so-sialsektoren AS - Competence Centre for IT in the Health and Social Services Sector AS) was estab-lished in 1990, owned by the public sector and KS (the Norwegian Association of Local and Regional Authorities). The company's purpose is to contrib-ute to coordinated IT development in the health and social services sector by:
• Clarification of needs and advice to the sector
• Standardisation of electronic medical records and interaction
• Certification of the electronic solutions.
Vision: ICT will make health and social services more efficient.
Mission: KITH is to promote a standardised and co-ordinated introduction of ICT in health and social services.
Values: Competence, independence, implementa-tion capacity.
Main objective: Increased interaction between service providers and patients and next of kin in the health and social services sector.
Work takes place in part through programmes fi-nanced by the central health and social services administration, and partly on assignment from the various players in the social sector.
Important events
In 2009 KITH issued five formal consultative com-ments on public reports. In 2009 KITH sent out four formal invitations for comments. KITH has partici-pated in a working group for the national health
cal case histories. The work has resulted in a revi-sion of the standards and instruction materials.
KITH has contributed to standardising the use of web services for the health and social services sec-tor, including a national profile for web services and a reference architecture for web service security.
KITH has intensified its work on certification and has adopted an outreaching strategy. A total of 79 certifications were carried out in 2009, which is an increase over previous years.
KITH has been the project manager for several pilot projects, such as the "Pilot Project for ICT Support in Casualty Wards", "Pilot Project for a Definition Catalogue for Clinical Variables", and "ELIN-s Part 2". KITH has been the project manager for the ELIN-a pilot project - interaction for doctor offices.
As before, KITH has participated in the ELIN-k project, interaction for the nursing and care serv-ices, and also participates in the pilot project ELIN-h - interaction for ELIN-healtELIN-h clinics. KITH ELIN-has also con-tributed to the project ELIN-t - interaction for the dental service.
On behalf of the Office of the Auditor General, KITH has audited 1,000 in-patient stays at 10 health en-terprises with regard to the quality of the medical coding.
KITH participates in the Standardisation Council and the Semicolon project. KITH has taken the ini-tiative to establish an agreed ICT sector architec-ture, as well as the initiative to creating a national specialist committee for standardisation. The IT conference HelsIT was successfully organised for the seventh time. KITH still cooperates in two EU-financed networks: CALLIOPE and EHR-Q.
Income statement (MNOK) 2009 2008
Operating revenues 32.9 30.7
Operating costs 32.6 29.7
Operating profit/loss 0.4 1.0
Net financial items 0.3 0.6
Profit before tax 0.7 1.6
Tax costs 0.0 0.0
Profit after tax 0.7 1.6
Balance sheet 2009 2008
Intangible assets 0.0 0.0
Tangible fixed assets 0.5 0.7
Financial fixed assets 4.5 3.3
Total fixed assets 5.1 4.0
Current assets 18.2 15.9
Total assets 23.3 19.9
Subscribed equity 6 6
Retained/other equity 7 7
Total equity 13 13
Provisions for liabilities and charges 0.0 0.0
Long-term interest-bearing debt 0.0 0.0
Short-term interest-bearing debt 0.0 0.0
Short-term interest-free debt 10.1 7.4
Total debt and liabilities 10.1 7.4
Total equity and liabilities 23.3 19.9
Key figures 2009 2008
Capital employed 13.2 12.5
EBITDA 1.0 2.2
EBIT 0.6 1.7
Equity ratio 57 % 63 %
Return on equity 5 % 14 %
Average return on equity last 5 years 6 %
Return on capital employed 4 % 14 %
Dividend 2009 2008
Allocated dividend 0 0
Average dividend percentage last 5 years 0 % Additional information 2009 2008
