You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Consolidated statement of financial position<br />
As of 31 December<br />
(All amounts in USD 1 000 if not otherwise stated) Notes 2009 2008<br />
ASSETS<br />
Non-current assets<br />
Property, plant and equipment 12 427 232 252 702<br />
Intangible assets 12 7 647 16 371<br />
Investment in joint venture 13 9 784 15 023<br />
Non-current receivables 14 32 818 50 913<br />
Total non-current assets 477 481 335 010<br />
Current assets<br />
Inventories 28 9 903<br />
Trade and other receivables 15 49 839 21 360<br />
Cash and cash equivalents 16 17 268 41 112<br />
Total current assets 67 117 63 375<br />
TOTAL ASSETS 544 598 398 384<br />
EQUITY AND LIABILITIES<br />
Shareholders’ equity<br />
Share capital 17 108 108<br />
Share premium 17 60 207 60 207<br />
Other reserves 18 841 841<br />
Retained earnings -18 250 23 290<br />
Total shareholders equity 42 906 84 447<br />
Non-controlling interest -551 -5<br />
Total Equity 42 356 84 442<br />
Non current liabilities<br />
Interest bearing-debt 19 392 515 287 276<br />
Deferred tax liabilities 11 170 4 549<br />
Retirement benefit obligation 21 46 8<br />
Non-current liabilities 29 4 998 6 305<br />
Total non current liabilities 397 730 298 137<br />
Current liabilities<br />
Interest bearing-debt 19 64 011 0<br />
Trade and other payables 23 36 162 14 519<br />
Income tax liabilities 11 4 340 1 286<br />
Total current liabilities 104 512 15 805<br />
TOTAL EQUITY AND LIABILITIES 544 598 398 384<br />
Oslo, 21 th of April 2010<br />
Mårten Rød<br />
Chairman<br />
Gian Angelo Perrucci<br />
Board Member<br />
Georgio Reggio<br />
Board Member<br />
Kristen Jakobsen<br />
Board Member<br />
Christian Nygaard<br />
Managing Director<br />
<strong>Annual</strong> <strong>Report</strong> 2009 Marine Subsea 21
Change language