fotnote_tab06510-en

Table 2: Main figures for operating and capital accounts and financing. Consolidated municipal accounts.

SB 06510: Main figures for operating and capital accounts and financing. Consolidated municipality accounts.

Explanation of terms

1. Gross operating revenue

The variable includes total operating revenues and consists of all central government reimbursements and grants such as block grants, other grants and reimbursements, all revenues from inhabitants and businesses, for example, income taxes and revenues from sales and hiring and all operating revenues from other municipalities and county municipalities.

Gross operating revenue = Account category 1 and 3, all functions (100…899), types ((600..895) – ( 690,790)).

2. Gross operating expenditure

The variable includes the total operating expenditure including depreciation corrected for accounting duplications caused by further distribution of expenses/internal sales.

Gross operating expenditure = Account category 1 and 3, all functions (100…899), types ((010..480) + 590 - (690, 790)).

3. Gross operating surplus

The variable includes gross operating revenue minus gross operating expenditure.

This term can be used to compare the municipalities’ account with the operating result for companies following the Norwegian Accounting Act.

Gross operating surplus = Account category 1 and 3, all functions (100…899), types ((600..895) - (010..480) + 590).

4. Net instalments

The variable includes received repayments on loans minus expenses on repayment of own loans.

Net instalments = Account category 1 and 3, all functions (100…899), types (920-510).

5. Net interest

The variable includes interest received minus interest paid.

Included in interest received are loss or profit from financial instruments defined as current assets, realised or not realised.

Share dividends and owners’ withdrawals are also included.

Net interest = Account category 1 and 3, all functions (100…899), types ((900-905) - 500).

6. Lending

The variable includes lending of municipality and central government capital to private individuals according to the social laws and for housing establishments, and also lending to business customers.

Lending = Account category 1 and 3, all functions (100…899), type 520.

7. Depreciation

The variable includes charge as an expense in reduction in value in real estate or machinery.

Depreciation = Account category 1 and 3, all functions (100…899), type 590.

8. Net operating surplus

The variable includes gross operating surplus minus net instalments paid on loans and interest payment expenses and lending plus depreciation.

Net operating surplus shows the amount of capital that can be used to finance the investments or go to funds for future use, and therefore this shows the municipalities’ economic room.

Gross operating surplus = Account category 1 and 3. All functions (100…899), types ((600..895) – (010…480)+590).

Net repayment of debt, interest payment and lending = Account category 1 and 3, all functions (100…899), types ((900,905,920 – 500,510,520)).

Contra entry, depreciation = Account category 1 and 3, function 860, type 990.

Capital accounts

9. Gross investment expenditures

The variable includes investment expenditures corrected for expenditures allocated internally and internal sales.

Gross investment expenditures = Account category 0 and 4, all service-functions (100…790), types ((010..500) + 590 – 690,790).

10. Contribution, reimbursement and property sale revenue

The variable includes contribution, reimbursement and property sale revenue from the capital accounts.

Contribution, reimbursement and property sale revenue = Account category 0 and 4, all functions (100…899), types ((600..905)-690,790) + Account category 0 and 4, functions (800..899), types (010…500).

Financing

11. Surplus before loan and allocations

Surplus before loan includes total revenue minus total expenditures. The construction of income and expenses in both operating account and investment account can show if net debt will increase in the balance sheet in the future.

The variable includes surplus before loan and allocations shows the gross operating revenue minus gross operating expenditure excluding depreciation, minus net interest and net investment expenditure.

Gross operating surplus = Account category 1 and 3, all functions (100…899), types ((600..895) – (010..480)+590)).

Contra entry, depreciation = Account category 1 and 3, function 860, type 990.

Net interest = Account category 1 and 3, all functions (100…899), types ((900..905)-500).

Net investment expenditure = Account category 0 and 4, all service-functions (100-790), types ((010..500)-(600..905)).

12. Applied loans

The variable includes use of loans including received instalments on loans and sales of shares and units after the deduction of instalment expenses, lending and expenditures for buying shares and units.

Applied loans (net) = Account category 0 and 4, all functions (100..899), types (( 910+920+929)-(510+520+529)).

13. Application of/allocation to funds

The variable includes the sum of unused accumulated surplus from the previous year, use of applied funds and liquidity reserves subtracted from the sum allocated to the settlement of the previous year’s deficit, additions to the liquidity reserve and the transfers made to the capital account.

Application of/allocation to funds = Account category 1 and 3, all functions (100..899), types

((930+940+950+960)-(530+540+550+560+570)).

