Hexagon Annual Report 2019

(NOK 1 000) SHARE OPTIONS 2019 RSUS 2019 PSUS 2019 SHARE OPTIONS 2018 RSUS 2018 Outstanding instruments 1 January 3 675 000 100 000 3 465 000 0 Instruments granted 0 49 994 2 422 476 1 200 000 100 000 Instruments exercised -875 000 0 0 0 Instruments lapsed -95 000 0 -186 570 -990 000 0 Share instruments outstanding 31 December 2 705 000 149 994 2 235 906 3 675 000 100 000 Exercisable at 31 December 0 0 0 0 0 OVERVIEW OF NUMBER OF OUTSTANDING INSTRUMENTS (NOK 1 000) RSUS AWARDED 2019 PSUS AWARDED 2019 SHARE OPTIONS AWARDED 2018 RSUS AWARDED 2018 Weighted average fair values at the measurement date per share (NOK) 27.65 36.50 6.79 23.50 Dividend yield (%) 0 % 0 % 0 0 Expected volatility (%) 0 % 0 % 45,52 % 0 % Risk-free interest rate (%) 0 % 0 % 1.20 % 0 % Expected life of share options (years) 4.00 3.83 3.29 3.00 Weighted average share price (NOK) 0 0 20.85 0 Model used Black- Scholes Black- Scholes Black- Scholes Black- Scholes THE FOLLOWING TABLE LIST THE INPUT TO THE MODEL USED FOR THE PLAN FOR YEAR ENDED 31 DECEMBER The Group’s related parties consist of associates, joint ventures, main shareholders, members of the Board and management. Transactions with joint ventures are disclosed in note 25. NOTE 27 TRANSACTIONS WITH RELATED PARTIES All the transactions were carried out as part of normal business and at arm’s length prices. (NOK 1 000) 2019 2018 Sales revenue 18 765 27 556 Cost of materials 0 111 Other operating expenses 2 024 1 778 THE INCOME STATEMENT INCLUDES THE FOLLOWING AMOUNTS RESULTING FROM TRANSACTIONS WITH RELATED PARTIES (NOK 1 000) 2019 2018 Trade receivables 399 3 812 Trade payables 0 387 THE BALANCE SHEET INCLUDES THE FOLLOWING AMOUNTS RESULTING FROM TRANSACTIONS WITH RELATED PARTIES Transactions with related parties reduced since Agility has become a consolidated subsidiary. 59 145 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS