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2020

Annual report

Key figures

Key figures consolidated accounts

USD million unless otherwise stated 2020 2019 2018 Restated 2017
Income statement

 

Total income

 

 

2,958

 

 

3,909

 

 

4,065

 

 

3,027

Operating profit before depreciation, amortisation and impairment (EBITDA)

 

473

 

805

 

601

 

573

Operating profit (EBIT)

(84) 358 244 301

Profit before tax

(306) 112 78 148

Profit for the period

(302) 102 58 146
Balance sheet

 

Non-current assets

 

 

6,391

 

 

6,747

 

 

6,204

 

 

6,376

Current assets

1,237 1,048 1,210 1,487

Total assets

7,628 7,796 7,414 7,863
 

Equity – parent

 

2,391

 

2,678

 

2,647

 

2,622

Equity – NCI

224 243 228 228

Interest-bearing debt

4,081 4,044 3,584 3,764
Key financial figures

 

Net cash flow provided by operating activities

 

 

 

615

 

 

 

749

 

 

 

272

 

 

 

462

Liquid funds at 31 Dec

654 398 484 796

Current ratio 1)

1.1 1.0 1.1 1.0

Equity ratio 2)

34% 37% 39% 36%
Yield

 

Return on equity

 

 

(11.4)%

 

 

3.5%

 

 

2.0%

 

 

5.1%

Key figures per share

 

Basic and diluted earnings per share

 

 

(0.68)

 

 

0.22

 

 

0.12

 

 

0.37

EBITDA per share

1.12 1.90 1.42 1.54

Average number of shares outstanding (thousand)

422,360 422,326 422,974 423,105

Market price at year end (NOK)

23.20 21.82 29.70 59.25

Market price high (NOK)

28.40 32.05 65.00 59.25

Market price low (NOK)

7.75 19.38 27.90 35.90

Dividend paid per share (USD)

0.12

1) Current assets divided by current liabilities
2) Equity in percent of total assets

For 2017, earnings per share is calculated based on 220,000,000 shares for Q1 and 423,104,938 shares for the remaining part of 2017. See pages 143-145 in the annual report PDF for presentations of alternative performance measures.