Print Download as PDF Balance Sheet

Norwegian Air Shuttle ASA Accounts

Balance Sheet
NOTE
(NOK 1,000)
2012
2011
ASSETS
Non-current assets
Intangible assets
212,665
214,380
Total intangible assets
212,665
214,380
Tangible assets
Buildings
9,525
9,525
Aircraft, parts and installations on leased aircraft
5,579,757
3,869,159
Equipment and fixtures
58,476
31,899
Financial lease asset
24,562
27,882
Prepayment to aircraft manufacturers
2,844,359
2,126,954
Total tangible assets
8,516,680
6,065,419
Financial assets
Investment in subsidiaries
58,315
56,245
Investment in associated company
116,050
82,091
Investment in shares
2,689
2,689
Other receivables
135,562
125,156
Total financial assets
312,616
266,181
Total non-current assets
9,041,962
6,545,980
Current assets
Inventory
68,385
81,994
Receivables
Accounts receivables
838,755
670,788
Other receivables
256,560
389,751
Total receivables
1,095,315
1,060,539
Financial instruments
0
242,790
Investment in shares
10,172
0
Cash and cash equivalents
1,694,480
1,081,742
Total current assets
2,868,353
2,467,065
TOTAL ASSETS
11,910,314
9,013,044
NOTE
(NOK 1,000)
2012
2011
EQUITY AND LIABILTIES
Equity
Paid-in equity
Share capital
3,516
3,488
Share premium reserve
1,093,549
1,075,463
Other paid-in equity
63,331
63,331
Total paid-in equity
1,160,396
1,142,283
Retained earnings
1,231,996
798,276
Total equity
2,392,392
1,940,559
Liabilities
Provisions
Pension liabilities
0
150,713
Provision for periodic maintenance
175,306
81,865
Deferred tax
323,517
158,978
Borrowings
4,166,770
2,682,888
Financial lease liability
10,853
15,485
Total long term liabilities
4,676,446
3,089,929
Short term liabilities
Accounts payable
472,441
475,112
Air traffic settlement liabilities
1,739,765
1,208,326
Public duties payable
133,123
101,722
Financial instruments
190,356
539
Short term part of borrowings
1,349,359
1,551,918
Other shirt term liabilities
956,432
644,941
Total short term liabilities
4,841,476
3,982,557
Total liabilities
9,517,923
7,072,486
TOTAL EQUITY AND LIABILITIES
11,910,314
9,013,044
Fornebu,20 March 2013
Bjørn H. Kise
Ola Krohn-Fagervoll
(Chairman of the Board)
(Deputy Chairman)
Liv Berstad
Marianne Wergeland Jenssen
Thor Espen Bråten
Jeanette Vannebo
(Employee Representative)
(Employee Representative)
Linda Olsen
Bjørn Kjos
(Employee Representative)
(Chief Executive Officer)