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