DOCSLIB.ORG

Download Report (PDF)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Download Report (PDF) Growth comes from truly 2009 report Annual Telenor understanding the needs of people, to drive relevant change Annual report 2009 www.telenor.com Contents Dear shareholder // 01 Report from the Board of Directors 2009 // 02 Financial Statements Telenor Group Consolidated Income Statement // 16 Consolidated Statement of Comprehensive Income // 17 Consolidated Statement of Financial Position // 18 Consolidated Statement of Cash Flows // 19 Consolidated Statement of Changes in Equity // 20 Notes to the Consolidated Financial Statements // 21 Telenor ASA Income Statement // 88 Statement of Comprehensive Income // 89 Statement of Financial Position // 90 Statement of Cash Flows // 91 Statement of Changes in Shareholders’ Equity // 92 Notes to the Financial Statements // 93 Responsibility Statement // 106 Auditor’s report for 2009 // 107 Statement from the Corporate Assembly of Telenor ASA // 108 Financial Calendar 2010 // 108 Norway Hungary Bangladesh Denmark Montenegro Thailand Sweden Serbia Pakistan Ukraine India Russia Malaysia Dear shareholder Telenor Group has strengthened its position as a leading global telecoms operator through 2009. We delivered solid results and strong operating cash flow in spite of challenging macro economic conditions. With 10 million net subscriber additions during the year the Telenor Group reached 174 million mobile subscribers world- wide. The announcement of our agreement with Altimo in October to establish VimpelCom Ltd, the listing of Grameenphone in November and the launch of opera- tions in India in December are key milestones for the Telenor Group this year. The main focus within the Telenor Group this year has marking the completion of the first phase of the been to secure market positions while scaling our Uninor launch activities. Brand awareness and 1 mil- activities to a challenging business environment. The lion subscribers within the first weeks of operations Telenor Group continued its industrial strategy of provide a good basis for the next launch phase in the capturing growth opportunities combined with fastest growing telecoms market in the world. One of measures for cost efficiency and control of capital our main priorities in 2010 will be to focus Uninor’s expenditure. position and development. We had a strong operating cash flow in 2009 with Telenor Group continues to be ranked one of the top the Nordic region as the main contributor. In spite of companies on the Dow Jones Sustainability Indexes weak macro economic conditions, our operations in in the telecoms sector. We have focused on responsi- Central and Eastern Europe have delivered solid ble and sustainable business by systematically results throughout the year. The Asian operations addressing the health, safety, security and environ- have shown substantial improvements where sub- mental conditions in our companies and towards our scriber growth picked up in all our operations. suppliers. The climate challenge has been high on the agenda also in 2009 with the goal of reducing Telenor’s performance in Norway was strong in 2009, the CO2 emission intensity of Telenor Group’s global particularly within the mobile area where the operations by 40% in the period from 2008 to 2017. demand for mobile broadband was one of the main In addition, we aim to develop and deliver solutions revenue drivers. The new vendor agreements for enabling our customers to reduce their CO2 emis- mobile infrastructure in the Nordic region will secure sions and energy costs. enhanced customer experience and profitability on mobile broadband in the years to come. Moving into 2010, the Telenor Group will strive to secure our market positions while capturing organic The process of combining Kyivstar and OJSC Vimpel- growth opportunities. We will continue to implement Com into a leading emerging markets mobile opera- necessary efficiency measures and provide innova- tor, VimpelCom Ltd, is on track as we enter 2010. We tive and attractive solutions to our customers. With expect to finalise the transaction around mid 2010. more than 40 000 employees worldwide sharing the same visions and values, I am confident that we will The successful launch of operations in India in continue to strengthen our position through 2010. December was a significant milestone for the Group, telenor annual report 2009 page 01 Report from the Board of Directors 2009 Harald Norvik John Giverholt Chairman Vice-Chairman Dr. Burckhard Kjersti Kleven Olav Volldal Liselott Kilaas Barbara Milian Bergmann Boardmember Boardmember Boardmember Thoralfsson Boardmember Boardmember Sanjiv Ahuja Bjørn André Brit Østby Harald Stavn Boardmember Anderssen Fredriksen Boardmember, Boardmember, Boardmember, employee employee employee representative representative representative page 02 telenor annual report 2009 RepoRt fRom the BoaRd of diRectoRs The Telenor Group delivered strong perform- ance in 2009. Despite global recession Telenor upheld its margins and significantly increased cash flow. The Group passed 174 million mobile subscriptions by the end of the year. Main events during 