Page 53 - Bouvet årsrapport ENG 2010 ePub

Bouvet annual report 2010 53

Note 16: Cash and cash equivalents

NOK 1 000 2010 2009

Cash in hand and at bank – unrestricted funds 88 404 125 752 Deposit account – guarantee rent obligations 3 525 3 721 Employee withheld taxes – restricted funds 20 400 17 287 Cash and cash equivalents in the balance sheet 112 329 146 760

Te group has unused credit facilities of TNOK 1.218 at 31.12.2010 (TNOK 670 in 2009). Tere are no restrictions on the use of these funds.

Note 17: Share capital, shareholder information and dividend

(Shares in thousands) 2010 2009

Ordinary shares, nominal value NOK 1 10 250 10 250 Total number of shares 10 250 10 250

Changes in share capital and premium

No. of shares Share capital Premium

NOK 1 000 2010 2009 2010 2009 2010 2009

Ordinary shares issued and fully paid

At 31.12. 10 250 10 250 10 250 10 250 10 000 10 000 Own shares at nominal value 1 86 1 86 0 0

Troughout the year, the Company has sold 85 597 own shares to employees at a total amount of TNOK 3 424, giving an average sales price of NOK 40 per share. As a result of this, the holdings of own shares at the end of the year are 804 shares.

Te nominal value of the share is NOK 1. All shares in the company have equal voting rights and are equally entitled to dividend. Te computation of earnings per share is shown in note 9.