HISTORICAL PRPORTIONATE FINANCIALS WITH 2016-2019 SEGMENT STRUCTURE | PROPORTIONATE FINANCIALS WITH NEW SEGMENT STRUCTURE | ||||||||||||||||||||||||||
Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2019 restated | Q2 2019 restated | Q3 2019 restated | Q4 2019 restated | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | |
GROUP PROPORTIONATE* FINANCIALS | No change in total group proportionate in restated segment financials for 2019 | ||||||||||||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | 103 | 116 | 150 | 130 | 125 | 143 | 139 | 126 | 126 | 142 | 146 | 169 | 197 | 260 | 343 | 365 | 197 | 260 | 343 | 365 | 391 | 467 | 463 | 406 | 925 | 978 | 1,133 |
Internal revenues | 273 | 322 | 59 | 17 | 19 | 24 | 411 | 321 | 446 | 1,086 | 1,113 | 1,497 | 1,331 | 1,388 | 1,179 | 1,278 | 1,331 | 1,388 | 1,179 | 1,278 | 475 | 458 | 93 | 92 | 85 | 123 | 121 |
Net gain/(loss) from sale of project assets | 0 | 1 | - 0 | 7 | - 0 | - 0 | 375 | 3 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - | - |
Net income/(loss) from associated companies | -1 | -2 | -0 | -0 | -0 | -0 | -0 | -5 | - 0 | - 0 | - 0 | -0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - | - |
Total revenues and other income | 375 | 437 | 209 | 153 | 144 | 167 | 924 | 444 | 572 | 1,229 | 1,259 | 1,666 | 1,528 | 1,648 | 1,522 | 1,642 | 1,528 | 1,648 | 1,522 | 1,642 | 866 | 925 | 556 | 497 | 1,010 | 1,101 | 1,254 |
Cost of sales | -228 | -275 | -37 | -0 | - 0 | - 0 | -356 | -256 | -376 | -878 | -917 | -1,233 | -1,112 | -1,149 | -958 | -1,056 | -1,112 | -1,149 | -958 | -1,056 | -368 | -330 | -25 | -40 | -103 | -204 | -170 |
Gross profit* | 148 | 162 | 172 | 152 | 144 | 167 | 569 | 188 | 196 | 351 | 342 | 432 | 417 | 500 | 565 | 586 | 417 | 500 | 565 | 586 | 497 | 596 | 530 | 457 | 906 | 897 | 1,084 |
Personnel expenses | -23 | -24 | -21 | -19 | -24 | -27 | -27 | -30 | -32 | -35 | -31 | -39 | -39 | -38 | -44 | -52 | -39 | -38 | -44 | -52 | -56 | -61 | -71 | -71 | -99 | -112 | -106 |
Other operating expenses | -41 | -39 | -41 | -51 | -33 | -40 | -41 | -52 | -55 | -50 | -54 | -64 | -62 | -73 | -87 | -100 | -62 | -73 | -87 | -100 | -95 | -119 | -140 | -163 | -172 | -184 | -211 |
EBITDA* | 83 | 100 | 111 | 83 | 87 | 100 | 500 | 106 | 109 | 266 | 257 | 329 | 315 | 388 | 433 | 434 | 315 | 388 | 433 | 434 | 346 | 417 | 319 | 223 | 636 | 601 | 767 |
Depreciation, amortisation and impairment | -44 | -44 | -48 | -94 | -40 | -42 | -39 | -39 | -38 | -40 | -57 | -53 | -82 | -90 | -116 | -171 | -82 | -90 | -116 | -171 | -140 | -155 | -161 | -160 | -230 | -236 | -331 |
Operating profit (EBIT) | 40 | 55 | 63 | -11 | 47 | 57 | 461 | 66 | 71 | 226 | 200 | 276 | 233 | 298 | 317 | 263 | 233 | 298 | 317 | 263 | 206 | 262 | 159 | 63 | 406 | 364 | 436 |
POWER PRODUCTION PROPORTIONATE FINANCIALS | Q1 2019 restated | Q2 2019 restated | Q3 2019 restated | Q4 2019 restated | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | ||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | 103 | 116 | 150 | 130 | 125 | 143 | 139 | 126 | 126 | 142 | 146 | 169 | 197 | 258 | 343 | 365 | 197 | 258 | 343 | 365 | 391 | 458 | 457 | 402 | 924 | 969 | 1,130 |
Internal revenues | 2 | 2 | 2 | 6 | 11 | 7 | 9 | 11 | 12 | 14 | 14 | 14 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - | ||||
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - 0 | - 0 | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - | ||||
Net income/(loss) from JV and associates | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - 0 | - 0 | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - | ||||
Total revenues and other income | 103 | 116 | 150 | 130 | 127 | 145 | 141 | 131 | 137 | 150 | 155 | 180 | 208 | 272 | 357 | 379 | 197 | 258 | 343 | 365 | 391 | 458 | 457 | 402 | 924 | 969 | 1,130 |
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | -79 | -161 | -132 | ||||
Gross profit | 103 | 116 | 150 | 130 | 127 | 145 | 141 | 131 | 137 | 150 | 155 | 180 | 208 | 271 | 357 | 379 | 197 | 258 | 343 | 365 | 391 | 458 | 457 | 402 | 844 | 808 | 999 |
Personnel expenses | -3 | -3 | -3 | -3 | -4 | -4 | -4 | -4 | -4 | -4 | -3 | -6 | -7 | -8 | -9 | -9 | -5 | -5 | -5 | -6 | -5 | -5 | -9 | -8 | -24 | -23 | -23 |
Other operating expenses | -18 | -19 | -22 | -23 | -16 | -20 | -18 | -21 | -27 | -25 | -26 | -35 | -33 | -43 | -52 | -61 | -28 | -37 | -47 | -55 | -55 | -78 | -69 | -74 | -116 | -126 | -153 |
EBITDA | 82 | 94 | 125 | 104 | 108 | 121 | 119 | 107 | 106 | 121 | 127 | 139 | 168 | 221 | 296 | 309 | 164 | 216 | 291 | 304 | 331 | 374 | 379 | 320 | 704 | 660 | 823 |
Depreciation, amortisation and impairment | -41 | -39 | -46 | -91 | -39 | -41 | -38 | -39 | -36 | -39 | -38 | -52 | -67 | -83 | -107 | -155 | -67 | -83 | -107 | -155 | -125 | -144 | -149 | -149 | -221 | -227 | -272 |
