Statistics Norway

State enterprises, accounting figures

1   Statistics of accounts - local government-owned rehabilitation enterprises. 2000-2002 (mill. NOK)
  2000 Per cent 2001 Per cent 2002 Per cent
Income statement            
Operating income 2 622  100 4 378  100 4 403  100
Revenue 1 597 60.9 2 661 60.8 2 644 60.1
Public subsidy  889 33.9 1 609 36.8 1 506 34.2
Other operating income  136 5.2  107 2.4  254 5.8
             
Operating expenses 2 612 99.6 4 296 98.1 4 287 97.4
Raw materials and consumables used  665 25.4 1 257 28.7 1 156 26.3
Payroll expense 1 356 51.7 2 164 49.4 2 225 50.5
Depreciation and amortisation expense  115 4.4  178 4.1  176 4
Other operating expenses  476 18.2  698 15.9  730 16.6
             
Operating profit 10 0.4 82 1.9  116 2.6
             
Financial income 28 1.1 50 1.1 57 1.3
Financial expense 50 1.9 80 1.8 82 1.9
             
Operating result before tax -12 -0.5 52 1.2 91 2.1
             
Tax payable 1 0 1 0 1 0
Changes in postpone tax 0 0 0 0 0 0
             
Operating result -12 -0.5 51 1.2 90 2
             
Extraordinary income 19 0.7 7 0.2 49 1.1
Extraordinary expense 2 0.1 6 0.1 7 0.2
             
Net profit for the year 5 0.2 52 1.2  132 3
             
Balance sheet            
Fixed assets 1 228 57.8 1 996 55.9 2 029 55.8
Tangible fixed assets, intangible fixed assets 1 188 55.9 1 896 53.1 1 944 53.5
Long-term receivables 26 1.2 58 1.6 35 1
Shares and bonds 13 0.6 42 1.2 50 1.4
             
Current assets  896 42.2 1 576 44.1 1 604 44.2
Inventories  238 11.2  439 12.3  425 11.7
Accounts receviables  213 10  361 10.1  341 9.4
Other receviables 65 3.1  138 3.9  108 3
Shares and bonds 6 0.3 13 0.4 12 0.3
Cash and bank deposits  374 17.6  624 17.5  718 19.8
             
Assets 2 124  100 3 572  100 3 633  100
             
Equity  920 43.3 1 664 46.6 1 869 51.4
Share equity  135 6.4  203 5.7  206 5.7
Other invested equity 73 3.4 75 2.1  133 3.7
Other retained earnings  712 33.5 1 386 38.8 1 529 42.1
             
Long term liabilities  723 34 1 088 30.5  944 26
             
Short term liabilities  481 22.6  820 23  820 22.6
Convertible loans 28 1.3 67 1.9 57 1.6
Trade creditors  149 7.0  227 6.4  215 5.9
Other short-time liabilities  304 14.3  526 14.7  548 15.1
             
Equity and liabilities 2 124  100 3 572  100 3 633  100
             
Nøkkeltall            
Antall foretak    248    317    313
Antall sysselsatte/ personer på tiltak   11 668   15 049   14 880
Totalkapitalrentabilitet (pst)   1.9   4.6   4.8
Egenkapitalrentabilitet e/ skatt (pst)   -1.4   3.9   5.1
Finansieringsgrad 1   0.75   0.73   0.72
Likviditetsgrad 1   1.86   1.92   1.96
Arbeidskapital (kr)    415    756    784
Egenkapitalprosent   43.3   46.6   51.4
Gjeldsgrad   1.31   1.15   0.94

Explanation of symbols