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Hydro Annual Report 2011b

Hydro Annual Report 2011b

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Revenue<br />

Amounts in NOK million 2011 2010<br />

Norway 4 739 4 840<br />

Germany 14 003 12 740<br />

Great Britain 5 103 3 567<br />

Italy 4 990 5 297<br />

France 4 823 4 514<br />

Spain 3 279 3 865<br />

Poland 2 372 1 961<br />

The Netherlands 1 914 1 693<br />

Austria 1 887 1 489<br />

Other 7 707 7 627<br />

Total EU 46 078 42 754<br />

Switzerland 8 491 4 070<br />

Other Europe 3 135 3 447<br />

Total Europe 62 442 55 110<br />

USA 8 102 6 592<br />

Canada 309 34<br />

Other Americas 3 087 2 097<br />

Asia 15 935 10 489<br />

Australia and New Zealand 1 140 1 144<br />

Africa 429 288<br />

Total outside Europe 29 002 20 644<br />

Total 91 444 75 754<br />

The identification of assets, long-lived assets and investments is based upon location of operation. Included in long-lived assets<br />

are investments in equity accounted investments; property, plant and equipment (net of accumulated depreciation) and noncurrent<br />

financial assets.<br />

Operating revenues are identified by customer location.<br />

Note 8 - Other income<br />

FINANCIAL STATEMENTS<br />

Note 7 - Operating and geographic segment information F27<br />

Amounts in NOK million 2011 2010<br />

Gain on sale of property, plant and equipment 89 40<br />

Gain on previous ownership interests in acquired subsidiaries 1)<br />

4 222 ­<br />

Gain on sale of subsidiaries, associates and jointly controlled entities 2)<br />

1 134 ­<br />

Revenue from utilities 3)<br />

131 165<br />

Rental revenue 316 271<br />

Other 4)<br />

330 93<br />

Other income, net 6 222 568<br />

1) Remeasurment gain on the previous ownership interests in Alunorte and CAP. See note 5 Acquisitions for further information.<br />

2) Includes sale of Alpart alumina refinery in Jamaica and the Norwegian power production company SKS Produksjon AS.<br />

3) Revenue from utilities include quay structures, pipe network, tank terminal, process water and grid rental.<br />

4) Other includes government grants, royalties, insurance compensation and settlements of pre-existing relationships in acquired entities, see note 5<br />

Acquisitions.

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