Operating profit (EBIT) | 41 | 55 | 79 | 13 | 69 | 80 | 81 | 68 | 70 | 82 | 89 | 88 | 101 | 138 | 190 | 154 | 97 | 133 | 184 | 149 | 206 | 230 | 230 | 171 | 483 | 432 | 551 |
OPERATION & MAINTENANCE * | From 2020 Operations & Maintenance is reported in the new segment "Services". Restatement of 2019 is not applicable. | ||||||||||||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | 1 | 0 | 1 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 0 | - 0 | - 0 | - 0 | 1 | - 0 | - 0 | - 0 | - 0 | |||||||
Internal revenues | 12 | 15 | 19 | 14 | 15 | 20 | 20 | 15 | 14 | 30 | 22 | 15 | 17 | 29 | 35 | 33 | - 0 | - 0 | - 0 | - 0 | |||||||
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||
Net income/(loss) from JV and associates | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||
Total revenues and other income | 13 | 16 | 20 | 14 | 15 | 20 | 20 | 15 | 14 | 30 | 22 | 15 | 17 | 29 | 35 | 34 | - 0 | - 0 | - 0 | - 0 | |||||||
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||
Gross profit | 13 | 16 | 20 | 14 | 15 | 20 | 20 | 15 | 14 | 30 | 22 | 15 | 17 | 29 | 35 | 34 | - 0 | - 0 | - 0 | - 0 | |||||||
Personnel expenses | -3 | -3 | -3 | -2 | -3 | -3 | -4 | -4 | -5 | -5 | -6 | -7 | -7 | -7 | -9 | -10 | - 0 | - 0 | - 0 | - 0 | |||||||
Other operating expenses | -5 | -4 | -4 | -7 | -6 | -6 | -7 | -7 | -7 | -6 | -5 | -6 | -8 | -8 | -8 | -13 | - 0 | - 0 | - 0 | - 0 | |||||||
EBITDA | 6 | 9 | 12 | 5 | 5 | 10 | 9 | 4 | 2 | 19 | 11 | 2 | 3 | 14 | 18 | 11 | - 0 | - 0 | - 0 | - 0 | |||||||
Depreciation, amortisation and impairment | -1 | -1 | -1 | -1 | -0 | -0 | -0 | 0 | -0 | -0 | -0 | -0 | -1 | -1 | -1 | -1 | - 0 | - 0 | - 0 | - 0 | |||||||
Operating profit (EBIT) | 5 | 8 | 12 | 4 | 5 | 10 | 9 | 4 | 2 | 19 | 11 | 2 | 2 | 13 | 17 | 10 | - 0 | - 0 | - 0 | - 0 | |||||||
* from 2020 Operations & Maintenance is reported in the new segment "Services" | |||||||||||||||||||||||||||
SERVICES | Q1 2019 restated | Q2 2019 restated | Q3 2019 restated | Q4 2019 restated | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | ||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 1 | - 0 | - 0 | - | 1 | 1 | 1 | 1 |
Internal revenues | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 29 | 42 | 49 | 47 | 52 | 73 | 60 | 44 | 55 | 67 | 69 |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - |
Net income/(loss) from JV and associates | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - |
Total revenues and other income | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 29 | 42 | 49 | 48 | 52 | 73 | 60 | 45 | 56 | 68 | 69 |
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - 0 | - 0 | - |
Gross profit | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 29 | 42 | 49 | 48 | 52 | 73 | 60 | 45 | 56 | 68 | 70 |
Personnel expenses | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | -9 | -10 | -12 | -14 | -17 | -21 | -18 | -19 | -22 | -23 | -25 |
Other operating expenses | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | -13 | -14 | -14 | -18 | -19 | -18 | -21 | -17 | -17 | -21 | -23 |
EBITDA | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 7 | 19 | 23 | 16 | 16 | 34 | 22 | 10 | 17 | 24 | 22 |
Depreciation, amortisation and impairment | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 |
Operating profit (EBIT) | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 6 | 18 | 22 | 15 | 15 | 33 | 21 | 9 | 16 | 23 | 21 |
DEVELOPMENT & CONSTRUCTION | No change for Development and Constuction in restated proportionate financials for 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | |||||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 2 | - 0 | - 0 | - 0 | 2 | - 0 | - 0 | - 0 | 6 | 5 | 1 | - 0 | 2 | 1 | ||||
Internal revenues | 258 | 304 | 37 | 0 | 0 | 385 | 296 | 417 | 1,045 | 1,077 | 1,466 | 1,297 | 1,337 | 1,121 | 1,222 | 1,297 | 1,337 | 1,121 | 1,222 | 414 | 377 | 25 | 45 | 24 | 49 | 43 | |
Net gain/(loss) from sale of project assets | 0 | 1 | 7 | - 0 | - 0 | 375 | 3 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - 0 | - | - | |
Net income/(loss) from JV and associates | -1 | -2 | -0 | -0 | -0 | -0 | -0 | -5 | - 0 | - 0 | - 0 | -1 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | - 0 | - | - |
Total revenues and other income | 257 | 304 | 37 | 6 | -0 | -0 | 760 | 294 | 417 | 1,045 | 1,077 | 1,466 | 1,297 | 1,339 | 1,121 | 1,222 | 1,297 | 1,339 | 1,121 | 1,222 | 414 | 383 | 30 | 46 | 24 | 51 | 43 |
Cost of sales | -228 | -275 | -37 | -0 | - 0 | - 0 | -356 | -256 | -376 | -878 | -917 | -1,233 | -1,112 | -1,149 | -958 | -1,056 | -1,112 | -1,149 | -958 | -1,056 | -369 | -329 | -26 | -40 | -24 | -43 | -39 |
Gross profit | 30 | 28 | -0 | 6 | -0 | -0 | 405 | 38 | 42 | 167 | 160 | 232 | 185 | 190 | 163 | 166 | 185 | 190 | 163 | 166 | 46 | 53 | 4 | 6 | - 0 | 7 | 4 |
Personnel expenses | -10 | -10 | -7 | -8 | -8 | -11 | -10 | -13 | -13 | -15 | -13 | -13 | -14 | -13 | -13 | -20 | -14 | -13 | -13 | -20 | -19 | -20 | -21 | -25 | -36 | -40 | -36 |
