Income Statement Group

NOTE 15
LONG-TERM DEBT
Amounts in million NOK
2012
2011
Other long-term interest-bearing debt
10
15
Total long-term debt
10
15
     
Long-term debt consists of a small bank facility in one of the Group’s subsidiaries which is historically contigent and an option related to the buyout responsibility concerning Infratek Säkerhet Sverige AB and Eiendomssikring AS. See also note 25. The options are assessed based on fair value per 31 December 2012 and the change in value is recognised in the result as a change in financial items. See also note 22, net financial items.
     
The below table represents the Group’s liabilities based on fair value per 31 December 2012:
Amounts in million NOK
2012
2011
Other long-term debt
7
11
Total liabilities
7
11