Norwegian annual report 2013

Consolidated Accounts

Consolidated Income of Financial Position
NOTE (NOK 1,000) 2013 2012
  ASSETS    
  Non-current assets    
10 Intangible assets 225 270 237 774
9 Deferred tax asset 28 517 4 293
11 Aircraft, parts and installations on leased aircraft 7 526 707 5 579 757
11 Equipment and fixtures 72 972 58 476
11 Buildings 14 966 9 525
11 Financial lease asset 21 242 24 562
3,20 Financial assets available for sale 82 689 2 689
26 Investment in associate 164 575 116 050
11 Prepayment to aircraft manufacturers 2 514 882 2 844 359
13 Other receivables 199 036 135 562
  Total non-current assets 10 850 858 9 013 047
       
  Current assets    
14 Inventory 74 135 68 385
13 Trade and other receivables 1 623 079 1 096 558
3,20 Derivative financial instruments 37 389 0
3,20 Financial assets available for sale 11 158 10 172
24 Cash and cash equivalents 2 166 126 1 730 895
  Total current assets 3 911 887 2 906 011
  TOTAL ASSETS 14 762 744 11 919 058

 

NOTE (NOK 1,000) 2013 2012
  EQUITY AND LIABILTIES    
15 Equity    
  Share capital 3 516 3 516
  Share premium 1 093 549 1 093 549
  Other paid-in equity 72 744 63 365
  Other reserves -11 102 -9 335
  Retained earnings 1 591 119 1 269 556
  Total equity 2 749 827 2 420 652
       
  Non-current liabilities    
18 Pension obligation 127 821 0
19 Provision for periodic maintenance 412 737 175 306
9 Deferred tax 443 991 301 042
22 Borrowings 5 736 896 4 166 854
22 Financial lease liability 6 860 10 853
  Total non-current liabilities 6 728 304 4 654 055
       
  Short term liabilities    
22 Short term part of borrowings 768 401 1 349 359
21 Trade and other payables 1 949 693 1 564 955
  Air traffic settlement liabilities 2 566 519 1 739 681
3,20 Derivative financial instruments 0 190 356
9 Tax payable 2 0
  Total short term liabilities 5 284 614 4 844 352
  Total liabilities 12 012 918 9 498 407
  TOTAL EQUITY AND LIABILITIES 14 762 744 11 919 058

 

 

Fornebu, 26 March 2014

Bjørn H. Kise Ola Krohn-Fagervoll
(Chairman of the Board) (Deputy Chairman)
   
Liv Berstad Marianne Wergeland Jenssen
(Board Member) (Board Member)
   
Thor Espen Bråten Kenneth Utsikt
(Employee Representative) (Employee Representative)
   
Linda Olsen Bjørn Kjos
(Employee Representative) (Chief Executive Officer)
   
The notes are an integral part of these consolidated financial statements.