2009 During 2009 the Telenor Group Com Ltd. VimpelCom Ltd., will have The Telenor Group delivered on maintained its market positions operations in Russia, Ukraine and the financial priorities for 2009. and added 10 million mobile sub- other CIS countries, and may seek Activities were scaled to the diffi- scriptions, reaching a total of 174 to expand in other emerging mar- cult business environment, cash million. Our operations in Pakistan, kets. The management of Vimpel- flow was significantly increased, Bangladesh and Russia were the Com Ltd. will be headquartered in and our market positions were main contributors to the subscriber the Netherlands, registered on upheld. growth. Uninor in India launched Bermuda and listed on the New its services in December and York Stock Exchange. The corpo- The NOK 10 billion cash flow target contributed with more than one rate governance structure agreed for the Nordic operations was million subscriptions. between the Telenor Group and achieved, led by revenue growth Altimo will reduce the potential for and cost control in the Norwegian In our Nordic markets the sub- new disputes. operations. In Asia, our Bangla- scription growth was driven by deshi operation Grameenphone the strong development in mobile As part of the proposed solution proved its leading position while broadband, reaching more than between the Telenor Group and Telenor in Pakistan soon will reach half a million mobile broadband Altimo, the parties will suspend cash flow breakeven. Despite deep subscriptions. The development all ongoing legal proceedings contraction in economic activity in was fuelled by attractive price and withdraw or settle them prior Central and Eastern Europe (CEE) plans and more user friendly to the expected completion of the and a challenging revenue devel- handsets. In Norway, Sweden and transaction mid 2010. Disappear- opment, our CEE operations were Denmark, Telenor entered into ance of the USD 1.7 billion claim able to generate strong margins substantial 3G and 4G equipment from Farimex, a minor shareholder and cash flow. All in all, the agreements that will enable in VimpelCom, is also a condition Telenor Group demonstrated its Telenor to provide future high precedent for completion. resilience to economic downturn quality data services at a low and by substantially increasing cash predictable cost. The agreement to acquire a con- flow from operations and, com- trolling stake in the Indian mobile bined with dividends received In October 2009 the Telenor operator Unitech Wireless was from Kyivstar and VimpelCom Group and Altimo, the telecom completed in March 2009. The during the year, this resulted branch of Alfa Group, signed an Board of Telenor ASA is aware of in Telenor closing 2009 with agreement to create a new lead- the market reactions to the invest- a strong financial position. ing emerging markets mobile ment in India. However, a number operator by combining their of Telenor Group’s operations are holdings in Kyivstar and OJSC reaching a more mature phase VimpelCom into a new jointly and India represents a unique owned mobile operator, Vimpel- business opportunity with still telenor annual report 2009 page 03 RepoRt fRom the BoaRd of diRectoRs more than 600 million Indians EBITDA 1) before other income and Profit before taxes was NOK 14.8 not connected to mobile networks expenses increased by NOK 1.3 billion compared to NOK 19.4 bil- by the end of 2009. billion to NOK 31.7 billion, while lion in 2008. Profit from associ- the corresponding EBITDA margin ated companies decreased by The business model in India offers of 32.5% increased by around NOK 3.1 billion to NOK 3.7, mainly flexibility as it is based on out- 1 percentage point compared to due to lower net income from sourcing principles and infra- 2008. Margin improvements in Kyivstar as a result of organic rev- structure provided by separate most operations, in particular in enue decline and a significant infrastructure service companies. Bangladesh, Norway and Pakistan, depreciation of the Ukrainian Hry- During the year Unitech Wireless were partially offset by costs in vnia against the Norwegian Krone, entered into a number of agree- the new operation in India and as well as the sales gain on the ments and contracts, including lower EBITDA from the CEE opera- disposal of Golden Telecom in roaming agreements securing tions. In addition, EBITDA before 2008. Net financial items national coverage. The service other income and expenses was decreased by NOK 1.0 billion, launch in December 2009 positively impacted by a one-time which was mainly due to the marked a milestone for the effect of NOK 570 million in EDB change in fair value of financial Telenor Group, as this was by far Business Partner, related to instruments related to derivatives the most rapid rollout ever under- change of pension plan. used for economic hedges that taken by the Group. Services were did not fulfil the requirements for successfully launched under the Operating profit was NOK 13.3 bil- hedge accounting. In addition, Uninor brand and based on the lion compared to NOK 15.7 billion operating profit decreased as Telenor brand design and content.
