Norwegian annual report 2013

Norwegian Air Shuttle ASA Accounts

Statement of Financial Position
NOTE (NOK 1,000) 2013 2012
  ASSETS    
  Non-current assets    
8 Intangible assets    
  Intangible assets  193 885  212 665
  Total intangible assets  193 885  212 665
       
 9   Tangible assets     
   Buildings   14 966  9 525
   Aircraft, installations and parts   376 353  5 579 757
   Equipment and fixtures   70 743  58 476
   Financial lease asset   21 242  24 562
   Prepayment Boeing contract   2 514 882  2 844 359
   Total tangible assets   2 998 186  8 516 680
       
  Financial assets    
25 Investment in subsidiaries  1 427 276  58 315
26 Investment in associated company  164 575  116 050
27 Investment in shares  82 689  2 689
25 Financial lease receivable  5 990 471  0  
11 Other long term receivables  199 036  135 562
  Total financial assets  7 864 047  312 616
  Total non-current assets  11 056 118  9 041 962
       
  Current assets    
12 Inventory  67 982  68 385
       
  Receivables    
  Accounts receivable  1 680 180  838 755
13,25 Other receivables  689 389  256 560
  Total receivables  2 369 569  1 095 315
       
20 Financial instruments  37 389  0 
27 Investment in shares  11 158  10 172
22 Cash and cash equivalents  1 946 668  1 694 480
  Total current assets  4 432 765  2 868 353
  TOTAL ASSETS  15 488 884  11 910 314

 

NOTE (NOK 1,000) 2013 2012
  EQUITY AND LIABILTIES    
  Equity    
  Paid-in equity    
14,15 Share capital  3 516  3 516
15 Share premium reserve  1 093 549  1 093 549
15 Other paid-in equity  72 711  63 331
  Total paid-in equity  1 169 775  1 160 396
       
15 Retained earnings  1 868 546  1 231 996
  Total equity  3 038 322  2 392 392
       
  Liabilities    
  Provisions    
18 Provision for periodic maintenance  412 737  175 306
7 Deferred tax  518 638  323 517
24 Borrowings  5 736 896  4 166 770
24 Financial lease liability  6 860  10 853
  Total long term liabilities  6 675 130  4 676 446
       
  Short term liabilities    
25 Accounts payable  1 973 078  472 441
  Air traffic settlement liabilities  2 028 631  1 739 765
  Public duties payable  81 260  133 123
20 Financial instruments  0   190 356
24 Short term part of borrowings  768 401  1 349 359
19 Other short term liabilities  924 063  956 432
  Total short term liabilities  5 775 433  4 841 476
  Total liabilities  12 450 563  9 517 923
  TOTAL EQUITY AND LIABILITIES  15 488 884  11 910 314

 

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.