | - | - | - | - | - |
| Dividends | - | (4 201) | - | - | (4 201) | (919) | (5 120) |
| Share buy back | (442) | - | - | - | (442) | (29) | (471) |
| Sale of shares, share issue, and share options to employees | 54 | (14) | - | - | 40 | 14 | 54 |
| Equity adjustments in associated companies | - | 169 | - | - | 169 | - | 169 |
| Transactions with non-controlling interests in subsidiaries | - | - | - | - | - | 1 013 | 1 013 |
| Balance as of 31 December 2007 | 13 972 | 9 862 | 48 803 | (3 840) | 68 797 | 5 858 | 74 655 |