Other operating expenses | -12 | -7 | -7 | -16 | -7 | -7 | -11 | -15 | -13 | -11 | -17 | -17 | -13 | -12 | -18 | -15 | -13 | -12 | -18 | -15 | -11 | -13 | -10 | -18 | -24 | -21 | -21 |
EBITDA | 8 | 12 | -14 | -18 | -15 | -18 | 384 | 10 | 15 | 140 | 130 | 202 | 159 | 165 | 133 | 132 | 159 | 165 | 133 | 132 | 15 | 22 | -27 | -38 | -60 | -54 | -53 |
Depreciation, amortisation and impairment | -2 | -5 | -2 | -2 | -1 | -1 | -1 | -1 | -1 | -1 | -18 | -1 | -13 | -5 | -7 | -13 | -13 | -5 | -7 | -13 | -10 | -4 | -7 | -5 | -2 | -2 | -52 |
Operating profit (EBIT) | 5 | 7 | -16 | -20 | -16 | -18 | 383 | 9 | 15 | 139 | 113 | 201 | 146 | 160 | 125 | 119 | 146 | 160 | 125 | 119 | 5 | 17 | -33 | -43 | -62 | -56 | -105 |
CORPORATE | * no change for Corporate in restated proportionate financials for 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | |||||||||||||||||||
NOK MILLION | |||||||||||||||||||||||||||
External revenues | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 2 | 2 | 1 | - 0 | 6 | 2 | ||||
Internal revenues | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 9 | 9 | 7 | 6 | 9 | 9 | 7 | 8 | 9 | 7 | 4 | 6 | 7 | 9 |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - | ||||
Net income/(loss) from JV and associates | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - | ||||
Total revenues and other income | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 9 | 9 | 7 | 6 | 9 | 9 | 7 | 8 | 11 | 9 | 5 | 6 | 13 | 11 |
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - 0 | - | - | - 0 | - | - 0 | - | - 0 | - 0 | - 0 | - | ||||
Gross profit | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 9 | 9 | 7 | 6 | 9 | 9 | 7 | 8 | 11 | 9 | 5 | 6 | 13 | 11 |
Personnel expenses | -7 | -8 | -8 | -6 | -9 | -9 | -9 | -8 | -10 | -10 | -10 | -13 | -11 | -10 | -14 | -13 | -11 | -10 | -14 | -13 | -14 | -14 | -24 | -20 | -17 | -26 | -22 |
Other operating expenses | -7 | -9 | -7 | -6 | -4 | -7 | -5 | -11 | -8 | -8 | -6 | -6 | -9 | -10 | -9 | -12 | -9 | -10 | -9 | -12 | -10 | -10 | -40 | -53 | -14 | -16 | -14 |
EBITDA | -12 | -15 | -13 | -8 | -11 | -14 | -11 | -15 | -14 | -14 | -11 | -14 | -14 | -11 | -14 | -18 | -14 | -11 | -14 | -18 | -16 | -13 | -54 | -69 | -25 | -28 | -25 |
Depreciation, amortisation and impairment | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -1 | -1 | -2 | -1 | -2 | -1 | -2 | -1 | -2 | -5 | -5 | -5 | -5 | -6 | -6 | -6 |
Operating profit (EBIT) | -12 | -15 | -13 | -9 | -11 | -14 | -11 | -15 | -14 | -14 | -12 | -15 | -16 | -13 | -16 | -20 | -16 | -13 | -16 | -20 | -21 | -18 | -59 | -74 | -31 | -35 | -31 |
IFRS FINANCIALS | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 |
NOK MILLION | |||||||||||||||||||||||
External revenues | 228.2 | 214.4 | 280.7 | 289.6 | 276.5 | 279.0 | 279.7 | 285.8 | 282.8 | 273.1 | 283.4 | 311.4 | 331 | 382 | 532 | 565 | 630 | 722 | 731 | 688 | 693 | 736 | 846 |
Internal revenues | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - | - 0 | - 0 | - | - |
Net gain/(loss) from sale of project assets | 0.2 | 1.4 | - 0 | 73.8 | - 0 | - 0 | 375.2 | 2.6 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - | - 0 | - 0 | - | - |
Net income/(loss) from associated companies | -0.6 | -2.4 | -0.1 | -0.2 | -0.3 | -0.1 | 0.0 | -7.0 | 6.0 | 13.2 | 10.7 | 32.5 | -4 | -7 | -20 | 3 | -5 | 3 | -7 | -8 | 138 | 138 | 212 |
Total revenues and other income | 227.9 | 213.4 | 280.6 | 363.1 | 276.3 | 278.9 | 654.9 | 281.5 | 288.8 | 286.3 | 294.2 | 343.9 | 327 | 376 | 512 | 568 | 625 | 725 | 724 | 679 | 831 | 874 | 1,059 |
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - | - | - 0 | - | - 0 | - 0 | - | - |
Gross profit | 227.9 | 213.4 | 280.6 | 363.1 | 276.3 | 278.9 | 654.9 | 281.5 | 288.8 | 286.3 | 294.2 | 343.9 | 327 | 376 | 512 | 568 | 625 | 725 | 724 | 679 | 831 | 874 | 1,059 |
Personnel expenses | -23.3 | -23.7 | -20.5 | -18.7 | -24.3 | -27.2 | -26.8 | -28.7 | -32.3 | -35.1 | -31.5 | -37.9 | -36 | -35 | -42 | -49 | -54 | -59 | -71 | -78 | -82 | -100 | -98 |
Other operating expenses | -39.4 | -37.1 | -38.4 | -50.8 | -29.7 | -34.6 | -33.6 | -45.4 | -44.1 | -39.1 | -42.1 | -48.7 | -49 | -51 | -52 | -82 | -69 | -86 | -116 | -153 | -118 | -104 | -134 |
EBITDA* | 165.2 | 152.6 | 221.7 | 293.6 | 222.3 | 217.0 | 594.5 | 207.4 | 212.4 | 212.2 | 220.6 | 257.3 | 242 | 290 | 418 | 436 | 503 | 580 | 538 | 448 | 631 | 670 | 827 |
Depreciation, amortisation and impairment | -58.6 | -59.6 | -68.1 | -83.7 | -62.0 | -66.0 | -60.3 | -59.8 | -62.8 | -62.0 | -78.0 | -70.6 | -97 | -101 | -148 | -165 | -175 | -203 | -195 | -204 | -187 | -200 | -268 |
Operating profit (EBIT) | 106.6 | 93.0 | 153.6 | 209.9 | 160.3 | 151.1 | 534.3 | 147.6 | 149.7 | 150.2 | 142.6 | 186.7 | 145 | 188 | 270 | 271 | 328 | 377 | 343 | 244 | 444 | 470 | 558 |
