25.03.2015 17:00:00 CET
Alta, 25 March 2015
The Board of North Energy ASA (Ticker «NORTH») has today approved the annual accounts for 2014. The annual accounts, which is produced in accordance with IFRS, contains certain changes compared with the estimated annual result for 2014 published in the fourth quarter report released 12 February 2015. The changes pertains to the drilling operation in licence 510 which the company updated the market 20 February 2015.
Mill. Kroner | Approved | 12 Feb 2015 |
Annual Account 2014 | 2014 | |
Consolidated Results | ||
Exploration expenses | (365,1) | (332,1) |
Annual result | (124,5) | (117,2) |
Consolidated Balance | ||
Activated exploration expenses | 11,5 | 44,6 |
Defered tax asset | 131,7 | 106,0 |
Equity | 440,1 | 447,4 |
Total balance | 597,3 | 604,6 |
The annual report for 2014, with complete annual accounts, will be published through a stock exchange announcement and on the company website www.northenergy.no during April 2015.
Further information from:
Alexander Krogh, Finance Manager and Investor Relations
Mob: (+47) 416 48 650 | E-post: alexander.krogh@northenergy.no
This information is mandatory under Section 5-12 of the Securities Trading Act.