Consolidated Balance Sheet

NOK million	Note no.	IFRS 31 March 2024	IFRS 31 March 2023*	IFRS 31 December 2023
Assets
Non-current assets
Tangible fixed assets	2	804.2	860.9	819.4
Investment property		157.0	175.0	157.0
Intangible assets	2	20.1	20.5	20.4
Deferred tax assets	5	1.3	1.2	1.4
Long-term derivatives and power contracts	6	33.3	108.2	78.0
Investment in associate (financial investment before 9 March 2023)	12	1,285.0	1137.1	1317.2
Other long-term receivables		0.3	0.3	0.2
Total non-current assets		2,301.2	2303.1	2393.7
Current assets
Inventories		343.0	395.5	349.6
Customer and other short-term receivables		358.9	416.3	376.4
Short-term derivatives and power contracts	6	39.3	42.6	57.6
Cash and cash equivalents		25.2	19.7	63.2
Total current assets		766.4	874.1	846.8
Total assets		3,067.6	3177.2	3240.6
Equity
Shareholder's equity
Share capital and share premium	4	52.7	52.7	52.7
Other equity not recognised in P&L		23.1	2.0	-16.0
Retained earnings		988.6	932.7	1092.4
Sum egenkapital tilordnet selsk. aksjonærer		1,064.4	987.4	1129.1
Total equity		1,064.4	987.4	1129.1
Liabilities
Non-current liabilities
Long-term loans	10	771.2	826.2	785.7
Long-term leasing obligations	10	58.9	67.7	62.8
Deferred tax	5	113.2	141.7	127.9
Total non-current liabilities		943.3	1035.7	976.4
Current liabilities
Trade payables and other current liabilities		460.4	469.1	514.8
Tax payable	5	11.4	23.3	29.9
Short-term loans	10	566.1	641.7	568.7
Short-term leasing obligations	10	22.1	20.1	21.7
Total current liabilities		1,059.9	1154.2	1135.1
Total liabilities		2,003.3	2,189.9	2,111.5
Total equity and liabilities		3,067.6	3,177.2	3,240.6
Of which net interest-bearing debt (long-term and short-term) incl. leasing obligations and sale leaseback	10	1,393.1	1,518.7	1,375.7
Of which net interest-bearing debt (long-term and short-term) ex. leasing obligations and sale leaseback	10	1,085.8	1,219.1	1,065.4
*Q1 2023 is adjusted

Interim Report Q1 2024People Green Innovation Technology

Consolidated Balance Sheet