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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

CHANGES IN EQUITY IN DNV GL GROUP AS AMOUNTS IN NOK MILLION

Equity at 1 January 2016

SHARE CAPITAL

SHARE PREMIUM

OTHER EQUITY

100.0

9 323.5

3 926.9

Profit for the period Equity at 31 December 2016

CURRENCY TRANSLATION DIFFERENCES

0.0

NONCONTROLLING INTEREST

0.0

151.9 100.0

9 323.5

4 078.8

TOTAL

13 350.4 151.9

0.0

0.0

13 502.3

Profit for the period

269.1

269.1

Group contribution

(2.7)

(2.7)

Equity at 31 December 2017

CHANGES IN EQUITY IN DNV GL GROUP AS CONSOLIDATED AMOUNTS IN NOK MILLION

Equity at 1 January 2016

100.0

9 323.5

4 345.2

SHARE CAPITAL

SHARE PREMIUM

OTHER EQUITY

100.0

9 323.5

5 467.1

Profit for the period

0.0

CURRENCY TRANSLATION DIFFERENCES

3 919.5

(228.7)

0.0

NONCONTROLLING INTEREST

13 768.7

TOTAL

40.0

18 850.2

12.9

(215.8)

Actuarial gains/(losses) on defined benefit pension plans

(85.8)

Exchange differences

(85.8) (1 056.7)

(1 056.7)

Share of other comprehensive income from associates

60.8

Other equity changes Equity at 31 December 2016

60.8

(24.9) 100.0

9 323.5

Profit/(loss) for the period

5 188.6

2 862.9

49.8

(19.0)

(43.8)

33.9

17 508.9

11.7

61.5

Actuarial gains/(losses) on defined benefit pension plans

423.6

Exchange differences

423.6 885.1

885.1

Adjustment of payroll tax defined benefit pension plans Norway ยน

(63.1)

(63.1)

Other equity changes Equity at 31 December 2017

100.0

9 323.5

5 599.0

3 748.0

(5.9)

(5.9)

39.7

18 810.1

1) In previous years, the IAS 19 actuarial calculations have not shown a split between the pension liabilities for the Norwegian funded and unfunded pension plans. Thus, payroll taxes have historically been reflected on the total net pension liabilities for these plans. For 2017, the IAS 19 actuarial calculations have been made for the funded and the unfunded pension liabilities separately resulting in an increase of payroll tax of NOK 63.1 million as per 1 January 2017. The amount has been adjusted to other equity in 2017.

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ANNUAL REPORT 2017

DNV GL Annual Report 2017  

The annual report provides a review of DNV GL’s business and its financial and sustainability performance. Read more on https://annualreport...

DNV GL Annual Report 2017  

The annual report provides a review of DNV GL’s business and its financial and sustainability performance. Read more on https://annualreport...