Annual Report 2010 - Scana Industrier ASA

63Scana Offshore Vestby Scana Offshore Services Scana ZamechOperating margin 6.6 % 14.4 % 5.7 %Discount rate (nominal before tax) 14.2 % 14.5 % 10.6 %Rate of growth 2011 – 2015 23.0 % 11.5 % 7.0 %Rate of growth after 2015 (corresponding to inflation) 0.0 % 1.5 % 1.5 %Price trends:Market share:It is expected that changes to the price of purchased components in the forthcoming period will be reflected in the marketprice of sold goods and will therefore not affect the operating margin considerably.The estimates are based on assumptions that the market share will not change significantly.Annual Report 2010 Scana Industrier ASASensitivity analysis:Sensitivity analysis with relation to the impairment testing is done to test for reasonable changes in the key assumptions of the impairment test.Write-downs could be required if actual key assumptions are lower than those listed in the below table.Scana Offshore Vestby Scana Offshore Services Scana ZamechOperating margin 0.0 % -4.1 % -1.1 %Discount rate (nominal before tax) 0.0 % -2.2 % -2.5 %Rate of growth 2011 – 2015 0.0 % -2.0 % -9.0 %Note 9. Tangible fixed assetsMachinery,BuildingsTangible fixed assets 31.12.10 equipment etc. and property Land TotalAcquisition costAccumulated 01.01 1 035 543 325 062 37 864 1 398 469Additions 68 382 6 840 3 946 79 168Additions from acquisition of business 0 0 0 0Translation differences 40 865 13 209 1 390 55 464Transfers -579 579 0 0Disposals -10 917 -3 009 0 -13 926Accumulated 31.12 1 133 294 342 681 43 200 1 519 175DepreciationAccumulated 01.01 555 330 120 337 510 676 177Depreciation and write-downs for the year 55 005 9 224 926 65 155Translation differences 20 001 5 391 68 25 460Transfers -579 579 0 0Disposals -8 130 -231 0 -8 361Accumulated 31.12 621 627 135 300 1 504 758 431Book value 31.12 511 667 207 381 41 696 760 744Depreciation period in no. of years 5 - 40 40 - 50The straight-line depreciation method has been used.