Statistics Norway

Statistics of accounts-local government owned rehabilitation enterprises

1 Statistics of accounts-local government-owned rehabilitation enterprises. 2006-2010. NOK million and per cent
  2006 2007 2008 2009 2010
  NOK million Per cent NOK million Per cent NOK million Per cent NOK million Per cent NOK million Per cent
Income statement                    
Operating income 5 834  100.0 6 400  100.0 6 886  100.0 6 805  100.0 7 106  100.0
Sales revenue 3 403 58.3 3 766 58.8 4 051 58.8 3 734 54.9 3 817 53.7
Public subsidy 2 363 40.5 2 507 39.2 2 710 39.4 2 938 43.2 3 145 44.3
Other operating income 67 1.2  127 2.0  124 1.8  133 2.0  144 2.0
                     
Operating expenses 5 612 96.2 6 100 95.3 6 642 96.5 6 659 97.9 6 982 98.3
Raw materials and consumables 1 488 25.5 1 649 25.8 1 757 25.5 1 626 23.9 1 581 22.2
Payroll expenses 2 972 51.0 3 181 49.7 3 525 51.2 3 653 53.7 3 876 54.5
Depreciation and amortisation expenses  207 3.5  232 3.6  248 3.6  262 3.8  279 3.9
Other expenses  945 16.2 1 038 16.2 1 112 16.1 1 118 16.4 1 246 17.5
                     
Operating profit  221 3.8  300 4.7  244 3.5  146 2.1  124 1.7
                     
Financial income 39 0.7 64 1.0 85 1.2 74 1.1 57 0.8
Financial expenses 57 1.0 86 1.3  152 2.2  101 1.5 89 1.2
                     
Operating profit or loss before tax  204 3.5  278 4.3  177 2.6  120 1.8 92 1.3
                     
Tax payable 0 0.0 1 0.0 -1 0.0 0 0.0 0 0.0
Changes in postpone tax 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0
                     
Operating profit or loss  203 3.5  278 4.3  179 2.6  120 1.8 92 1.3
                     
Extraordinary income 0 0.0 16 0.3 12 0.2 12 0.2 12 0.2
Extraordinary expenses 1 0.0 2 0.0 0 0.0 0   0 0.0
                     
Net profit or loss for the year  203 3.5  292 4.6  191 2.8  131 1.9  104 1.5
                     
Balance sheet                    
Fixed assets 2 621 55.0 2 821 54.6 3 162 56.4 3 275 57.6 3 519 58.8
Tangible fixed assets, intantngible fixed assets 2 522 52.9 2 674 51.8 2 943 52.5 3 063 53.8 3 267 54.6
Long-term receivables 29 0.6 83 1.6  128 2.3  129 2.3  157 2.6
Shares and bonds 70 1.5 63 1.2 91 1.6 83 1.5 95 1.6
                     
Current assets 2 148 45.0 2 345 45.4 2 447 43.6 2 415 42.4 2 466 41.2
Inventories  513 10.8  557 10.8  601 10.7  503 8.8  516 8.6
Accounts receivables  497 10.4  528 10.2  550 9.8  480 8.4  481 8.0
Other receivables  166 3.5  194 3.8  232 4.1  211 3.7  243 4.1
Shares and bonds 55 1.1 42 0.8 35 0.6 38 0.7 35 0.6
Cash and bankdeposits  918 19.2 1 023 19.8 1 030 18.4 1 182 20.8 1 190 19.9
                     
Assets 4 769  100.0 5 167  100.0 5 610  100.0 5 690  100.0 5 985  100.0
                     
Equity 2 474 51.9 2 751 53.3 2 955 52.6 3 058 53.7 3 199 53.5
Share equity  226 4.7  225 4.4  234 4.2  241 4.2  259 4.3
Other invested equity 71 1.5  146 2.8  178 3.2  235 4.1  482 8.0
Other retained earnings 2 178 45.7 2 380 46.1 2 542 45.3 2 582 45.4 2 458 41.1
                     
Long-term liabilities 1 232 25.8 1 351 26.2 1 534 27.3 1 530 26.9 1 566 26.2
                     
Short-term liabilities 1 062 22.3 1 064 20.6 1 123 20.0 1 102 19.4 1 219 20.4
Convertible loans 65 1.4 59 1.1 71 1.3 56 1.0  137 2.3
Trade creditors  352 7.4  336 6.5  332 5.9  302 5.3  354 5.9
Other short-term liabilities  646 13.5  669 12.9  720 12.8  744 13.1  728 12.2
                     
Equity and liabilities 4 769  100.0 5 167  100.0 5 612  100.0 5 690  100.0 5 985  100.0
                     
Key figures                    
Number of enterprises    327    312    310    305    306
Number of employees   20 407   21 997   23 302   24 222   24 758
Return on total assets in per cent 1   5.5   7.0   5.9   3.9   3.0
Return on equity in per cent 2   8.2   10.1   6.0   3.9   2.9
Current ratio 3   2.0   2.2   2.2   2.2   2.0
Working capital. NOK million 4   1 086   1 282   1 324   1 314   1 246
Financing ratio 5   0.7   0.7   0.7   0.7   0.7
Equity ratio per cent 6   51.9   53.3   52.6   53.7   53.5
Debt-equity ratio 7   0.9   0.9   0.9   0.9   0.9
1  Operating result before tax + interest expense in per cent of total equity and liabilities at 31 December.
2  Operating result after tax in per cent of total equity at 31 December.
3  Current assets at 31 December in proportion to current liabilities at 31 Decenber.
4  Current assets at 31 December - current liabilities at 31 Decenber.
5  Fixed assets in proportion to long-term capital at 31 December.
6  Equity in per cent of total equity and liabilities at 31 December.
7  Total liabilities in proportion to total equity at 31 December.

Explanation of symbols