Petoro AS income statement


PARENT COMPANY				GROUP
2016*	2017	NOTES	All figures in NOK 1 000	NOTES	2017	2016*

273 625	274 148	1	Invoiced government contribution	1	280 248	283 925
640	3 283	1, 16, 17	Other revenue	1, 16, 17	2 660	353
660	(1 898)	2	Change in deferred revenue recorded	2	(1 898)	660
274 925	275 533		Total operating revenue		281 009	284 938

150 243	160 620	3,11	Payroll expenses	3, 11	160 620	150 243
2 759	3 082	4	Depreciation	4	3 082	2 759
13 401	15 789	13,15,16	Accounting fee	13, 15, 16	15 789	13 586
9 316	10 528	14	Office expenses	14	10 535	9 316
33 436	23 868	15	ICT costs	15	23 868	33 440
69 691	56 478	13,16,18	Other operating expenses	13, 16, 18	61 682	79 083
278 846	270 365		Total operating expenses		275 577	288 427

(3 921)	5 168		Operating profit		5 432	(3 489)

1 075	1 320	5	Financial income	5	1 368	1 114
(152)	(110)	5	Financial expenses	5	(140)	(161)
923	1 210		Net financial result		1 228	953

(2 999)	6 378		Profit before tax expense		6 660	(2 536)

			Tax expense on ordinary profit/loss	19	(10)	69

(2 999)	6 378		NET INCOME FOR THE YEAR		6 670	(2 605)

			TRANSFERS
(2 999)	6 378		Transferred to/ from other equity		6 670	(2 605)
(2 999)	6 378		Total transfers		6 670	(2 605)

*2016 accounting figures converted pursuant to Notes 10 and 11