Load more

Recommended publications
  • Comsar-12.Pdf
    Sjøfartsdirektoratet Norwegian Maritime Directorate RAPPORT FRA COMSAR 12 Til: Sjøfartsdirektør, assisterende sjøfartsdirektør, avdelingsdirektørene, underdirektørene, delegasjonsmedlemmene, adressatene på COMSARs sirkulasjonsliste, samt alle distriktssjefene. Fra: Delegasjonen v/Turid Stemre / Sigmund A.A. Breivik Dato: 20. mai 2008 KOMITÉ: IMO’S SUB-COMMITTEE ON RADIOCOMMUNICATIONS AND SEARCH AND RESCUE 12th session (COMSAR 12), 7. – 11. april 2008. Den norske delegasjonen bestod av følgende: Seniorrådgiver Turid Stemre, Sjøfartsdirektoratet (delegasjonsleder), Plenum Senioringeniør, Sigmund Andreas Breivik, Sjøfartsdirektoratet, Plenum, WG 2, 3. Rådgiver Bente Michaelsen, Justis- og politidepartementet, Plenum, [WG] Seniorrådgiver Trond Ski, Kystverket Plenum, [WG] Redningsinspektør Merete Jeppesen, Hovedredningssentralen N-Norge, Plenum, [WG] Redningsleder Ørjan Delbekk, Hovedredningssentralen Nord-Norge, Plenum, [WG] Kystradiosjef Jan Erik Steder, Telenor Maritim Radio, Plenum, [WG] Rådgiver Conny Charman, Telenor Maritim Radio Plenum, [WG] Rådgiver Stein Isaksen, Telenor Maritim Radio Plenum, [WG] Sjefsingeniør Inger-Lise Walter, Post- og teletilsynet Plenum, [WG] Førstekonsulent Arild Gjeldsvik, Fiskeri- og kystdepartementet Plenum, [WG] Regionsdirektør John Erik Hagen, Kystverket, Plenum, [WG] Rådgiver Ingunn Hestnes, Nærings- og handelsdepartementet, Plenum, [WG] Arbeidsgrupper: WG 1 - SAR Working Group WG 2 - Technical Working group (GMDSS, ITU and operational matters and performance standards) WG 3 - E-navigation Working Group
    [Show full text]
  • ZONE COUNTRIES OPERATOR TADIG CODE Calls
    Calls made abroad SMS sent abroad Calls To Belgium SMS TADIG To zones SMS to SMS to SMS to ZONE COUNTRIES OPERATOR received Local and Europe received CODE 2,3 and 4 Belgium EUR ROW abroad (= zone1) abroad 3 AFGHANISTAN AFGHAN WIRELESS COMMUNICATION COMPANY 'AWCC' AFGAW 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN AREEBA MTN AFGAR 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN TDCA AFGTD 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN ETISALAT AFGHANISTAN AFGEA 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 1 ALANDS ISLANDS (FINLAND) ALANDS MOBILTELEFON AB FINAM 0,08 0,29 0,29 2,07 0,00 0,09 0,09 0,54 2 ALBANIA AMC (ALBANIAN MOBILE COMMUNICATIONS) ALBAM 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALBANIA VODAFONE ALBVF 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALBANIA EAGLE MOBILE SH.A ALBEM 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA DJEZZY (ORASCOM) DZAOT 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA ATM (MOBILIS) (EX-PTT Algeria) DZAA1 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA WATANIYA TELECOM ALGERIE S.P.A.
