Income Statement Group

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NOTE 16	DEFERRED TAX ASSET
Deferred tax is to be presented net when the Group has a legal right to offset deferred tax benefits in the balance sheet.
Amounts in NOK million				2012	2011
Deferred tax assets that is expected realised in more than 12 months				64	172
Deferred tax assets that is expected realised within 12 months				-	-
Total deferred tax assets				64	172

Deferred tax that is expected realised in more than 12 months				(23)	(20)
Deferred tax that is expected realised within 12 months				-	-
Total deferred tax				(23)	(20)
Total deferred tax assets net				41	152

Amounts in NOK million				2012	2011
Balance sheet value as of 1 January				152	88
Change in estimate pensions recognized in OCI				(96)	55
Recognized in the period				(15)	9
Balance sheet value as of 31 December				41	152

Specification deferred tax
		Pensions	Loss carry-	Other	Total
Amounts in NOK million			forward
Deferred tax assets
Deferred tax assets as of 31 December 2010		107	-	4	111
Change in estimate pensions		55	-	-	55
Recognized in the period		1	6	(1)	6
Deferred tax assets as of 31 december 2011		163	6	3	172
Change in estimate pensions		(96)	-	-	(96)
Recognized in the period		(4)	(6)	(2)	(12)
Deferred tax assets as of 31 december 2012		63	-	1	64

		Operating	Profit and	Construction
Amounts in NOK million		assets	loss account	contracts	Total
Deferred tax liability:
Deferred tax liability as of 31 december 2010		(12)	(6)	(5)	(23)
Deferred tax from acquired operations		-	-	-	-
Deferred tax from sold operations		-	-	-	-
Recognized in the period		5	1	(3)	3
Deferred tax liability as of 31 december 2011		(7)	(5)	(8)	(20)
Deferred tax from acquired operations		-	-	-	-
Deferred tax from sold operations		-	-	-	-
Recognized in the period		(1)	1	(3)	(3)
Deferred tax liability as of 31 december 2012		(8)	(4)	(11)	(23)

Deferred income tax assets are recognised for tax loss carry-forwards to the extent that the realisation of the related tax benefit through future taxable profits is probable.