Income statistics for petroleum companies

1   Income and taxes for companies which are carrying out oil and gas extraction and transport via pipelines1. 1997-2001. Million NOK
  1997 1998 1999 2000 2001
Calculation of ordinary income          
Income before financial items and special deductions in income2 55 277 21 708 46 607  140 152  140 781
+ Financial items and special deductions in income3 -8 935 -6 323 -8 406 -10 289 -6 321
Net income on shelf 46 342 15 386 38 201  129 863  134 460
Deficit/financial expenditure from previous years4  935  369 1 559 3 328 1 511
           
Ordinary income 45 407 15 017 36 643  126 534  132 949
Positive (taxable) income 45 755 16 587 37 999  127 037  133 322
Negative income  348 1 571 1 356  502  373
           
Assessed taxes on income 12 811 4 644 10 640 35 570 37 330
           
Calculation of income liable to special tax          
Ordinary income 45 755 16 587 37 999  127 037  133 322
- Uplift from 2000 10 788 6 619 8 588 10 513 11 825
- Uplift and remuneration for manufacturing carried forward from previous years 3 397 22 3 020 5 664  705
+ Other corrections5  816  308  850 1 904 1 362
Income liable to special tax 32 385 10 255 27 240  112 765  122 153
           
Assessed special taxes 16 193 5 128 13 620 56 382 61 077
           
Total assessed taxes on income 29 004 9 772 24 260 91 953 98 407
           
Number of companies assessed by the rules 36 36 35 36 37
1  Assessed by the Petroleum Tax Office pursuant to the Petroleum Tax Act.
2  Reduced for deficit from other activities.
3  Include inter alia corrections for deductions made with reference to section 6-42 of the general Tax Act and section 3h of the Petroleum Tax Act.
4  Deficit/financial expenditure from previous years also includes special deductions made with referance to section 10 of the Petroleum Tax Act.
5  Other corrections include inter alia deductions made with reference to section 6-42 of the general Tax Act and deficit from other activities.

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