    [Show full text]
  • Download PDF Dossier
    Halberd Bastion Pty Ltd ABN: 88 612 565 965 58 Latrobe Terrace, Brisbane Queensland, Australia, 4064 [email protected] Research Dossier: VEON (VimpelCom) Headquarters Netherlands Company Name VEON Ltd. Ownership Type Publicly Traded Company Ownership/Controlling Entities Telenor Group Website https://veon.com/ Company Overview VEON, previously known as VimpelCom, is an international communications and technology company driven by a vision to unlock new opportunities for our customers as they navigate the digital world. Present in some of the world's most dynamic markets, VEON provides more than 235 million customers with voice, fixed broadband, data and internet services. VEON offers services to customers in 13 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, and Laos. VEON operates under the “Beeline”, “Kyivstar”, “WIND 3”, “Jazz”, “banglalink”, and “Djezzy” brands. VEON is headquartered in Amsterdam, the Netherlands, and is traded on the NASDAQ Global Select Market and Euronext Amsterdam under the symbol "VEON". Groups Under Direction The company maintains a significant controlling stake in 1 group companies globally. Group companies are those maintaining a parent relationship to individual subsidiaries and/or mobile network operators. Global Telecom Holding Headquarters: Netherlands Type: Publicly Traded Company, Subsidiary Subsidiaries The company has 8 subsidiaries operating mobile networks. Beeline Armenia Country: Armenia 3G Bands:
    [Show full text]
  • Shaping Our Financial Future Socio-Economic Impact of Mobile Financial Services
    Shaping our financial future Socio-economic impact of mobile financial services 1 Growth comes from truly understanding the needs of people, to drive relevant change 2 Foreword It is my pleasure to introduce you to our most recent study on the socio-economic impact of mobile financial services, conducted with the help of Boston Consulting Group (BCG). Through our research, we looked at what mobile financial services will mean to the world in the year 2020. We specifically delved into five countries: Pakistan, Malaysia, Bangladesh, India and Serbia, all markets in which Telenor Group has mobile operations. Without giving away too much of what lies ahead, I can firmly say that mobile financial services will have a significant impact on the economic and societal growth of the countries studied. By bringing banking services and financial products to people who are entirely unbanked at present, they now have the chance to strengthen their development and prosper. The mobile phone is the key to simpler money transfers, readily accessible savings accounts, new methods of bill payment and even insurance products to protect against unforeseen events. This is the first comprehensive study to truly identify the impact of mobile financial services over the next decade. It helps us understand how the introduction of these services can create more jobs in Pakistan, bring insurance to more people in India and increase Serbia’s GDP. While the results of our study are not absolute, they give an indication of what is possible with the appropriate regulatory framework and governmental support. As a global telecommunications operator, we have a unique role to play in the development and expansion of mobile financial services.
    [Show full text]
  • Annual Report
    Annual Report 2012 2012 in brief A solid year 148 million subscribers, NOK 102 billion in revenues, 5% organic revenue growth, EBITDA before other items of NOK 33 billion and operating cash flow of NOK 20 billion 1). Strong performance in Norway Data usage increases, strong customer uptake on bundled tariffs and revenue increases. Investments into fixed and mobile networks continue at rapid pace, to ensure superior coverage and user experiences now and in the future. Data drives growth Contents DTAC granted 3G licence in Thailand. Norway enters a 4G era. Dear Shareholder /01/ Smartphones are in demand globally, and Telenor brings mobile Report from the Board of Directors 2012 /02/ Internet to the masses in Asia. With modernised networks and service offerings, Telenor is well-positioned to capture data growth. Financial Statements Telenor Group Consolidated Income Statement /20/ Moving forward in India Consolidated Statement of Telenor secured new spectrum and is now operational in six Comprehensive Income /21/ telecom circles in India – on track for operating cash flow break- Consolidated Statement of Financial Position /22/ even towards the end of 2013. Consolidated Statement of Cash Flows /23/ Consolidated Statement of Investing in VimpelCom Changes in Equity /24/ During the year, Telenor restored its ownership stake in Notes to the Consolidated VimpelCom. VimpelCom showed improved operational perform- Financial Statements /25/ ance and dividend pay-out was resumed towards the end of the year. Telenor ASA Income Statement /94/ Sustainability leader Statement of Comprehensive Income /95/ For the 11th year running, Telenor Group continues to rank as Statement of Financial Position /96/ one of the top sustainability leaders in the telecommunications Statement of Cash Flows /97/ section on the Dow Jones Sustainability Index.
