Consolidated Income Statement

Transcription

1 /page 18/ Consolidated Income Statement NOK in millions, except per share amounts Note Revenues Operating expenses Costs of materials and traffic charges 7 (29 187) (27 541) Salaries and personnel costs 8 (10 775) (10 814) Other operating expenses 9, 11 (29 000) (29 635) Other income (expenses) 10 (868) (485) Depreciation and amortisation 12 (14 402) (15 309) Impairment losses 12 (7 823) (4 340) Operating profit Share of net income from associated companies Gain on disposal of associated companies Financial income and expenses Financial income Financial expenses 13 (2 812) (2 207) Net currency gains (losses) 13 (156) (277) Net change in fair value of financial instruments at fair value through profit or loss Net gains (losses and impairment) of financial assets and liabilities 13 (7) 52 Net financial income (expenses) 13 (1 683) (1 593) Profit before taxes Income taxes 14 (1 735) (5 358) Net income Net income attributable to: Non-controlling interests Equity holders of Telenor ASA Earnings per share in NOK Basic Diluted

2 /page 19/ of Comprehensive Income Net income Other comprehensive income (loss) Translation differences on net investments in foreign operations 25 (4 587) (1 196) Income taxes (124) Amount reclassified from equity to profit and loss on disposal Net gain (loss) on hedge of net investments Income taxes 14 (374) (1) Net gain on available-for-sale investments Amount reclassified from equity to profit and loss on disposal 25 5 (55) Share of other comprehensive income (loss) from associated companies 25 (1 540) (210) Amount reclassified from equity to profit and loss on disposal Other comprehensive income (loss), net of taxes (5 020) (622) Total comprehensive income (loss) Total comprehensive income (loss) attributable to: Non-controlling interests 273 (246) Equity holders of Telenor ASA

3 /page 20/ of Financial Position Telenor Group as of 31 December Assets Deferred tax assets Goodwill 16, Intangible assets Property, plant and equipment Associated companies Other non-current assets Total non-current assets Prepaid taxes Inventories Trade and other receivables Other financial current assets Assets classified as held for sale - 86 Cash and cash equivalents Total current assets Total assets Equity and liabilities Equity attributable to equity holders of Telenor ASA Non-controlling interests Total equity Liabilities Non-current interest-bearing financial liabilities Non-current non-interest-bearing financial liabilities Deferred tax liabilities Pension obligations Other provisions Total non-current liabilities Current interest-bearing financial liabilities Trade and other payables Current tax payables Current non-interest-bearing liabilities Provisions and obligations Total current liabilities Total equity and liabilities Fornebu, 21 March 2013 svein Aaser Chairman liselott Kilaas Deputy Chairman Hallvard Bakke Dr. Burckhard Bergmann Frank Dangeard sally Davis Dag J. Opedal Board member Board member Board member Board member Board member Barbara Milian Thoralfsson Bjørn André Anderssen Brit Østby Fredriksen Harald Stavn Jon Fredrik Baksaas Board member Board member Board member Board member president & CEO

4 /page 21/ of Cash Flows Profit before taxes Income taxes paid (6 041) (5 932) Net (gain) loss from disposals, impairments and change in fair value of financial assets and liabilities (523) (104) Depreciation, amortisation and impairment losses Share of net income and gain on disposal of associated companies (4 043) (3 776) Dividends received from associated companies Changes in inventories (236) 89 Changes in trade receivables and prepayments from customers (426) (292) Changes in trade payables Difference between expensed and paid pensions Net currency losses not relating to operating activities Changes in other operating working capital Net cash flow from operating activities Proceeds from sale of property, plant and equipment and intangible assets Purchases of property, plant and equipment and intangible assets (16 892) (13 261) Proceeds from disposal of subsidiaries and associated companies, net of cash disposed Purchases of subsidiaries and associated companies, net of cash acquired 24 (7 533) (393) Proceeds from sale of other investments Purchases of other investments (628) (2 343) Net cash flow from investing activities (22 918) (14 451) Proceeds from borrowings Repayments of borrowings (17 176) (8 589) Proceeds from issuance of shares, including from non-controlling interests in subsidiaries - 1 Purchase of treasury shares 25 (4 022) (4 535) Repayment of equity and dividends paid to non-controlling interests in subsidiaries 24, 25 (6 015) (2 624) Dividends paid to equity holders of Telenor ASA 25 (7 925) (6 206) Net cash flow from financing activities (4 723) (12 868) Effects of exchange rate changes on cash and cash equivalents (456) (481) Net change in cash and cash equivalents (4 095) (706) Cash and cash equivalents as of 1 January Cash and cash equivalents as of 31 December

5 /page 22/ of Changes in Equity Telenor Group for the years ended 31 December 2011 and 2012 Attributable to equity holders of Telenor ASA NOK in millions Paid-in capital 1) Other reserves 1) Retained earnings Cumulative translation differences 1) Total Noncontrolling interests 1) Total equity Equity as of 1 January (5 800) Net income for the period Other comprehensive income for the period (484) (324) (298) (622) Total comprehensive income for the period (484) (246) Transactions with non-controlling interests - (99) - - (99) (163) (262) Equity adjustments in associated companies Dividends - - (6 206) - (6 206) (5 033) (11 239) Share buy back (294) (4 241) - - (4 535) - ( 4 535) Share-based payment, exercise of share options and distribution of shares Equity as of 31 December (6 284) Net income for the period Other comprehensive income for the period - (1 522) - (3 551) (5 074) 54 (5 020) Total comprehensive income for the period - (1 522) (3 551) Transactions with non-controlling interests - (3 267) - - (3 267) Equity adjustments in associated companies Dividends - - (7 925) - (7 925) (3 678) (11 603) Share buy back (249) (3 773) - - (4 022) - (4 022) Share-based payment, exercise of share options and distribution of shares Equity as of 31 December (3 456) (9 835) ) See note 25