Table

Local government owned enterprises. Income statement. Selected accounting figures. NOK million and share.
	2012	2012	2011	2011	2010	2010
	NOK million	Share	NOK million	Share	NOK million	Share
Income Statement
Operating income	133 924	100.0	145 158	100.0	149 202	100.0
Revenue	114 719	85.7	123 369	85.0	129 910	87.1
Special public taxes	-134	-0.1	-260	-0.2	-244	-0.2
Public subsidies	6 310	4.7	10 557	7.3	8 618	5.8
Income from rent, real property and other income from rent	3 063	2.3	4 044	2.8	3 797	2.5
Profit on disposals (sale etc.) of fixed assets	1 083	0.8	815	0.6	360	0.2
Other operating income	8 615	6.4	6 111	4.2	6 273	4.2

Operating expenses	114 138	85.2	123 823	85.3	123 194	82.6
Raw materials and consumables used	43 568	32.5	52 246	36.0	63 683	42.7
Payroll expense	24 042	18.0	22 192	15.3	19 123	12.8
Depreciation and amortisation expense	12 545	9.4	11 219	7.7	10 939	7.3
Other operating expenses	34 865	26.0	38 179	26.3	29 449	19.7

Operating profit	26 102	19.5	21 315	14.7	26 008	17.4

Financial income	14 199	10.6	16 343	11.3	19 531	13.1
Financial expense	11 881	8.9	13 505	9.3	11 577	7.8

Operating result before tax	22 103	16.5	24 153	16.6	33 962	22.8

Tax	6 923	5.2	9 636	6.6	11 245	7.5

Operating result	15 180	11.3	14 517	10.0	22 717	15.2

Net extraordinary income	-2 275	-1.7	-1 877	-1.3	-2 005	-1.3

Net profit for the year	12 662	9.5	12 634	8.7	20 705	13.9