    [Show full text]
  • Annual Report 2018
    ANNUAL REPORT 2018 ANNUAL REPORT Grameenphone Ltd. GPHouse Bashundhara, Baridhara, Dhaka-1229, Bangladesh Tel: +880-2-9882990, +88 01799882990 Fax: +880-2-9882970 Website: www.grameenphone.com EXPLORE Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the MORE scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information about the Company and its current activities: www.grameenphone.com ANNUAL REPORT 2018 We live in a world where pocket-sized devices have become the gateway for limitless exploration and unbound resources, something previously unimaginable. Now knowledge, wisdom and opportunities are just a few clicks away, heralding a new horizon of technological empowerment. At Grameenphone, we help overcome boundaries through digitalisation. Our products’ platforms serve as a catalyst to realising dreams. We believe in continuous innovation and ensuring the best customer experience in everything we do. Welcome to our Annual Report 2018 This report aims to inform stakeholders about our financial and non-financial performances in 2018. This includes a look at how we create value over time and how our strategy addresses the challenges, risks and opportunities Grameenphone faces in a fast-changing world. WHAT’S INSIDE 01 Overview 02 Business Performance An introduction to our report with a snapshot of our An insight into our operation
    [Show full text]
  • GMDSS.1/Circ.21 31 May 2017 MASTER PLAN of SHORE-BASED
    E 4 ALBERT EMBANKMENT LONDON SE1 7SR Telephone: +44 (0)20 7735 7611 Fax: +44 (0)20 7587 3210 GMDSS.1/Circ.21 31 May 2017 MASTER PLAN OF SHORE-BASED FACILITIES FOR THE GLOBAL MARITIME DISTRESS AND SAFETY SYSTEM (GMDSS MASTER PLAN) 1 This circular supersedes GMDSS.1/Circ.20 and contains the latest information based on replies received from Member States. In order to facilitate the smooth migration of information into the GISIS system in the near future, the Secretariat has deleted obsolete information including entries on planned stations previously submitted by Member States. In addition, the Secretariat has deleted references to the Inmarsat B service which was terminated on 30 December 2016. 2 Member States are invited to bring the information to the attention of all Parties concerned. 3 Member States are further invited to check their national data in the annexed information for accuracy, and provide the necessary amendments highlighting the changes from this edition, as soon as possible, and to respond to MSC.1/Circ.1382/Rev.2, if they have not already done so. For ease of reference, the Secretariat has highlighted entries that are missing information or require updating in the relevant annexes, by using the abbreviation "N.I.". 4 Member States are invited to send information and queries to [email protected]. A Word version of MSC.1/Circ.1382/Rev.2 could also be requested through this email address. I:\CIRC\GMDSS\01\GMDSS.1-CIRC.21.docx GMDSS.1/Circ.21 Page 2 LIST OF ANNEXES ANNEX 1 – STATUS OF SHORE-BASED FACILITIES FOR THE GMDSS ANNEX
    [Show full text]
  • Vimpelcom Ltd
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F Registration Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 OR ⌧ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2012 OR Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 OR Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 1-34694 VIMPELCOM LTD. (Exact name of registrant as specified in its charter) Bermuda (Jurisdiction of incorporation or organization) Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands (Address of principal executive offices) Jeffrey D. McGhie Group General Counsel & Chief Corporate Affairs Officer Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands Tel: +31 20 797 7200 Fax: +31 20 797 7201 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares, or ADSs, each representing one common share New York Stock Exchange Common shares, US$ 0.001 nominal value New York Stock Exchange* * Listed, not for trading or quotation purposes, but only in connection with the registration of ADSs pursuant to the requirements of the Securities and Exchange Commission. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 1,628,199,135 common shares, US$ 0.001 nominal value.
    [Show full text]
  • Evaluation Report Harbourex15
    REPORT Evaluation Report HarbourEx15 February 2016 Published by: Norwegian Directorate for Civil Protection (DSB) 2016 ISBN: 978-82-7768-379-9 (PDF) Graphic production: Erik Tanche Nilssen AS, Skien Evaluation Report HarbourEx15 February 2016 WAY FORWARD AFTER HARBOUREX15 Exercises often identify deficiencies and vulnerabili- emerged after solid and close cooperation across sec- ties in the emergency planning of the organisations. tors and levels, and DSB would like to greatly thank This is also the case with HarbourEx15. All the orga- those involved in the work. nisations that participated in the exercise must take joint responsibility for the primary initiatives that The Way Forward process has resulted in the follo- have been proposed for national follow-up, in addi- wing nine proposed initiatives: tion to their internal improvement measures. If the organisations only take responsibility for compensa- Common situation overview for the emergency ting for their own non-conformities and deficiencies, communications centres nothing will happen with what has been identified as Initiative: The 11X Forum prepares recommen- a need for joint improvement measures. The proposals dations for situation reporting across sectors and for improvement measures that are being presented levels (viewed in conjunction with the Emergency here are meant to take national emergency planning Communications Project with co-location that is to one step further and are essentially aimed at the be completed in 2022). development of coordination, cooperation and com- Effect: A common situation overview has consequ- munication. Improved opportunities and capabilities ences for all levels. Faster and more readily available for cooperation, coordination and communication are updates will provide a common situation overview central and are recurring keywords for improvement that will contribute to the right resource at the right points from different evaluation reports over the last time saving lives.
