Asset Buyout Partners Annual Report 2020

Figures in NOK Note 2020 2019 Cash consideration 592 572 336 Total consideration for shares - 592 572 336 Net cash payment Cash consideration including transaction costs 592 572 336 Cash received -4 810 098 Net cash payment - 587 762 238 Allocation of purchase price Investment property 8 607 491 416 Working capital items 20 -10 496 706 Cash 4 810 098 Other liabilities 20 -9 232 471 Purchase price - 592 572 336 Note 8 Investment property The table below specifies the changes in the carrying amount of investment property. Information on acquisitions performed are specified in note 7. Figures in NOK 2020 2019 Fair value 1.1 previous period 8 447 770 000 7 065 500 000 - Change in accounting principle IFRS 16 - 26 353 054 Fair value 1.1 8 447 770 000 7 091 853 054 Additions: - Upgrades of investment properties 31 051 383 54 577 647 - Purchase of investment properties - 607 491 416 - Net change in adjustments of fair value 630 311 277 691 521 570 - Additions of right-of-use assets 867 340 2 326 314 Fair value 31.12 9 110 000 000 8 447 770 000 Profit and loss relating to investment property Figures in NOK 2020 2019 Income from rents 571 020 215 524 664 888 Expenses related to property generating rental income -40 527 680 -35 928 749 Net rental income 530 492 535 488 736 139 Rent income from purchased property is included from the transaction date. For details on annual rent income see note 15. Asset Buyout Partners | Annual Report 2020 32