Net interest-bearing debt

The balance sheet debt may differ from the maturity profile, reflecting premiums or discounts on issued bonds and the hedge reserve.

Norske Skog has recognised an amount on the balance sheet due to the termination of a fair value hedge portfolio. A hedge reserve (deferred income) amounting to NOK 62 million was included in interest-bearing debt as of 30 September 2016.

The hedge reserve does not constitute a payment obligation for the group, but will be amortised through the income statement over the lifetime of the hedged debt.

The carrying amount is not part of net interest-bearing debt.

30 September 2016 Reported                                    
Interest-bearing non-current liabilities     6 229                                                                         
Interest-bearing current liabilities        576                                                                         
- Hedge reserve

 
   62                                                                   

- Cash and Cash equivalents         570                                                                          
= Net interest-bearing debt 6 172                                                                         

Business Units

Mail

Norske Skogindustrier ASA
PB 294 Skøyen
0213 Oslo
Norway
info@norskeskog.com

Phone: +47 22 51 20 20
Main fax: +47 22 51 20 21
See more contact information

Visitors

Norske Skogindustrier ASA
Karenslyst allé 49
0278 Oslo

Norske Skogindustrier ASA, PB 294 Skøyen, 0213 Oslo, Norway

Phone: +47 22 51 20 20 - Main fax: +47 22 51 20 21