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Accounts on cash basis, SDFI
Appropriation accounts
Note A Explanation of total allocation
Note B Explanation for authorisations used and calculation of possible amount to be transferred to next year
Petoro has been authorized to post receipts and payments for the SDFI against balances with the Treasury. The balance includes over/undercalling of cash from the operator companies (the difference between cash call and settlements from the operator), working capital, settlement from the operator, value added tax and balances with payment intermediaries, etc. For other power of attorneys, refer to the Letter of Assignment for 2022 given to Petoro from the Ministry of Trade, Industry and Fisheries.
Calculation of the possible amount to be transferred to next year is not relevant for the SDFI, which receives estimated appropriations.1. President and CEO’s letter and Directors’ report
2. Introduction to the enterprise and key figures 2022
3. Activities and results from the year
4. Management and control
5. Assessment of future prospects
Outlook is described in the Directors’ report, Chapter 1.2.5. Outlook 6. Annual accounts 2022