Telenor's annual reporting 2008

Income Statement

Telenor ASA 1 January – 31 December

NOK in millions Note 2009 2008
Revenues 1 748 710
Operating expenses


Salaries and personnel costs 2, 3 (765) (762)
Other operating expenses 4 (1 059) (1 014)
Depreciation, amortisation and impairment losses 8, 9 (80) (133)
Total operating expenses
(1 904) (1 909)
Operating profit (loss)
(1 156) (1 199)
Financial income and expenses


Financial income
7 279 10 542
Financial expenses
(2 494) (4 170)
Net currency gains (losses)
2 594 (3 130)
Net gains (losses and impairment) of financial assets
(1 608) (506)
Net financial income (expenses) 6 5 771 2 736
Profit before taxes
4 615 1 537
Income taxes 7 (1 299) 72
Net income
3 316 1 609
Proposed dividends
4 140 -