Net financial expenses | -141.1 | -87.0 | -141.5 | -94.4 | -122.5 | -151.7 | -122.5 | -135.6 | -133.2 | 2.0 | -82.7 | -92.1 | -120 | -162 | -183 | -226 | 82 | -454 | -333 | -825 | -344 | -279 | -328 |
Profit before income tax | -34.6 | 6.0 | 12.1 | 115.5 | 37.8 | -0.7 | 411.8 | 12.0 | 16.5 | 152.2 | 59.9 | 94.7 | 25 | 27 | 87 | 45 | 410 | -77 | 10 | -581 | 100 | 191 | 230 |
Income tax (expense)/benefit | 11.6 | -0.5 | -0.9 | -38.7 | -6.7 | 2.2 | -5.0 | -13.4 | -4.4 | -50.2 | -24.0 | -18.8 | -13 | -6 | -20 | 10 | -111 | -4 | -34 | 19 | -59 | -81 | -61 |
Profit/(loss) for the period | -23.0 | 5.5 | 11.2 | 76.8 | 31.0 | 1.5 | 406.8 | -1.4 | 12.1 | 102.0 | 35.9 | 75.9 | 12 | 21 | 66 | 56 | 299 | -81 | -24 | -561 | 42 | 110 | 169 |
Profit/(loss) attributable to: | |||||||||||||||||||||||
Equity holders of the parent | -46.2 | 4.6 | -1.1 | 46.2 | 3.6 | -12.7 | 383.0 | -34.9 | -17.7 | 97.8 | 14.4 | 45.4 | -33 | -25 | 31 | -12 | 235 | -98 | -57 | -558 | 18 | 93 | 131 |
Non-controlling interests | 23.2 | 0.9 | 12.3 | 30.5 | 27.4 | 14.1 | 23.8 | 33.5 | 29.7 | 4.2 | 21.5 | 30.5 | 45 | 45 | 36 | 68 | 64 | 17 | 33 | -3 | 24 | 17 | 38 |
-23.0 | 5.5 | 11.2 | 76.8 | 31.0 | 1.5 | 406.8 | -1.4 | 12.1 | 102.0 | 35.9 | 75.9 | 12 | 21 | 66 | 56 | 299 | -81 | -24 | -561 | 42 | 110 | 169 | |
*Reference is given to the Q4 report for 2020 for a definition of Alternative Performance Measures (APM) |
Q3 2021 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 393 | 126 | 82 | 86 | 85 | 87 | 128 | 43 | 25 | 26 | 17 | 7 | 25 | 1130 |
Cost of sales | -132 | - | - | - | - | - | - | - | - | - | - | - | - | -132 |
Net revenues | 260 | 126 | 82 | 86 | 85 | 87 | 128 | 43 | 25 | 26 | 17 | 7 | 25 | 999 |
OPEX | -33 | -26 | -5 | -16 | -12 | -10 | -23 | -3 | -5 | -3 | -4 | -5 | -32 | -176 |
EBITDA | 228 | 100 | 77 | 71 | 73 | 78 | 104 | 40 | 20 | 24 | 13 | 2 | -7 | 823 |
EBITDA margin | 58% | 79% | 94% | 82% | 86% | 89% | 82% | 93% | 81% | 90% | 76% | 31% | -26% | 73% |
Cash flow to equity | 138 | 21 | 43 | 9 | 33 | 39 | 69 | 22 | 12 | 9 | 2 | -8 | -14 | 377 |
Scatec economic interest | 50% | 45% | 28% | 100% | 51% | 20% | 89% | 100% | 51% | 62% | 44% | 100% | ||
Net production (GWh) | 214 | 104 | 110 | 84 | 136 | 189 | 104 | 8 | 20 | 19 | 30 | 9 | 38 | 1,065 |
Q2 2021 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 348 | 108 | 76 | 86 | 86 | 80 | 48 | 45 | 26 | 26 | 18 | 9 | 12 | 969 |
Cost of sales | -160 | - 0 | - 0 | - 0 | - 0 | -0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | -161 |
OPEX | -39 | -20 | -5 | -11 | -9 | -8 | -9 | -3 | -4 | -3 | -4 | -6 | -29 | -149 |
EBITDA | 149 | 88 | 71 | 75 | 77 | 72 | 39 | 42 | 22 | 23 | 14 | 4 | -16 | 660 |
EBITDA margin | 43% | 81% | 94% | 87% | 89% | 90% | 81% | 94% | 84% | 90% | 79% | 40% | -131% | 68% |
Cash flow to equity | 65 | 13 | 40 | 18 | 38 | 37 | 7 | 24 | 14 | 10 | 4 | -1 | -19 | 252 |
Scatec economic interest | 50% | 45% | 28% | 100% | 51% | 20% | 91% | 100% | 51% | 62% | 44% | 100% | ||
Net production (GWh) | 111 | 91 | 111 | 86 | 139 | 182 | 34 | 8 | 22 | 20 | 33 | 13 | 9 | 860 |
Q1 2021 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 360 | 129 | 77 | 92 | 69 | 58 | 20 | 19 | 25 | 19 | 17 | 22 | 16 | 924 |
Cost of sales | -79 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | -79 |
OPEX | -37 | -22 | -5 | -12 | -12 | -6 | -4 | -3 | -4 | -3 | -4 | -2 | -27 | -140 |
EBITDA | 243 | 107 | 72 | 81 | 57 | 52 | 16 | 16 | 21 | 16 | 13 | 20 | -11 | 704 |
EBITDA margin | 68% | 83% | 94% | 88% | 83% | 89% | 80% | 86% | 85% | 86% | 78% | 89% | -67% | 76% |
Cash flow to equity | 540 | 34 | 40 | 20 | 22 | 18 | -11 | 3 | 13 | 3 | 2 | 7 | -11 | 681 |
Scatec economic interest | 50% | 45% | 28% | 100% | 51% | 20% | 91% | 100% | 51% | 62% | 44% | 100% | - | - |
Net production (GWh) | 168 | 119 | 109 | 90 | 114 | 128 | 15 | 3 | 21 | 14 | 32 | 30 | 11 | 854 |
Q4 2020 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 152 | 79 | 71 | 12 | 11 | 23 | 18 | 18 | 18 | 402 | ||||
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | ||||
OPEX | -22 | -11 | -15 | -4 | -3 | -5 | 3 | -5 | -19 | -81 | ||||
EBITDA | 130 | 68 | 57 | 8 | 8 | 18 | 20 | 13 | -1 | 320 | ||||
EBITDA margin | 86% | 86% | 79% | 66% | 72% | 76% | 114% | 74% | -8% | 80% | ||||
Cash flow to equity | 38 | 2 | 21 | -13 | -3 | 8 | 6 | 3 | -9 | 53 | ||||
Scatec economic interest | 45% | 100% | 51% | 91% | 100% | 51% | 62% | 44% | - | - | ||||
Net production (GWh) | 142 | 75 | 105 | 12 | 2 | 17 | 12 | 32 | 10 | 407 | ||||
Q3 2020 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 116 | 75 | 84 | 49 | 45 | 29 | 28 | 20 | 13 | 457 | ||||
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | ||||
OPEX | -21 | -9 | -14 | -3 | -3 | -5 | -3 | -4 | -16 | -78 | ||||
EBITDA | 95 | 66 | 71 | 45 | 42 | 24 | 25 | 16 | -5 | 379 | ||||
EBITDA margin | 82% | 88% | 84% | 93% | 93% | 84% | 90% | 81% | -39% | 83% | ||||
