Balance sheet

Parent company				Group
31.12.2011	31.12.2012	(Amounts in NOK million)	Note	31.12.2012	31.12.2011

		ASSETS

		Intangible fixed assets
-	-	Goodwill		53	53
-	-	Other intangible fixed assets		13	13
-	-	Total intangible fixed assets		66	66

		Fixed assets
17 152	17 621	Tangible fixed assets	6	17 877	17 396
2 437	4 277	Plants under construction	7	4 277	2 437
267	272	Investment in subsidiaries	12	-	-
36	36	Investment in associates	12	54	54
1 390	1 417	Financial fixed assets	9,10	1 242	1 188
21 282	23 623	Total fixed assets		23 450	21 075

		Current assets
1 186	1 064	Trade accounts and other short-term receivables	9,10,13	976	1 138
272	327	Market-based securities	9,10	668	600
917	561	Liquid assets	9	634	1 002
2 375	1 952	Total current assets		2 278	2 740

23 657	25 575	Total assets		25 794	23 881

		EQUITY AND LIABILITIES

		Equity
2 700	2 700	Contributed capital		2 700	2 700
5 289	5 979	Other equity accrued		6 255	5 577
7 989	8 679	Total equity		8 955	8 277

		Long-term liabilities
343	443	Deferred tax	11	506	406
352	406	Pension liabilities	5	407	353
66	74	Other liabilities		75	66
11 110	12 623	Long-term interest-bearing debt	9,10,16	12 484	10 974
11 871	13 546	Total long-term liabilities		13 472	11 799

		Current liabilities
2 302	1 906	Short-term interest-bearing debt	9,10	1 906	2 302
1 224	1 234	Trade accounts payable and other short-term debt	9,10	1 251	1 232
271	210	Tax payable	11	210	271
3 797	3 350	Total current liabilities		3 367	3 805

23 657	25 575	Total equity and liabilities		25 794	23 881

The Board of Directors, Statnett SF

Kolbjørn Almlid Chairman of the Board	Kirsten Indgjerd Værdal	Kjerstin Bakke
Per Hjorth Deputy Chairman Heidi Ekrem	Egil Gjesteland Maria Sandsmark Pål Erland Opgård	Steinar Jøråndstad Auke Lont President and CEO