    [Show full text]
  • Opera Mini Opera Mobile Shipments Pre-Installed in 4Q08: 7.3 Million
    Opera Software Fourth quarter 2008 A note from our lawyers 2 This presentation contains and is, i.a., based on forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements . Forward-looking statements may in some cases be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “pp,gpgyotential” or “continue”, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially, and a number of factors may cause our actual results to differ materially from any such statement. Although we believe that the expectations and assumptions reflected in the statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement. Opera Software ASA makes no representation or warranty (express or implied) as to the correctness or completeness of the presentation, and neither Opera Software ASA nor any of its direc tors or emp loyees assumes any lia bility resu lting from use. Excep t as requ ire d by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. You are advised, however, to consult any further public disclosures made by us, su ch as filings made w ith the OSE or press releases .
    [Show full text]
  • Form F-20 2001, 1.39 MB
    SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F n REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ≤ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2001 OR n TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 0-31054 Telenor ASA (Exact name of Registrant as specified in its charter) Norway (Jurisdiction of incorporation or organization) Snarøyveien 30, N-1333 Fornebu, Norway (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: None Securities registered or to be registered pursuant to Section 12(g) of the Act: Ordinary Shares, nominal value NOK 6 per share Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None The number of outstanding shares of each of the issuer’s classes of capital or common stock as of December 31, 2001: 1,772,730,652 Ordinary Shares of NOK 6 each. Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes X No Indicate by check mark which financial statement item the registrant has elected to follow.
    [Show full text]
  • Årsrapport 2010
    Telenor Årsrapport 2010 Årsrapport Telenor built around people Årsrapport 2010 Growth comes from truly understanding the needs of people, to drive relevant change www.telenor.com /SIDE 113/ TELENOR årsraPPORT 2010 Telenor-konsernets mobilvirksomheter Uninor – India Innhold Telenor – Pakistan Telenor har en 67,25 % eierandel Til aksjonærene /01/ Telenor eier 100 % av Telenor i Uninor i India, som lanserte sine i Pakistan, som er landets nest tjenester i desember 2009. Årsberetning 2010 /02/ største mobiloperatør. Årsregnskap Telenor – Norge Grameenphone Telenor Konsern Telenor er Norges ledende – Bangladesh tilbyder av telekommunikasjon. Telenor har en 55,8 % eierandel i Resultatregnskap /16/ Grameenphone, som er den største mobiloperatøren i Bangladesh. Oppstilling av totalresultat /17/ Grameenphone er notert på Dhaka Oppstilling av finansiell stilling /18/ Stock Exchange (DSE) Ltd. og Chittagong Telenor – Sverige Stock Exchange (CSE) Ltd. OppstillingTelenor av eier kontantstrømmmer 100 % av Telenor /19/ i Sverige, som er landets tredje Oppstillingstørste av mobiloperatør. endringer i egenkapital /20/ Noter til konsernregnskapet /21/ Telenor ASA Resultatregnskap /90/ Oppstilling av totalresultat /91/ dtac – Thailand Telenors finansielle eksponering Oppstilling av finansiell stilling /92/ i Dtac er 65,5 %. dtac er den nest Telenor – Danmark største mobiloperatøren i Thailand Oppstilling av kontantstrømmmer /93/ og er børsnotert i Thailand og Telenor eier 100 % av Telenor Singapore. Oppstillingi Danmark, av endringersom er landets nest i egenkapital /94/ Noter tilstørste regnskapet mobiloperatør. /95/ Erklæring fra styret og daglig leder /108/ Revisjonsberetning for 2010 /109/ Uttalelse fra bedriftsforsamlingen i Telenor ASA /111/ Finansiell kalender 2011 /111/ DiGi – Malaysia Telenor – Ungarn Telenor har en 49 % eierandel i DiGi, Telenor eier 100 % av Telenor den tredje største mobiloperatøren i Ungarn, som er landets nest i Malaysia.
    [Show full text]