Number of employees 29 29
Percentage employees in Norway 100 % 100 % The State's ownership interest at year-end 80.5 % 80.5 % Percentage of women on the board, total 57 % 71 % Percentage of shareholder-elected women
on the board 43 % 57 %
THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
KITH AS
State ownership through: the Ministry of Health and Care Services 70%, Ministry of Local Government and Labour 10.5%
Internet: www.kith.no
© Espen Stranger Seland
Norfund: PO Box 1280 Vika, NO-0111 Oslo • Telephone: +47 22 01 93 93 • Internet: www.norfund.no • CEO: Kjell Roland
Members of the Board: Kristin Clemet (Chair of the Board), Karl-Christian Agerup, Mari Skjærstad, Stein Tønnesson, Borghild Holen (Anett H Valsvik – Deputy, Svein Tveitdal – Deputy) • Auditor: Horwath
Income statement (MNOK) 2009 2008
Operating revenues 224 271
Operating costs 78 73
Operating profit/loss 16 222
Net financial items 113 200
Profit before tax 130 422
Tax costs 0 0
Profit after tax 130 422
Balance sheet 2009 2008
Intangible assets 1 0
Tangible fixed assets 3 1
Financial fixed assets 2 651 2 841
Total fixed assets 2 656 2 843
Current assets 3 253 2 506
Total assets 5 908 5 349
Subscribed equity 4 650 4 065
Retained/other equity 1 221 1 237
Total equity 5 871 5 302
Provisions for liabilities and charges 9 6
Long-term interest-bearing debt 0 0
Short-term interest-bearing debt 0 0
Short-term interest-free debt 29 41
Total debt and liabilities 37 47
Total equity and liabilities 5 908 5 349
Cash flow 2009 2008
Operational activities 190 104
Investment activities -319 -567
Financing activities 574 497
Change cash and liquid assets 445 34
Subsidies from the State/public procurements 2009 2008 Subsidies to professional investment assistance 32 15 Assets in and out of the company 2009 2008
Allocated dividend 0 0
Average dividend percentage last 5 years 0 Capital contributions from the State 585 485 Additional information 2009 2008
Number of employees 41 40
Percentage employees in Norway 80 % 83 % The State's ownership interest at year-end 100 % 100 % Percentage of women on the board, total 60 % 60 % Percentage of shareholder-elected women
on the board 60 % 60 %
Norfund serves as an instrument in Norwegian de-velopment policy. Through investments in profitable enterprises and the transfer of knowledge and technology, Norfund contributes to reducing pov-erty and supporting economic development in poor countries. The geographic focus is on Southern Africa, East Africa, South East Asia and Central America. Norfund focuses on the investment areas renewable energy, financial institutions and funds aimed at small and medium-sized enterprises. In Southern and Eastern Africa there is an additional focus on industrial partnerships in other sectors, such as agriculture. The activities are founded on international standards for social responsibility and zero corruption tolerance. At the end of 2009, Nor-fund's overall investment portfolio totalled NOK 5.3 billion.
Important events
Norfund entered into investment agreements total-ling NOK 944 million in 2009 (compared with NOK 1.4 billion in the previous year). In accordance with the company's strategy, the portfolio has become even more concentrated on Africa south of the Sa-hara, which received a total of 78 per cent of new investments. Highlights of 2009 includes the es-tablishment of SN Power AfriCa, with SN Power, BKK, TrønderEnergi and Norfund as shareholders.
In this connection Norfund decreased its ownership interest in SN Power from 50 to 40 per cent. Trøn-derEnergi and Norfund's 13 MW hydropower plant in Uganda was opened, as well as SN Power's 46 MW wind power park in Chile. Two innovative in-vestment funds started up after many years' of preparatory assistance from Norfund: FIPA, the first active ownership fund in Angola, and FANISI, the first venture capital fund in East Africa.
Around 148,000 people were employed in compa-nies where Norfund had investments in 2009, 29 per cent of which were women. In 2009 the Minis-try of Foreign Affairs ordered Norfund to refrain, for the time being, from making any new investments in companies in closed jurisdictions in countries outside the OECD, if Norway does not have any tax or access agreement with that country. One conse-quence of this was the fact that Norfund made fewer fund investments in Africa and granted more loans. At the end of 2009, loans accounted for 15 per cent of Norfund's contractual portfolio.
Economic development
Norfund had a profit of NOK 130 million in 2009, compared with NOK 422 million the previous year.
The decline is attributed primarily to the fact that the currencies Norfund invested in weakened sig-nificantly compared with the Norwegian krone, while they grew stronger the year before. The entire profit has been transferred to Norfund's profit re-serve and will be reinvested in accordance with Norfund's instructions.
Norfund's balance sheet at year-end 2009 totalled NOK 5,908 million (NOK 5,349 million in 2008).
The increase is due to the NOK 585 million injected by the owner and profit from the operations, while the currency effects in SN Power entered directly against equity had a negative impact. Norfund paid a total of NOK 619 million to investments and re-ceived NOK 508 million from its investments in 2009.
THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
Norfund
State ownership through the Ministry of Foreign Affairs: 100%
Internet: www.norfund.no
© Trond Viken
Norsk Eiendomsinformasjon as (NE) was estab-lished in 1987. The company was originally owned by Statens datasentral as and AL Kommunedata. In 1992, the company was taken over by the State via the Ministry of Justice, and NE has been a wholly state-owned limited company since then.
NE’s objective is to operate and further expand the Property Register (EDR) and engage in related ac-tivities. The company is to perform socially impor-tant tasks to ensure the operation, maintenance and systems development of the registration sys-tems and the Register of Land and Land Charges (Grunnboken). The company had 70 employees at the end of 2009.
In accordance with the Ministry of Justice and the Norwegian Mapping Authority, NE has the right and a duty to distribute information from the Register of Land and Land Charges (Grunnboken) and the Register of Real Properties, Addresses and Build-ings (GAB Register). The company has also taken over the distribution of basic map information from the Norwegian Mapping Authority. Infoland® is the company's e-commerce site on the Internet, and it is linked to systems for counting, authorisation and invoicing. The system also supports direct orders from municipalities, housing cooperatives and oth-er information supplioth-ers, in addition to inquiries in the EDR.
Important events
On assignment for the Ministry of Justice, NE has improved the registration system Regin@ in 2009.
In addition, NE has also worked to facilitate the submission of electronic documents for the official
registration of real estate. This work has been well received and around 10 per cent of the documents for official registration are submitted electronically now.
NE was encompassed by the new Freedom of In-formation Act that entered into force on 1 January 2009. NE has adapted its routines in accordance with the requirements of the Act with regard to journaling and the documentation of pricing etc.
In 2009 a working group comprised of members from the Ministry of Justice, Ministry of the Envi-ronment, the Norwegian Mapping Authority and NE presented a report on the future organisation of title registration. The report recommends changes re-lated to the distribution of information from the Register of Land and Land Charges, which may have consequences for the company.
Economic development
NE reported a turnover of NOK 217.8 million in 2009, an increase of 2.9 per cent over 2008. The operating profit for 2009 was NOK 11.4 million. NE had an equity ratio of 41 per cent as of 31 Decem-ber 2009. NE's board has proposed the payment of 80 per cent of the profit after tax as a dividend for the 2009 financial year.
