Consolidated Balance Sheet

NOK million	Note no.	IFRS 31 December 2024	IFRS 31 December 2023
Assets
Non-current assets
Tangible fixed assets	2	773.2	819.4
Investment property		157.0	157.0
Intangible assets	2	18.0	20.4
Deferred tax assets	5	1.3	1.4
Long-term derivatives and power contracts	6	24.9	78.0
Investment in associate (financial investment before 9 March 2023)	12	1,157.5	1,317.2
Other long-term receivables		0.2	0.2
Total non-current assets		2,132.1	2,393.7
Current assets
Inventories		362.4	349.6
Customer and other short-term receivables		358.8	376.4
Short-term derivatives and power contracts	6	7.2	57.6
Cash and cash equivalents		51.4	63.2
Total current assets		779.7	846.8
Total assets		2,911.8	3,240.6
Equity
Shareholder's equity
Share capital and share premium	4	52.7	52.7
Other equity not recognised in P&L		25.9	-16.0
Retained earnings		833.9	1,092.4
Total equity		912.5	1,129.1
Liabilities
Non-current liabilities
Long-term loans	10	816.7	785.7
Long-term leasing obligations	10	41.4	62.8
Deferred tax	5	104.5	127.9
Total non-current liabilities		962.6	976.4
Current liabilities
Trade payables and other current liabilities		463.6	514.8
Tax payable	5	14.0	29.9
Short-term loans	10	537.8	568.7
Short-term leasing obligations	10	21.3	21.7
Total current liabilities		1,036.7	1,135.1
Total liabilities		1,999.3	2,111.5
Total equity and liabilities		2,911.8	3,240.6
Of which net interest-bearing debt (long-term and short-term) incl. leasing obligations and sale leaseback	10	1,365.8	1,375.7
Of which net interest-bearing debt (long-term and short-term) ex. leasing obligations and sale leaseback	10	1,074.1	1,065.4

Interim report Q4 2024People Green Innovation Technology