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 58 million was included in interest-bearing debt as of 30 June 2017.

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 June 2017 Reported                                    
Interest-bearing non-current liabilities     6 769                                                                         
Interest-bearing current liabilities        364                                                                         
- Hedge reserve

 
   58                                                                   

- Cash and Cash equivalents         496                                                                          
= Net interest-bearing debt 6 579                                                                         

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