Income Statement Group
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NOTE 15
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LONG-TERM DEBT
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Amounts in NOK million
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2011
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2010
|
|
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Other long-term interest-bearing debt
|
15
|
18
|
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Total long-term debt
|
15
|
18
|
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Long-term debt consists of a small bank facility in one of the Group’s subsidiaries which is historically contigent and an option related to the buyout responsibility concerning Unisec Varularm AB, Eiendomssikring AS and Mini Entreprenad AB. See also note 25. The options are assessed based on fair value per 31 December 2011 and the change in value is recognised in the result as a change in financial items. See also note 22, net financial items.
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The below table represents the Group’s liabilities based on fair value per 31 December 2011:
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Amounts in NOK million
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2011
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2010
|
|
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Other long-term debt
|
11
|
16
|
|
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Total liabilities
|
11
|
16
|
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