Odfjell SE Annual Report 2012
Odfjell SE Annual Report 2012
Odfjell SE Annual Report 2012
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odfjell se<br />
statement of financial position<br />
Assets as per 31.12 (USD 1 000) Note <strong>2012</strong> 2011<br />
NON-CURRENT AS<strong>SE</strong>TS<br />
Real estate 7 12 958 13 796<br />
Shares in subsidiaries 18 674 049 674 011<br />
Other shares 18 22 153 22 153<br />
Loans to group companies 13, 14 606 259 566 127<br />
Non-current receivables 14 16 882 18 324<br />
Total non-current assets 1 332 301 1 294 411<br />
CURRENT AS<strong>SE</strong>TS<br />
Current receivables 62 105<br />
Group receivables 230 712 4 486<br />
Derivative financial instruments 3 6 014 10 477<br />
Available-for-sale investments 15 16 732 25 364<br />
Cash and bank deposits 19 133 356 70 035<br />
Total current assets 386 876 110 467<br />
Total assets 1 719 177 1 404 879<br />
Equity and liabilities as per 31.12 (USD 1 000) Note <strong>2012</strong> 2011<br />
PAID IN EQUITY<br />
Share capital 6, 20 29 425 29 425<br />
Treasury shares 6, 20 – (2 616)<br />
Share premium 6 53 504 53 504<br />
Total paid in equity 82 929 80 313<br />
RETAINED EARNINGS<br />
Reserve of unrealized profit 6 49 809 44 894<br />
Other equity 6 723 888 491 990<br />
Total retained earnings 773 697 536 884<br />
Total shareholders' equity 856 626 617 197<br />
NON-CURRENT LIABILITIES<br />
Deferred tax 5 – –<br />
Derivative financial instruments 3 10 711 16 774<br />
Loans from subsidiaries 4 223 612 219 429<br />
Long-term debt 4 445 355 460 796<br />
Total non-current liabilities 679 677 696 998<br />
CURRENT LIABILITIES<br />
Derivative financial instruments 3 23 744 20 036<br />
Current portion of long term debt 4 135 826 63 052<br />
Other current liabilities 6 244 5 449<br />
Loans from subsidiaries 17 060 2 147<br />
Total current liabilities 182 874 90 684<br />
Total liabilities 862 551 787 682<br />
Total equity and liabilities 1 719 177 1 404 879<br />
Guarantees 21 664 736 735 588<br />
the board of directors of odfjell se<br />
Bergen, 13 March 2013<br />
LAURENCE Ward ODFJELL<br />
Executive Chairman<br />
Jannicke Nilsson<br />
BERNT DANIEL ODFJELL<br />
TERJE STORENG<br />
IRENE WAAGE BASILI CHRISTINE RØDSÆTHER JAN Arthur HAMMER<br />
President/CEO<br />
57<br />
odfjell annual report <strong>2012</strong>
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