Income Statement Group

NOTE 26
SALE OF SUBSIDIARY
There have not been any sale of subsidiaries in 2012.
     
With effect from 30. november 2011 the subsidiary Østlandske Elektro AS was sold for a consideration of NOK 1,8 million.
     
The following shows a breakdown on the consolidated balance sheet associated with Østlandske Elektro AS at the time of sale:
     
Book value of assets and liabilities as of 30.11.11 :
   
Amounts in NOK million
2011
 
Goodwill
3
 
Inventories
2
 
Accounts receivable and other receivables
4
 
Cash and cash equivalents
4
 
Accounts payable and other liabilities
(5)
 
Book value of minority interest
(2)
 
Book value of disposed assets and liabilities
6
 
Selling price inclusive sales cost
2
 
Loss on disposal of Østlandske Elektro AS
(4)
 
     
Net cash inflow on disposal of subsidiary Østlandske Elektro AS
   
Amounts in NOK million
2011
 
Selling price
2
 
Cash and cash equvalents in Østlandske Elektro AS
(4)
 
Net cash inflow on disposal of Østlandske Elektro AS
(2)