Cash flow to equity | 31 | 9 | 30 | 17 | 24 | 15 | 9 | 10 | -9 | 134 | ||||
Scatec economic interest | 45% | 100% | 51% | 91% | 100% | 51% | 62% | 44% | - | - | ||||
Net production (GWh) | 111 | 66 | 130 | 29 | 8 | 22 | 18 | 35 | 11 | 430 | ||||
Q2 2020 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 100 | 86 | 91 | 38 | 48 | 29 | 31 | 20 | 15 | 458 | ||||
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | ||||
OPEX | -20 | -12 | -12 | -3 | -3 | -4 | -11 | -4 | -15 | -84 | ||||
EBITDA | 80 | 74 | 79 | 35 | 45 | 25 | 20 | 16 | - | 374 | ||||
EBITDA margin | 80% | 87% | 86% | 91% | 94% | 85% | 66% | 82% | -2% | 82% | ||||
Cash flow to equity | 19 | 16 | 34 | 16 | 27 | 15 | 4 | 13 | -7 | 135 | ||||
Scatec economic interest | 45% | 100% | 51% | 91% | 100% | 51% | 62% | 44% | - | - | ||||
Net production (GWh) | 92 | 71 | 129 | 22 | 9 | 20 | 19 | 33 | 11 | 406 | ||||
Q1 2020 | Philippines | South Africa | Uganda | Malaysia | Egypt | Laos | Ukraine | Czech Republic | Honduras | Jordan | Brazil | Vietnam | Other | Total |
NOK million | Hydro | Solar | Hydro | Solar | Solar | Hydro | Solar | Solar | Solar | Solar | Solar | Wind | ||
Revenues | 103 | 95 | 73 | 9 | 23 | 31 | 20 | 21 | 17 | 391 | ||||
Cost of sales | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | ||||
OPEX | -14 | -9 | -10 | -2 | -3 | -4 | -3 | -5 | -11 | -60 | ||||
EBITDA | 88 | 86 | 62 | 7 | 20 | 27 | 17 | 16 | 6 | 331 | ||||
EBITDA margin | 86% | 91% | 86% | 79% | 89% | 88% | 86% | 76% | 37% | 85% | ||||
Cash flow to equity | 29 | 28 | 20 | -1 | 6 | 17 | 2 | 4 | -1 | 104 | ||||
Scatec economic interest | 45% | 100% | 51% | 91% | 100% | 51% | 62% | 44% | - | - | ||||
Net production (GWh) | 73 | 81 | 109 | 6 | 4 | 23 | 13 | 30 | 10 | 349 |
A reconciliation between the segments proportionate financials and the groups consolidated IFRS financials are provided in the tables below. The column "Proportionate Financials Group" shows the groups share of financials from all the subsidiaries in the group. The column "Residual ownership interest fully consolidated entities" shows residual ownerships interests of the proportionate financials in fully consolidated subsidiaries where Scatec do not have 100% economic interest. The column "Elimination of equity consolidated entities" shows the elimination of proportionate financials from equity consolidated entities adjusted for Scatec's share of net income/(loss). Change in presentation of joint venture companies are presented in one single line "Net Income(loss) from JV and associates" in the IFRS Financials, while the proportionate financials present the joint venture companies in the same way as other subsidiaries on a gross basis in each account in the statement of profit or loss. The sum of "Proportionate Financials Group", "Residual ownership interest consolidated entities" and "Elimination of equity consolidated entities" shows the 100% basis of the stand-alone financials of all subsidiaries. The column "Eliminations" shows all the eliminations made to arrive at the consolidated IFRS financials of the group. The main eliminations are: - Elimination of all intercompany revenues and cost, including internal revenues and cost of sales from the Development and Construction segment, internal revenues, and other operating expenses from Operations & Maintenance - and Corporate services, and reduced depreciations and impairment charges reflecting the lower group value of the solar plant in IFRS compared to the stand-alone book value after elimination of internal gains from Development and Construction. - Other minor adjustments | |||||
Q3 2021 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 1,133 | 304 | -591 | 846 | |
Internal revenues | 121 | 7 | -8 | -121 | - |
Net income/(loss) from JV and associates | - | - | 212 | 212 | |
Total revenues and other income | 1,254 | 311 | -386 | -121 | 1,059 |
Cost of sales | -170 | - | 135 | 36 | - |
Gross profit* | 1,084 | 311 | -252 | -85 | 1,059 |
Personnel expenses | -106 | -2 | 10 | - | -98 |
Other operating expenses | -211 | -49 | 48 | 78 | -134 |
EBITDA* | 767 | 261 | -194 | -7 | 827 |
Depreciation and impairment | -331 | -85 | 111 | 36 | -268 |
Operating profit (EBIT) | 436 | 176 | -83 | 29 | 558 |
Q2 2021 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 978 | 280 | -521 | -1 | 736 |
Internal revenues | 123 | 8 | -4 | -127 | -0 |
Net income/(loss) from JV and associates | - 0 | - 0 | 138 | - 0 | 138 |
Total revenues and other income | 1,101 | 289 | -387 | -129 | 874 |
Cost of sales | -204 | - 0 | 163 | 42 | -0 |
Gross profit* | 897 | 289 | -226 | -86 | 874 |
Personnel expenses | -112 | -2 | 11 | 3 | -100 |
Other operating expenses | -184 | -45 | 47 | 78 | -104 |
EBITDA* | 601 | 242 | -168 | -5 | 670 |
Depreciation and impairment | -236 | -85 | 86 | 35 | -200 |
