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Annual Report

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Income statement<br />

(All amounts in USD 1 000 if not otherwise stated) Note 2009 2008<br />

Sales 2 2 761 2 711<br />

Total revenue 2 761 2 711<br />

Employee benefit expenses 3 4 834 3 746<br />

Other operating expenses 4 6 503 5 328<br />

Depreciation and amortisation 7 82 51<br />

Total operating expenses 11 420 9 125<br />

Net operating profit (loss) -8 659 -6 414<br />

Financial income 5 34 248 71 349<br />

Financial expenses 5 -54 590 -39 886<br />

Net financial income (loss) -20 342 31 463<br />

Net profit (loss) before income tax -29 001 25 049<br />

Income tax expense 6 -4 169 4 169<br />

Net profit (loss) -24 832 20 880<br />

To retained earnings 20 880<br />

Basic and diluted earnings per share 13 -0,36 0,31<br />

56 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009

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