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Balance sheet<br />
As of 31 December<br />
(All amounts in USD 1 000 if not otherwise stated) Note 2009 2008<br />
ASSETS<br />
Non-current assets<br />
Property, plant and equipment 7 245 120<br />
Intangible assets 7 65 13<br />
Investments in subsidiaries 2 8 508 10 630<br />
Non-current receivables 8 68 794 358 006<br />
Total non-current assets 77 612 368 769<br />
Current assets<br />
Trade and other receivables 9 469 317<br />
Receivables from subsidiaries 2 7 626 0<br />
Cash and cash equivalents 10 733 20 500<br />
Total current assets 8 828 20 817<br />
TOTAL ASSETS 86 441 389 586<br />
EQUITY AND LIABILITIES<br />
Shareholders’ equity<br />
Share capital 11 108 108<br />
Share premium 11 60 207 60 207<br />
Other reserves 11 841 841<br />
Retained earnings -1 509 23 323<br />
Total shareholders equity 59 648 84 480<br />
Non-current liabilities<br />
Borrowings 2 10 000 10 000<br />
Interest bearing-debt 14 0 287 276<br />
Retirement benefit obligation 3 46 8<br />
Total non-current liabilities 10 046 297 283<br />
Current liabilities<br />
Accounts payables 6 750 300<br />
Public duties payable 286 137<br />
Other payables 12 9 711 3 217<br />
Deferred tax liabilities 6 0 4 169<br />
Total current liabilities 16 748 7 823<br />
TOTAL EQUITY AND LIABILITIES 86 441 389 586<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 57
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