Income statement (MNOK) 2009 2008
Operating revenues 218 224
Operating costs 206 209
Operating profit/loss 11 16
Net financial items 2 3
Profit before tax 13 19
Tax costs 4 5
Profit after tax 10 13
Balance sheet 2009 2008
Intangible assets 1 1
Tangible fixed assets 14 16
Financial fixed assets 7 6
Total fixed assets 22 23
Current assets 102 91
Total assets 124 114
Subscribed equity 6 6
Retained/other equity 45 43
Total equity 51 49
Provisions for liabilities and charges 4 4
Long-term interest-bearing debt 0 0
Short-term interest-bearing debt 0 0
Short-term interest-free debt 69 61
Total debt and liabilities 73 65
Total equity and liabilities 124 114
Cash flow 2009 2008
Operational activities 11 27
Investment activities -5 -10
Financing activities -11 -13
Change cash and liquid assets -4 5
Key figures 2009 2008
Capital employed 51 49
EBITDA 20 27
EBIT 14 19
Equity ratio 41 % 43 %
Return on equity 19 % 28 %
Average return on equity last 5 years 27 %
Return on capital employed 27 % 40 %
Dividend 2009 2008
Allocated dividend 8 11
Dividend percentage 80 % 80 %
Average dividend percentage last 5 years 80 %
Dividend to the State 8 11
THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
Norsk Eiendomsinformasjon as
State ownership through the Ministry of Justice and the Police: 100%
Internet: www.eiendomsinfo.no
© NCF-Wesenberg
NRK AS: Bjørnstjerne Bjørnsons plass 1, 0340 Oslo • Telephone: +47 23 04 70 00 • Internet: www.nrk.no • Head of Broadcasting, Hans-Tore Bjerkaas Members of the Board: Hallvard Bakke (Chair of the Board), Valgerd Svarstad Haugland, Stig Herbern, Kåre Lilleholt, Sif Vik, Karin Julsrud, Steinar B. Aanesland*, Sidsel Avlund*, Per Ravnaas* (* employee-elected) • Auditor: PricewaterhouseCoopers AS
Public broadcasting is an important instrument in Norwegian cultural and media policy. The State's involvement in the Norwegian Broadcasting Corpo-ration (NRK) is based on NRK having an important role in society. This applies to the public ownership, the licence financing and the public service broad-casting remit. NRK has a special responsibility to promote democratic, social and cultural values in society.
The mission of (NRK) is to create value by inform-ing, developinform-ing, challenging and entertaining Nor-way with varied, credible, important and innovative content distributed as images, sound and print.
NRK is organised as a wholly state-owned limited company. Ownership is managed by the Ministry of Culture. NRK was established in 1933, and the ac-tivities focused on radio broadcasts until the 1950s. Then came television broadcasts, which opened officially in 1960. NRK’s core activities are currently the production and transmission of public service broadcasting via radio, television and inter-active media.
NRK currently has almost 3,600 employees calcu-lated as full-time equivalents. NRK is represented all over Norway, and it has correspondents in a number of locations abroad.
NRK is Norway's largest media house measured by its market shares for radio and television, and is still the third largest among the content websites.
NRK is the clear leader for news coverage and a broad range of various self-produced programmes, both in popularity and public opinion. Overall this makes NRK the dominant broadcaster in Norway.
Important events
The roll-out of the digital terrestrial TV network started on 1 September 2007, and in December 2009 the analogue terrestrial network was shut down in the last counties. The digital terrestrial net-work is now NRK's primary distribution channel for TV broadcasts.
In May 2009 Norway won the Eurovision Song Con-test in Moscow. As a result, NRK arranged the 2010 international final in Oslo and Bærum on 29 May.
Economic development
In 2009, NRK (the parent company) reported a turnover of around NOK 4,500 million, an increase of NOK 220 million compared with 2008. NRK should deliver break-even financial results over time. NRK had budgeted a break-even result in 2009, but incurred a loss of NOK 15 million, prima-rily due to higher pension-related costs.
TV licence fees account for around 95 per cent of NRK's income. At year-end 2009, there was a total of 1,890,000 licence payers, which is the highest number ever registered. Around 10 per cent of the households do not pay a TV licence fee.
NRK’s commercial activities are organised through a wholly owned subsidiary, NRK Aktivum AS. NRK's commercial activities made an overall contribution of around NOK 100 million to the programme ac-tivities in 2009.
Income Statement 2009 2008
Operating revenues 4 568 4 351
Operating costs 4 586 4 444
Operating profit/loss -18 -93
Net financial items -9 -38
Profit before tax -27 -131
Tax costs 1 1
Profit after tax -28 -132
Balance sheet 2009 2008
Intangible assets 1 1
Tangible fixed assets 1 563 1 597
Financial fixed assets 238 171
Total fixed assets 1 802 1 769
Current assets 1 401 1 349
Total assets 3 203 3 117
Subscribed equity 1 000 1 000
Retained/other equity 131 155
Total equity 1 131 1 155
Provisions for liabilities and charges 742 668
Long-term liabilities 0 0
Short-term interest-bearing debt 620 656
Short-term interest-free debt 711 639
Total debt and liabilities 2 073 1 962
Total equity and liabilities 3 203 3 117
Cash flow 2009 2008
Operational activities 241 232
Investment activities -236 -264
Financing activities 0 -55
Change cash and liquid assets 5 -88
Key figures 2009 2008
Capital employed 1 751 1 811
EBITDA 268 174
EBIT 0 -95
Equity ratio 35 % 37 %
Return on equity -2 % -11 %
Average return on equity last 5 years -6 %
Return on capital employed 0 % -5 %
Licence fees as percentage of total revenue 94,7 % 93,7 % Licence fee per year per household incl. VAT 2 335 2 202 Subsidies from the State/
public procurements 2009 2008
KKD 0,3 0,3
Directorate of Education 3,8 0,0
Enova 1,0 0,0
Others 0,3 0,3
Total application of subsidies 5.3 0.5
Dividends etc. 2009 2008
Allocated dividend 0 0
Average dividend percentage last 5 years 0 % Additional information 2009 2008
Number of employees 3 568 3 550
Percentage employees in Norway 100,0 % 100,0 % The State's ownership interest at year-end 100 % 100 % Percentage of women on the board, total 44 % 44 % Percentage of shareholder-elected women
on the board 50 % 50 %
THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
Norsk Rikskringkasting AS
State ownership through the Ministry of Culture: 100%
Internet: www.nrk.no
© Anne Liv Ekroll, NRK
Norsk samfunnsvitenskapelig datatjeneste AS (NSD) was established in 1971 as a national re-search infrastructure under the Rere-search Council of Norway. The institution was established as a lim-ited company owned by the Ministry of Education and Research on 1 January 2003.
The main purpose of NSD is to manage data and provide services to the research sector. The Minis-try has also emphasised this in the management of the company, which is reflected in both the articles of association and composition of the board. NSD is one of the world's largest research data archives.
NSD collects, organises and distributes data from a number of sources. NSD's agreement with Statis-tics Norway on the distribution of data for research purposes, archiving of data from Norwegian re-search projects and participation in comparative survey programmes are key in this connection. This applies also to NSD's cooperation with other public bodies with regard to assignments that result in valuable data sources. NSD is the personal data protection ombudsman for around 140 scientific institutions. This arrangement is mainly based on the fact that the Norwegian Data Inspectorate has delegated responsibility pursuant to the Personal Data Act and Personal Health Data Filing System Act to NSD.
Through its commitment to international organisa-tions and through collaboration on a number of projects, NSD contributes to building up an interna-tional research infrastructure. This cooperation en-sures Norwegian researchers of access to data and expertise, and it ensures at the same time Norwe-gian participation and access to resources that are
Important events
Efforts are made, both nationally and internation-ally, to establish and develop research infrastruc-tures. NSD is a key player in several of these ef-forts, including two of the three social science infrastructure measures included in the European roadmap for research infrastructure submitted by the European Strategy Forum on Research Infra-structures (ESFRI). A positive result for NSD from this effort is the fact that Norway has offered to host a new pan-European institution based on the Council of European Social Science Data Archives (CESSDA).
