Note 1 - Beerenberg

Note 30
Derivatives
The Group had no open positions in respect of derivatives as at 31.12.2012.
Note 31
Net capital employed
(Amounts in NOK 1,000)
2012 2011
Inventories 34 671 27 046
Supplier liabilities and other short-term liabilities 295 131 354 347
Provisions (83 881) (62 200)
Trade payables and other payment obligations (221 840) (295 294)
Net current operational assets 24 081 23 899
Other non-current operational assets 5 013 4 936
Intangible assets 263 618 262 876
Property, plant and equipment 187 229 185 918
Interest-bearing receivables 102 349 153 297
Pension obligations (7 370) (15 294)
Deferred tax obligations (16 367) (14 020)
Other long term obligations (3 500) (3 500)
Total net capital employed 555 053 598 113
Note 32
Interest-bearing debts
(Amounts in NOK 1,000)
The tables provide information about the contractual terms relating to Beerenberg Corp.’s interest-bearing loans measured
at amortised cost. For more information about the group’s interest rates, currencies and liquidity risk, please see the section
on financial risk management and exposure in the chapter on accounting principles.
Summary of interest-bearing debts as at 31.12.2011
Loans:
Book value
Spread over
NIBOR
Due
Terms of
interest
Long-term loan from Beerenberg Corp. AS 23 000 2,75 - 3,75 % 02-01-15 NIBOR+Spread**
Long-term loan from Beerenberg Corp. AS 20 000 2,75 - 3,75 % 03-01-15 NIBOR+Spread**
Multicurrency overdraft limit 90,000 - 2,00 % * until further notice NIBOR+Spread**
Financial leases *** 19 027 1,0 - 2,0 % 2012-2019 NIBOR+Spread**
*** More than 90 % relates to Fokus Leasing AS.
There is also a guarantee limit of 85,000.
68
Beerenberg CORP. AS Group group accounts 2012