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Improved result for joint parish councils
statistikk
2000-10-27T10:00:00.000Z
Public sector;Culture and recreation
en
kirkeregn, Joint parish councils, accounts, clerical finance, operational accounts, expenditure, investments, government transfer, municipal subsidiesReligion and life stance , Local government finances , Culture and recreation, Public sector
false

Joint parish councils, accounts, 1999

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Improved result for joint parish councils

Joint parish councils in the municipalities posted better results for 1999 compared with 1998. The results were nevertheless not as good as for the 1997 financial year, the first year that the joint councils prepared separate accounts. A joint parish council is an elected local council representing Church of Norway congregations within a municipality.

Accounts

The accounts for the joint parish councils for the 1999 financial year show that operating expenses came to NOK 1 713 million, while operating revenues amounted to NOK 1 802 million, an increase of four and six per cent respectively.

The joint councils increased their investments by NOK 23 million from 1998. Overall investments have increased by 131 per cent since the 1997 financial year.

The 1998 financial year showed a positive difference of NOK 48 million between new acquisitions and use of resources, a 51 per cent reduction from 1997. In 1999 the same difference was NOK 77 million, an increase of NOK 29 million, or 60 per cent from the 1998 figures. This was still down 21 per cent compared with 1997.

Net operating result

The net operating result is a result that shows how much of the operating revenues can be used for investments and provisions for funds.

In 1999 the joint parish councils had a net operating result of NOK 65 million. This is an increase from the 1998 financial year when the same result showed a positive outcome of NOK 36 million. This was nevertheless not as good as 1997, when the net operating result was NOK 72 million.

Balance sheet

The balance sheet shows total assets of NOK 3.7 billion, an increase of about 10 per cent from 1998.

Working capital improved, rising from NOK 240 million in 1998 to NOK 324 million in 1999. This is an increase of NOK 84 million, which is a 35 per cent change from 1998. A change in working capital is the factor with the greatest effect on liquidity.