Optimal web structure and functionality represent the core of NSD's services. In addition to making NSD's services known to the users, access to data, documentation and systems for online data regis-tration and statistic analysis is dependent on mod-ern websites with updated functionality. The techni-cal and functional development of the websites have been a priority area for NSD in 2009.
Economic development
NSD's financing structure is the same as before.
The main grants come from the Research Council of Norway, the ministries, the universities and the university colleges and the EU. The Research Coun-cil of Norway financed 22.5 per cent of the activi-ties through the main grant and 24 per cent if project support is included.
The company does not pay any dividend.
Income statement (MNOK) 2009 2008
Operating revenues 41.4 39.2
Operating costs 40.9 38.7
Operating profit/loss 0.4 0.3
Net financial items 0.0 2.4
Profit before tax 0.5 2.7
Tax costs 0.0 0.0
Profit after tax 0.5 2.7
Balance sheet 2009 2008
Intangible assets 0.0 0.0
Tangible fixed assets 1.0 1.2
Financial fixed assets 1.1 1.2
Total fixed assets 2.0 2.4
Current assets 36.3 35.9
Total assets 38.3 38.3
Subscribed equity 7.4 7.4
Retained/other equity 16.1 15.6
Total equity 23.5 23.0
Provisions for liabilities and charges 0.0 0.0
Long-term interest-bearing debt 0.0 0.0
Short-term interest-bearing debt 0.0 0.0
Short-term interest-free debt 14.8 15.3
Total debt and liabilities 14.8 15.3
Total equity and liabilities 38.3 38.3
Key figures 2009 2008
Capital employed 23.5 23.0
EBITDA 1.4 3.0
EBIT 1.2 2.8
Equity ratio 61 % 60 %
Return on equity 2 % 12 %
Average return on equity last 5 years 12 %
Return on capital employed 5 % 13 %
Subsidies from the State/public procurements 2009 2008 Subsidies from Ministry of Education and
Research and other ministries 10.0 9.1
Subsidies from NFR 10.0 10.8
Total subsidies 20.0 19.9
Additional information 2009 2008
Number of employees 67 67
Percentage employees in Norway 100 % 100 % The State's ownership interest at year-end 100 % 100 % Percentage of women on the board, total 43 % 43 % THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
Norsk samfunnsvitenskapelig datatjeneste AS
State ownership through the Ministry of Education and Research: 100%
Internet: www.nsd.uib.no
© NSD
Norsk Tipping: P.O. Box 4414 Bedriftssenteret, 2325 Hamar • Telephone: +47 62 51 40 00 • Internet: www.norsk-tipping.no • CEO: Torbjørn Almlid Members of the Board: Lars Sponheim (Chair of the Board), Ingvild R. Myhre (deputy), Silvija Seres, Siv Tørudbakken, Paal Fure, Eli Skjæret *and Petter Torgerhagen.* (* employee-elected) • Auditor: Office of the Auditor General in Norway
Revenue from betting and lotteries declined in most countries in 2009. For Norsk Tipping, however, 1.9 mil-lion customers contributed to the highest revenues ever. The company increased its market share from 43 to 47 per cent. Channelling to Norsk Tipping's betting and lotteries and emphasising responsibility were fo-cused on in parallel. The company adopted a new re-sponsibility and value platform in 2009.
Important events
The Grassroots Percentage programme was launched.
A total of 520,000 players signed up for the scheme and generated NOK 210 million for their teams or as-sociations.
Registered betting was introduced for all types of bet-ting and lotteries, with the exception of Flax, from 23 February. The introduction took place without any spe-cial problems, and it did not have any significant conse-quences for the turnover.
The regulation of the gaming terminal market and the roll-out of gaming terminals with Multix-games have been successful. However, the roll-out has been slower than planned due to the difficulties with finding loca-tions for the terminals.
The sales concept Play-at-the-Register (Spill-i-kasse) was approved in February 2009. During the year the concept was made available at 404 Rema 1000 stores, and this new sales channel generated revenue of NOK 25 million.
