Itera — Audit Report / Information 2013

Apr 7, 2014

GROUP - STATEMENT OF COMPREHENSIVE INCOME 1 JANUARY - 31 DECEMBER

NOK 1000	Note	2013	2012
Operating revenue		465 194	438 207
Sales revenue		o	0
Other operating income		465 194	438 207
Total operating revenue	1
Operating expenses
Cost of sales		90 630	80 221
Payroll and personell expenses	7,8,9,10	279 400	281 924
Depreciation	13	21376	18 596
Other operating expenses		51 266	50 211
Total operating expenses		442 671	430 952
Operating profit		22 523	7 255
Other financial income	11	383	758
Other financial expenses	11	2467	1 1 6 7
Net financial items		$-2084$	$-409$
Profit before taxes		20 439	6846
Income taxes	15	4639	2 228
Profit for the year		15 800	4 6 1 8
Of which:		15800	4 618
Shareholders in the parent company
Earnings per share	3	0.19	0
Diluted earnings per share	3	0.19	0.06
Profit for the year		15800	4 618
Other income and expenses, reversed through the income
Currency translation differences		2 3 2 3	-899
Unrealized net gain/-loss on investment in foreign subsidiaries		1622	$-194$
Tax effect on other ioncom and expenses		-459
Total comprehensive income for the year		19 286	3 5 2 5
Attributable to:
Shareholders of the parent company		19 286	3525

GROUP - STATEMENT OF FINANCIAL POSITION 31 DECEMBER

NOK 1000	Note	2013	2012
ASSETES
Fixed assets
Intangible assets and deferred tax assets
Deferred tax assets	15	9 1 4 6	12 903
Other intangible assets	13	17 216	20 423
Total intangible assets and deferred tax assets		26 362	33 3 26
Tangible fixed assets
Machinery, equipment and software	13	27858	26 603
Total tangible assets		27858	26 603
Total fixed assets		54 221	59 929
Current assets
Work in progress	$\overline{2}$	15 657	5892
Receivables
Accounts receivable	12	69 683	74 176
Other receivables	4	12 573	8 5 3 7
Total receivables		97913	88 606
Bank deposits	17	67958	28 824
Total current assets		165871	117430
Total assets		220 092	177 359
Equity and liabilities
Paid-in capital
Share capital		24 656	24 656
Total paid-in capital		24 656	24 656
Retained earnings		62 279	47 787
Total retained earnings		62 279	47 787
Total equity		86935	72443
Liabilities
Non-current liabilities
Non-current interest bearing liabiliteis	14	15827	11889
Total non-current liabilities		15827	11889
Current liabilities
Accounts payable		27 171	17714
Payable tax		151
Public duties payable		24 576	25 978
Other current liabilities	5	65 431	49 335
Total current liabilities		117330	93 027
Total liabilities		133 157	104 916
Total equity and liabilities		220 092	177 359

Oslo, 20 March 2014
The Board of Directors of Itera ASA

Ole Jørgen Fredriksen
Chairman

Mimi K. Berdal
Board member

Jan Erik Karlssor
Board membe

Trude S. Husebø Board member Arne Mjøs
CEC