Operating profit (EBIT) | 364 | 157 | -82 | 30 | 470 |
Q1 2021 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 925 | 279 | -511 | - 0 | 693 |
Internal revenues | 85 | 6 | -3 | -88 | - 0 |
Net income/(loss) from JV and associates | - 0 | - 0 | 138 | - 0 | 138 |
Total revenues and other income | 1,010 | 284 | -376 | -87 | 831 |
Cost of sales | -103 | - 0 | 79 | 23 | - 0 |
Gross profit* | 907 | 284 | -295 | -64 | 831 |
Personnel expenses | -99 | -2 | 12 | 7 | -82 |
Other operating expenses | -172 | -50 | 43 | 60 | -118 |
EBITDA* | 636 | 232 | -240 | 3 | 631 |
Depreciation and impairment | -230 | -78 | 77 | 44 | -187 |
Operating profit (EBIT) | 406 | 153 | -162 | 47 | 444 |
Q4 2020 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 406 | 301 | -18 | -1 | 688 |
Internal revenues | 92 | 6 | -4 | -95 | - 0 |
Net income/(loss) from JV and associates | - 0 | - 0 | -8 | - 0 | -8 |
Total revenues and other income | 497 | 307 | -29 | -96 | 679 |
Cost of sales | -40 | - 0 | 3 | 37 | - 0 |
Gross profit* | 457 | 307 | -27 | -58 | 679 |
Personnel expenses | -71 | -1 | 2 | -7 | -78 |
Other operating expenses | -163 | -47 | 8 | 48 | -153 |
EBITDA* | 223 | 259 | -17 | -17 | 448 |
Depreciation and impairment | -160 | -82 | 7 | 31 | -204 |
Operating profit (EBIT) | 63 | 177 | -10 | 14 | 244 |
*Reference is given to the Q4 report for 2020 for a definition of Alternative Performance Measures (APM) | |||||
Q3 2020 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 463 | 290 | -19 | -2 | 731 |
Internal revenues | 93 | 6 | -4 | -95 | - 0 |
Net income/(loss) from JV and associates | - 0 | - 0 | -7 | - 0 | -7 |
Total revenues and other income | 556 | 296 | -30 | -97 | 724 |
Cost of sales | -25 | - 0 | - 0 | 25 | - 0 |
Gross profit | 530 | 296 | -30 | -72 | 724 |
Personnel expenses | -71 | -1 | 2 | -1 | -71 |
Other operating expenses | -140 | -50 | 6 | 68 | -116 |
EBITDA | 319 | 245 | -22 | -4 | 538 |
Depreciation and impairment | -161 | -82 | 7 | 41 | -195 |
Operating profit (EBIT) | 159 | 163 | -16 | 37 | 343 |
Q2 2020 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 467 | 282 | -20 | -7 | 722 |
Internal revenues | 458 | 129 | -7 | -580 | - 0 |
Net income/(loss) from JV and associates | - 0 | - 0 | 3 | - 0 | 3 |
Total revenues and other income | 925 | 411 | -24 | -588 | 725 |
Cost of sales | -330 | -115 | 8 | 437 | - 0 |
Gross profit | 596 | 297 | -16 | -152 | 725 |
Personnel expenses | -61 | - 0 | 2 | 1 | -59 |
Other operating expenses | -119 | -56 | 6 | 83 | -86 |
EBITDA | 417 | 241 | -8 | -69 | 580 |
Depreciation and impairment | -155 | -87 | 7 | 32 | -203 |
Operating profit (EBIT) | 262 | 154 | -1 | -38 | 377 |
Q1 2020 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTEREST FULLY CONSOLIDATED ENTITIES | ELIMINATION OF EQUITY CONSOLIDATED ENTITIES | OTHER ELIMINATIONS | IFRS FINANCIALS |
NOK MILLION | |||||
External revenues | 391 | 259 | -20 | - 0 | 630 |
Internal revenues | 475 | 169 | -10 | -633 | - 0 |
Net income/(loss) from JV and associates | - 0 | - 0 | -5 | - 0 | -5 |
Total revenues and other income | 866 | 428 | -35 | -633 | 625 |
Cost of sales | -368 | -156 | 6 | 518 | - 0 |
Gross profit | 497 | 271 | -29 | -114 | 625 |
Personnel expenses | -56 | - | 1 | 1 | -54 |
Other operating expenses | -95 | -36 | 6 | 56 | -69 |
EBITDA | 346 | 235 | -22 | -57 | 503 |
Depreciation and impairment | -140 | -70 | 8 | 26 | -175 |
Operating profit (EBIT) | 206 | 165 | -13 | -30 | 328 |
Tables from 2016 to 2019 on old format (elimination of equity consolidated entities included in eliminations column) | |||||
Q4 2019 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 365 | 237 | -36 | 565 | |
Internal revenues | 1,278 | 271 | -1,549 | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | 3 | 3 | |
Total revenues and other income | 1,642 | 508 | -1,582 | 568 | |
Cost of sales | -1,056 | -138 | 1,194 | - 0 | |
Gross profit | 586 | 369 | -388 | 568 | |
Personnel expenses | -52 | 9 | -6 | -49 | |
Other operating expenses | -100 | -74 | 93 | -82 | |
EBITDA | 434 | 304 | -301 | 436 | |
Depreciation and impairment | -171 | -98 | 104 | -165 | |
Operating profit (EBIT) | 263 | 206 | -197 | 271 | |
Q3 2019 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 343 | 222 | -34 | 532 | |
Internal revenues | 1,179 | 18 | -1,197 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | -20 | -20 | |
Total revenues and other income | 1,522 | 240 | -1,251 | 512 | |
Cost of sales | -958 | -36 | 994 | - 0 | |
Gross profit | 565 | 204 | -257 | 512 | |
Personnel expenses | -44 | - 0 | 2 | -42 | |
Other operating expenses | -87 | -23 | 57 | -52 | |
EBITDA | 433 | 182 | -197 | 418 | |
Depreciation and impairment | -116 | -79 | 47 | -148 | |
Operating profit (EBIT) | 317 | 103 | -150 | 270 | |
Q2 2019 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 260 | 161 | -38 | 382 | |
