Joint parish councils, accounts, 2000

The accounts for the joint parish councils for the 2000 financial year show that operating expenses came to NOK 1 909 million, while operating revenues amounted to NOK 1 954 million, an increase of 10 and 8 per cent respectively.

The joint councils increased their investments by NOK 45 million from 1999. Overall investments have increased by 60 per cent since the 1998 financial year.

The 1999 financial year showed a positive difference of NOK 77 million between new acquisitions and use of resources, a 60 per cent improved from 1998. In 2000 the same difference was NOK 72 million, a decrease of 6 per cent from the 1999 figures. This was still down 21 per cent compared with 1997.

Net operating result was NOK 37 million

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

In 2000 the joint parish councils had a net operating result of NOK 37 million. This is a decrease from the 1999 financial year when the same result showed a positive outcome of NOK 65 million.

Total assets increases

The balance sheet shows total assets of NOK 3.8 billion, an increase of about 3 per cent from 1999.

Working capital improved, rising from NOK 324 million in 1999 to NOK 393 million in 2000. This is an increase of NOK 69 million, which is a 21 per cent change from 1999. A change in working capital is the factor with the greatest effect on liquidity.

Tables:

• Table 1 Annual accounts for joint parish councils. In million kroner