Income statement

(Amounts in TNOK)

O.N. Sunde AS				Group
2010	2009		Note	2010	2009
47 956	34 348	Sales revenues	16	10 175 828	9 382 282
47 956	34 348	Total sales revenues		10 175 828	9 382 282
		Operating expenses
0	0	Cost of sales		5 110 892	4 518 386
28 336	12 590	Wage costs	11, 14	2 006 452	1 865 930
22 563	7 006	Other operating expenses	5, 13, 14	1 635 818	1 481 499
50 899	19 596	Total operating expenses		8 753 162	7 865 815
-2 943	14 752	Operating profit before depreciation, CHARTER HIRE and leasing expenses (EBITDA)		1 422 666	1 516 467
385	430	Ordinary depreciation	7	624 167	607 309
0	0	Charter hire, leasing expenses	13	14 034	17 165
		Operating profit after depreciation
-3 328	14 322	AND CHARTER-HIRE		784 465	891 991
0	0	Gains and losses on sales of property, plant and equipment, write-downs etc.	7	228	-36 668
-3 328	14 322	Operating profit (EBIT)		784 693	855 323
		Financial income/financial expenses
15 671	8 847	Interest received from companies in the same group		0	0
315 712	323 276	Income on investments in subsidiaries		0	0
582	0	Income on investments in associated companies	15	3 246	0
59 166	41 865	Other interest income		43 168	41 675
10 401	16 936	Other financial income	10	148 417	384 858
0	0	Change in market value of current financial assets	1, 10	-11 678	200 929
-65 823	-42 576	Interest paid to companies in the same group	10	0	0
-31 017	-20 707	Other interest expense	10	-358 812	-383 349
-18 706	-11 783	Other financial expense		-26 333	-84 806
285 986	315 857	Net financial items		-201 992	159 307
282 658	330 179	PRE-TAX PROFIT		582 701	1 014 630
-11 790	-36 466	Tax	12	-172 050	300 729
270 868	293 713	Profit for the year before discontinued business		410 651	713 901

		Discontinued business	18	0	-99 249

		Profit for year		410 651	614 652