Internal revenues | 1,388 | 69 | -1,457 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | -7 | -7 | |
Total revenues and other income | 1,648 | 230 | -1,502 | 376 | |
Cost of sales | -1,149 | -50 | 1,198 | - 0 | |
Gross profit | 500 | 180 | -305 | 376 | |
Personnel expenses | -38 | - 0 | 3 | -35 | |
Other operating expenses | -73 | -26 | 48 | -51 | |
EBITDA | 388 | 154 | -253 | 290 | |
Depreciation and impairment | -90 | -76 | 64 | -101 | |
Operating profit (EBIT) | 298 | 79 | -190 | 188 | |
Q1 2019 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 197 | 172 | -38 | 331 | |
Internal revenues | 1,331 | 6 | -1,337 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | -4 | -4 | |
Total revenues and other income | 1,528 | 178 | -1,379 | 327 | |
Cost of sales | -1,112 | -7 | 1,119 | - 0 | |
Gross profit | 417 | 170 | -261 | 327 | |
Personnel expenses | -39 | 5 | -2 | -36 | |
Other operating expenses | -62 | - 0 | 14 | -49 | |
EBITDA | 315 | 175 | -249 | 242 | |
Depreciation and impairment | -82 | -79 | 64 | -97 | |
Operating profit (EBIT) | 233 | 97 | -185 | 145 | |
Q4 2018 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 169.5 | 141.9 | - 0 | 311.4 | |
Internal revenues | 1,496.6 | 111.1 | -1,607.7 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | -0.3 | - 0 | 32.8 | 32.5 | |
Total revenues and other income | 1,665.7 | 253.0 | -1,574.9 | 343.9 | |
Cost of sales | -1,233.5 | -12.7 | 1,246.2 | - 0 | |
Gross profit | 432.2 | 240.4 | -328.7 | 343.9 | |
Personnel expenses | -38.6 | -0.1 | 0.9 | -37.9 | |
Other operating expenses | -64.2 | -3.9 | 19.3 | -48.7 | |
EBITDA | 329.4 | 236.4 | -308.5 | 257.3 | |
Depreciation and impairment | -53.5 | -33.8 | 16.7 | -70.6 | |
Operating profit (EBIT) | 276.0 | 202.5 | -291.8 | 186.7 | |
Q3 2018 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 145.9 | 137.5 | - | 283.4 | |
Internal revenues | 1,113.0 | 78.3 | -1,191.3 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - | - | - 0 | |
Net income/(loss) from JV and associates | - 0 | - | 10.7 | 10.7 | |
Total revenues and other income | 1,259.0 | 215.8 | -1,180.6 | 294.2 | |
Cost of sales | -916.9 | 1.3 | 915.6 | - 0 | |
Gross profit | 342.1 | 217.1 | -265.0 | 294.2 | |
Personnel expenses | -31.4 | - | - | -31.5 | |
Other operating expenses | -53.9 | -17.4 | 29.3 | -42.1 | |
EBITDA | 256.7 | 199.7 | -235.8 | 220.6 | |
Depreciation and impairment | -56.7 | -36.6 | 15.4 | -78.0 | |
Operating profit (EBIT) | 200.0 | 163.0 | -220.4 | 142.6 | |
Q2 2018 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 142.4 | 130.7 | - 0 | 273.1 | |
Internal revenues | 1,086.3 | 55.6 | -1,141.8 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | 13.2 | 13.2 | |
Total revenues and other income | 1,228.7 | 186.2 | -1,128.6 | 286.3 | |
Cost of sales | -877.9 | 3.8 | 874.2 | - 0 | |
Gross profit | 350.8 | 190.0 | -254.5 | 286.3 | |
Personnel expenses | -33.4 | -0.1 | 0.0 | -33.5 | |
Other operating expenses | -51.3 | -23.0 | 33.6 | -40.7 | |
EBITDA | 266.0 | 167.0 | -220.8 | 212.2 | |
Depreciation and impairment | -40.4 | -38.2 | 16.7 | -62.0 | |
Operating profit (EBIT) | 225.6 | 128.7 | -204.2 | 150.2 | |
Q1 2018 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 126.2 | 156.6 | - 0 | 282.8 | |
Internal revenues | 445.9 | 37.2 | -483.0 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | - 0 | - 0 | 6.0 | 6.0 | |
Total revenues and other income | 572.0 | 193.7 | -477.0 | 288.8 | |
Cost of sales | -375.9 | 3.3 | 372.6 | - 0 | |
Gross profit | 196.1 | 197.1 | -104.4 | 288.8 | |
Personnel expenses | -31.1 | -0.0 | 0.2 | -30.9 | |
Other operating expenses | -56.0 | -7.9 | 18.5 | -45.5 | |
EBITDA | 109.0 | 189.1 | -85.7 | 212.4 | |
Depreciation and impairment | -37.5 | -38.7 | 13.5 | -62.8 | |
Operating profit (EBIT) | 71.5 | 150.4 | -72.2 | 149.7 | |
Q4 2017 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 125.5 | 160.3 | 285.8 | ||
Internal revenues | 321.1 | 27.2 | -348.3 | - 0 | |
Net gain/(loss) from sale of project assets | 2.6 | - 0 | - 0 | 2.6 | |
Net income/(loss) from JV and associates | -4.9 | 2.0 | -4.1 | -7.0 | |
Total revenues and other income | 444.4 | 189.5 | -352.4 | 281.5 | |
Cost of sales | -256.2 | 21.8 | 234.4 | - 0 | |
Gross profit | 188.2 | 211.3 | -118.0 | 281.5 | |
Personnel expenses | -30.3 | - 0 | 1.6 | -28.7 | |
Other operating expenses | -53.2 | -15.3 | 23.2 | -45.4 | |
EBITDA | 105.5 | 196.0 | -93.1 | 207.4 | |
Depreciation and impairment | -39.5 | -36.5 | 16.2 | -59.8 | |
Operating profit (EBIT) | 65.9 | 159.5 | -77.0 | 147.6 | |
Q3 2017 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 138.6 | 141.1 | - 0 | 279.7 | |
Internal revenues | 410.6 | - 0 | -410.6 | - 0 | |
Net gain/(loss) from sale of project assets | 375.2 | - 0 | - 0 | 375.2 | |
Net income/(loss) from JV and associates | -0.1 | 0.1 | - 0 | - 0 | |
