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This is an archived release.
NOK 770 billion of assets in foreign countries
At the end of the fourth quarter 2006, the largest non-financial Norwegian companies had assets in foreign countries valued at almost NOK 770 billion. This was a decrease of NOK 82 billion or 9.7 per cent from the third quarter of 2006.
Compared with the fourth quarter of 2005, there was an increase in foreign assets of NOK 47.4 billion, or 6.6 per cent. It is mainly the value of current assets (bank deposits, short-term receivables, securities, etc.) that fluctuates between the quarters, while the value of fixed assets has increased through all quarters since 2005. Fixed assets include investments in foreign group companies.
Total external liabilities amounted to NOK 500 billion at the end of the fourth quarter 2006, a decrease of NOK 39 billion from the third quarter. The decrease in long-term liabilities was NOK 10 billion, while the short-term liabilities decreased by NOK 29 billion.
About the statistical basis The statistics are based on a survey of the 500 largest non-financial companies. The size of the company is measured by assets and liabilities in foreign countries, shares in foreign countries and shares owned by foreigners.
The data are based on accounting legislation, and the values do not necessarily give a good picture of the real or market value of the assets. |
Tables:
- Table 1 Assets and liabilities in foreign countries, by category. Million kroner. Preliminary figures
- Table 2 Assets and liabilities in foreign countries, by category. Percentage distribution. Preliminary figures
- Table 3 Liabilities in foreign countries, by category. Percentage distribution. Preliminary figures
- Table 4 Assets in foreign countries, by category. Percentage distribution. Preliminary figures
Find more figures
Find detailed figures from Accounting statistics, non-financial enterprises foreign financing
Contact
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Glenn Cato Andersen
E-mail: glenn.andersen@ssb.no
tel.: (+47) 40 90 24 37
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Salah Eddine Ziade
E-mail: salah.ziade@ssb.no
tel.: (+47) 21 09 48 35
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Simen Jansen Maal
E-mail: simen.maal@ssb.no
tel.: (+47) 21 09 42 17