Table 2: Main figures for operating and capital accounts and financing. Consolidated municipal accounts. SB 06510: Main figures for operating and capital accounts and financing. Consolidated municipality accounts.	Explanation of terms
1. Gross operating revenue	The variable includes total operating revenues and consists of all central government reimbursements and grants such as block grants, other grants and reimbursements, all revenues from inhabitants and businesses, for example, income taxes and revenues from sales and hiring and all operating revenues from other municipalities and county municipalities. Gross operating revenue = Account category 1 and 3, all functions (100…899), types ((600..895) – ( 690,790)).
2. Gross operating expenditure	The variable includes the total operating expenditure including depreciation corrected for accounting duplications caused by further distribution of expenses/internal sales. Gross operating expenditure = Account category 1 and 3, all functions (100…899), types ((010..480) + 590 - (690, 790)).
3. Gross operating surplus	The variable includes gross operating revenue minus gross operating expenditure. This term can be used to compare the municipalities’ account with the operating result for companies following the Norwegian Accounting Act. Gross operating surplus = Account category 1 and 3, all functions (100…899), types ((600..895) - (010..480) + 590).
4. Net instalments	The variable includes received repayments on loans minus expenses on repayment of own loans. Net instalments = Account category 1 and 3, all functions (100…899), types (920-510).
5. Net interest	The variable includes interest received minus interest paid. Included in interest received are loss or profit from financial instruments defined as current assets, realised or not realised. Share dividends and owners’ withdrawals are also included. Net interest = Account category 1 and 3, all functions (100…899), types ((900-905) - 500).
6. Lending	The variable includes lending of municipality and central government capital to private individuals according to the social laws and for housing establishments, and also lending to business customers. Lending = Account category 1 and 3, all functions (100…899), type 520.
7. Depreciation	The variable includes charge as an expense in reduction in value in real estate or machinery. Depreciation = Account category 1 and 3, all functions (100…899), type 590.
8. Net operating surplus	The variable includes gross operating surplus minus net instalments paid on loans and interest payment expenses and lending plus depreciation. Net operating surplus shows the amount of capital that can be used to finance the investments or go to funds for future use, and therefore this shows the municipalities’ economic room. Gross operating surplus = Account category 1 and 3. All functions (100…899), types ((600..895) – (010…480)+590). Net repayment of debt, interest payment and lending = Account category 1 and 3, all functions (100…899), types ((900,905,920 – 500,510,520)). Contra entry, depreciation = Account category 1 and 3, function 860, type 990.
Capital accounts
9. Gross investment expenditures	The variable includes investment expenditures corrected for expenditures allocated internally and internal sales. Gross investment expenditures = Account category 0 and 4, all service-functions (100…790), types ((010..500) + 590 – 690,790).
10. Contribution, reimbursement and property sale revenue	The variable includes contribution, reimbursement and property sale revenue from the capital accounts. Contribution, reimbursement and property sale revenue = Account category 0 and 4, all functions (100…899), types ((600..905)-690,790) + Account category 0 and 4, functions (800..899), types (010…500).
Financing
11. Surplus before loan and allocations	Surplus before loan includes total revenue minus total expenditures. The construction of income and expenses in both operating account and investment account can show if net debt will increase in the balance sheet in the future. The variable includes surplus before loan and allocations shows the gross operating revenue minus gross operating expenditure excluding depreciation, minus net interest and net investment expenditure. Gross operating surplus = Account category 1 and 3, all functions (100…899), types ((600..895) – (010..480)+590)). Contra entry, depreciation = Account category 1 and 3, function 860, type 990. Net interest = Account category 1 and 3, all functions (100…899), types ((900..905)-500). Net investment expenditure = Account category 0 and 4, all service-functions (100-790), types ((010..500)-(600..905)).
12. Applied loans	The variable includes use of loans including received instalments on loans and sales of shares and units after the deduction of instalment expenses, lending and expenditures for buying shares and units. Applied loans (net) = Account category 0 and 4, all functions (100..899), types (( 910+920+929)-(510+520+529)).
13. Application of/allocation to funds	The variable includes the sum of unused accumulated surplus from the previous year, use of applied funds and liquidity reserves subtracted from the sum allocated to the settlement of the previous year’s deficit, additions to the liquidity reserve and the transfers made to the capital account. Application of/allocation to funds = Account category 1 and 3, all functions (100..899), types ((930+940+950+960)-(530+540+550+560+570)).