The company adopted a new responsibility platform.
One of the measures was the stipulation of an 18-year age limit for all betting and lotteries. The measures in this platform will be introduced in 2010.
The Office of the Auditor General published two critical reports after its expanded audit of the company. The company will conduct a detailed fact-finding investiga-tion of the matters pointed out by the Office of the Audi-tor General in one of the reports.
Norsk Tipping reorganised in order to establish an or-ganisational structure that was best suited for realisa-tion of its social responsibilities and strategic goals.
The company has carried out the project "Cost/Bene-fit", where the goal was to reduce costs. During the year the measures that the project pointed out have been anchored in the line and transferred to the depart-ments' plans of action.
Economic development
Gross betting and lottery revenue increased by almost NOK 2 billion to NOK 12.6 billion. This significant in-crease is related to the fact that the new betting prod-uct, Multix, has a significantly higher pay-back percent-age than the other products. The net betting and lottery revenue showed, however, a good result as well. The traditional betting and lotteries showed growth of NOK 343 million.
The profit for the year was NOK 3,024 million, which is a reduction of NOK 270 million. This must be viewed in conjunction with the introduction of the Grassroots Per-centage programme, which is charged against profit.
Most of the betting and lottery products showed a good turnover growth in 2009, with Lotto as the primary driver.
The Lotto turnover increased by 4.6 per cent. Viking Lotto reported its best result ever. The betting and lottery prod-ucts that showed a decline were Extra (1.7 per cent), Keno (11.4 per cent) and Oddsen (8.3 per cent).
Costs increased somewhat compared with 2008. This is attributed, for example, to the costs associated with the renewal of betting cards and roll-out of betting ter-minals.
Income statement (MNOK) 2009 2008
Operating revenues 12 763 10 719
Operating costs 9 829 7 657
Operating profit/loss 2 934 3 062
Net financial items 90 232
Profit before tax 3 024 3 294
Tax costs 0 0
Profit after tax 3 024 3 294
Balance sheet 2009 2008
Intangible assets 226 189
Tangible fixed assets 461 314
Financial fixed assets 54 61
Total fixed assets 741 565
Current assets 4 221 4 797
Total assets 4 962 5 361
Subscribed equity 0.2 0.2
Retained/other equity 398 1 043
Total equity 398 1 044
Provisions for liabilities and charges 91 61
Long-term interest-bearing debt 0 0
Long-term non-interest bearing liabilities 371 335
Short-term interest-bearing debt 0 0
Short-term interest-free debt 4 102 3 922
Total debt and liabilities 4 564 4 317
Total equity and liabilities 4 962 5 361
Cash flow 2009 2008
Operational activities 3 093 3 551
Investment activities -351 -183
Financing activities -3 449 -3 200
Change cash and liquid assets -706 168
Allocation 2009 2008
Capital employed 398 1 044
EBITDA 3 203 3 422
EBIT 3 036 3 297
Equity ratio 8 % 19 %
Return on equity 419 % 234 %
Average return on equity last 5 years 262 %
Return on capital employed 421 % 234 %
Other key figures 2009 2008
Profit for health and rehabilitation 232 240
Profit for Norsk Tipping AS 2 792 2 935
Profit for health and rehabilitation 232 240 Allocations to investment funds -877 -502 Allocations to prevention of gambling problems 12 12 Profit allocated to sports and culture 3 425 3 425
Total allocations 3 024 3 294
Additional information 2009 2008
Number of employees 360 349
Percentage employees in Norway 100 % 100 % The State's ownership interest at year-end 100 % 100 % Percentage of women on the board, total 57 % 57 % Percentage of shareholder-elected women
on the board 60 % 60 %
THE STATE'S OWNERSHIP REPORT 2009 - COMPANY REPORTS
Norsk Tipping AS
State ownership through the Ministry of Culture: 100%
Internet: www.norsk-tipping.no
© Norsk Tipping