Second quarter

First half year

Year

NOK in million

2024

2023

2024

2023

2023

Service revenues

16 320

15 832

32 093

30 655

62 540

Organic service revenue growth (%)

5%

4%

5%

4%

4%

Total Revenues

19 936

20 224

39 393

39 411

80 452

Organic revenue growth (%)

1%

3%

1%

4%

3%

Operating expenses

(6 880)

(6 777)

(13 584)

(13 218)

(26 832)

EBITDA before other income and other expenses

8 790

8 767

17 295

16 846

34 564

Organic EBITDA growth (%)

4%

4%

5%

3%

3%

Operating profit

4 366

4 374

9 996

8 209

16 964

Net income from associates and joint ventures

194

(100)

7 489

(291)

(8 466)

Net income attributable to equity holders of Telenor ASA

2 540

821

14 100

18 967

13 734

Capex excl. lease

3 068

3 437

6 205

6 971

12 731

Free cash flow before M&A

2 203

(191)

5 491

242

9 490

Total Free cash flow

2 175

(518)

7 587

5 147

15 003

Leverage

2.3

2.4

2.3

2.4

2.2