Page 103 - EVRY Annual Report 2012

Annual Accounts Group 103
Shares in associated companies:
Company (TNOK) Country Share % Book value
Gecko Informasjonssystemer AS Norway 34 % 1 074.0
InOne Europè AG Germany 39 % 271.0
NOK million
Gecko Informasjons-
systemer AS InOne Europè AG
Book value at December 31, 2010 1 039.0 313.0
The group's share of this years profit 885.0 -42.0
Share dividends -850.0 -
Book value at December 31, 2011 1 074.0 271.0
Summarised financial information for individual associated companies 1.1.12 - 31.12.12:
Selskap (TNOK) Assets Liabilities Equity Turnover Annual results
Gecko Informasjonssystemer AS 11 607.0 6 159.0 5 448.0 21 505.0 1 049.0
InOne Europè AG 978.0 249.0 729.0 3 991.0 -108.0
Shares in associated companies are recognized in the consolidated accounts in accordance with the equity method.
The group has the following investments in joint ventures:
Company Country Share %
Buypass AS Norway 50 %
The other 50 % ownership interest in Buypass AS is held by Norsk Tipping AS.
The group’s 50 % interest in the assets, liabilities, income and costs related to investments in joint ventures is
recognised as follows:
Buypass AS
NOK million 2012
ASSETS
Current assets 159.6
Non-current assets 17.0
LIABILITIES
Current liabilities 106.4
Non-current liabilities -0.2
Net assets 70.4
Result
Operating revenues 77.1
Operating costs 56.0
Profit for the year 16.3
Cash flow
Operational activities -21.3
Investment activities -2.3
Financial activities -12.5