Total revenues and other income | 924.3 | 141.2 | -410.6 | 654.9 | |
Cost of sales | -355.8 | - 0 | 355.8 | - 0 | |
Gross profit | 568.6 | 141.2 | -54.8 | 654.9 | |
Personnel expenses | -27.0 | - 0 | 0.2 | -26.8 | |
Other operating expenses | -41.2 | -17.5 | 25.2 | -33.6 | |
EBITDA | 500.3 | 123.6 | -29.4 | 594.5 | |
Depreciation and impairment | -39.1 | -37.3 | 16.1 | -60.3 | |
Operating profit (EBIT) | 461.2 | 86.4 | -13.3 | 534.3 | |
Q2 2017 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 142.8 | 136.2 | - 0 | 279.0 | |
Internal revenues | 24.4 | - 0 | -24.4 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | -0.1 | - 0 | - 0 | -0.1 | |
Total revenues and other income | 167.0 | 136.2 | -24.4 | 278.9 | |
Cost of sales | - 0 | - 0 | - 0 | - 0 | |
Gross profit | 167.0 | 136.2 | -24.4 | 278.9 | |
Personnel expenses | -27.3 | -0.0 | 0.1 | -27.2 | |
Other operating expenses | -40.0 | -18.9 | 24.3 | -34.6 | |
EBITDA | 99.7 | 117.3 | 0.0 | 217.0 | |
Depreciation and impairment | -42.1 | -41.8 | 17.9 | -66.0 | |
Operating profit (EBIT) | 57.5 | 75.6 | 17.9 | 151.1 | |
Q1 2017 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 125.3 | 151.2 | - 0 | 276.5 | |
Internal revenues | 19.4 | - 0 | -19.4 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | -0.3 | - 0 | - 0 | -0.3 | |
Total revenues and other income | 144.4 | 151.2 | -19.4 | 276.3 | |
Cost of sales | - 0 | - 0 | - 0 | - 0 | |
Gross profit | 144.4 | 151.2 | -19.4 | 276.3 | |
Personnel expenses | -24.4 | -0.0 | 0.1 | -24.3 | |
Other operating expenses | -33.4 | -15.8 | 19.5 | -29.7 | |
EBITDA | 86.8 | 135.4 | - 0 | 222.3 | |
Depreciation and impairment | -39.6 | -38.9 | 16.5 | -62.0 | |
Operating profit (EBIT) | 47.2 | 96.5 | 16.5 | 160.3 | |
Q4 2016 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 129.5 | 160.1 | - 0 | 289.6 | |
Internal revenues | 16.6 | - 0 | -16.6 | - 0 | |
Net gain/(loss) from sale of project assets | 6.7 | - 0 | 67.1 | 73.8 | |
Net income/(loss) from JV and associates | -0.2 | - 0 | - 0 | -0.2 | |
Total revenues and other income | 152.5 | 160.1 | 50.5 | 363.1 | |
Cost of sales | -0.1 | - 0 | 0.1 | - 0 | |
Gross profit | 152.4 | 160.1 | 50.6 | 363.1 | |
Personnel expenses | -18.7 | - 0 | - 0 | -18.7 | |
Other operating expenses | -51.2 | -16.2 | 16.6 | -50.8 | |
EBITDA | 82.5 | 143.9 | 67.2 | 293.6 | |
Depreciation and impairment | -93.5 | -39.1 | 48.8 | -83.7 | |
Operating profit (EBIT) | -11.0 | 104.9 | 116.0 | 209.9 | |
Q3 2016 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 150.2 | 129.6 | 0.9 | 280.7 | |
Internal revenues | 58.8 | - 0 | -58.8 | - 0 | |
Net gain/(loss) from sale of project assets | - 0 | - 0 | - 0 | - 0 | |
Net income/(loss) from JV and associates | -0.1 | - 0 | - 0 | -0.1 | |
Total revenues and other income | 208.9 | 129.6 | -57.9 | 280.6 | |
Cost of sales | -36.8 | - 0 | 36.8 | - 0 | |
Gross profit | 172.1 | 129.6 | -21.2 | 280.6 | |
Personnel expenses | -20.6 | 0.1 | - 0 | -20.5 | |
Other operating expenses | -40.7 | -18.9 | 21.2 | -38.4 | |
EBITDA | 110.8 | 110.8 | 0.0 | 221.7 | |
Depreciation and impairment | -48.1 | -35.6 | 15.5 | -68.1 | |
Operating profit (EBIT) | 62.7 | 75.3 | 15.5 | 153.6 | |
Q2 2016 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 115.9 | 98.0 | 0.5 | 214.4 | |
Internal revenues | 322.3 | - 0 | -322.3 | - 0 | |
Net gain/(loss) from sale of project assets | 1.4 | - 0 | - 0 | 1.4 | |
Net income/(loss) from JV and associates | -2.4 | - 0 | - 0 | -2.4 | |
Total revenues and other income | 437.3 | 98.0 | -321.9 | 213.4 | |
Cost of sales | -275.1 | - 0 | 275.1 | - 0 | |
Gross profit | 162.2 | 98.0 | -46.8 | 213.4 | |
Personnel expenses | -23.6 | -0.1 | - 0 | -23.7 | |
Other operating expenses | -38.7 | -15.9 | 17.4 | -37.1 | |
EBITDA | 99.9 | 82.0 | -29.4 | 152.6 | |
Depreciation and impairment | -44.4 | -30.5 | 15.3 | -59.6 | |
Operating profit (EBIT) | 55.5 | 51.5 | -14.1 | 93.0 | |
Q1 2016 | PROPORTIONATE FINANCIALS GROUP | RESIDUAL OWNERSHIP INTERESTS | ELIMINATIONS | IFRS FINANCIALS | |
NOK MILLION | |||||
External revenues | 102.5 | 124.8 | 0.9 | 228.2 | |
Internal revenues | 273.2 | - 0 | -273.2 | - 0 | |
Net gain/(loss) from sale of project assets | 0.2 | - 0 | 0.0 | 0.2 | |
Net income/(loss) from JV and associates | -0.6 | - 0 | 0.0 | -0.6 | |
Total revenues and other income | 375.3 | 124.8 | -272.3 | 227.9 | |
Cost of sales | -227.6 | - 0 | 227.6 | - 0 | |
Gross profit | 147.7 | 124.8 | -44.7 | 227.9 | |
Personnel expenses | -23.3 | -0.1 | 0.1 | -23.3 | |
Other operating expenses | -41.3 | -12.7 | 14.6 | -39.4 | |
EBITDA | 83.1 | 112.2 | -30.1 | 165.2 | |
Depreciation and impairment | -43.6 | -30.7 | 15.7 | -58.6 | |
Operating profit (EBIT) | 39.5 | 81.6 | -14.5 | 106.6 |
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Scatec ASA published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 07:38:01 UTC.