DOCSLIB.ORG

Annual Report 2018 Contents | the Eika Alliance | Eika Boligkreditt in Brief | Directors’ Report and Financial Statements | Key Figures 2/61

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2018 Contents | the Eika Alliance | Eika Boligkreditt in Brief | Directors’ Report and Financial Statements | Key Figures 2/61 Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 1/61 Annual report 2018 Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 2/61 At your side. Photo front page: Gimsøystraumen in Lofoten, Nordland Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 3/61 Contents The Eika Alliance 4 Eika Boligkreditt in brief 5 History 6 2018: Highlights 7 Eika Boligkreditt in brief 8 Ownership structure and management 9 Board of directors 10 Management 11 Vision, goals and strategies 12 Strategy pyramid 13 Results and key figures 14 Directors’ report and financial statements 17 Financial highlights 2018 18 Directors’ report 19 Declaration pursuant to section 5-5 of the Norwegian Securities Trading Act 27 Statement of comprehensive income 28 Balance sheet 29 Assets 29 Liabilities and equity 30 Statement of changes in equity 31 Statement of cash flow 32 Notes to the accounts 33 Auditor’s report 57 Key figures 60 Hauklandsstranda in Lofoten, Nordland Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 4/61 The Eika Alliance Lindesnes lighthouse, Vest-Agder The Eika Alliance comprises 68 local banks, Eika Gruppen and Eika Boligkreditt. More than NOK 450 billion in total assets, almost a million customers and about 2 700 employees make it one of the largest players in the Norwegian banking and financial market – and one of the most important players in Norway’s local communities. Eika Boligkreditt kreditt consequently ranks as an important will also ensure them a strong position in to ensure strong and caring local banks Eika Boligkreditt AS is a credit institu- contributor to reducing financing risk for the the future. The local bank is moreover a which serve as a driving force for growth tion owned at 31 December 2018 by 66 local banks and to ensuring that customers trusted and important adviser to the local and development, for customers and for Norwegian local banks in the Eika Alliance of the local banks achieve competitive terms business community, with the emphasis the local community. The group delivers a and OBOS. Its principal purpose is to provide for their residential mortgages. on small and medium-sized enterprises. complete platform for banking infrastruc- access for the local banks to long-term Through their philanthropic donations, ture, including IT, payment processing and and competitive funding. The company is The local banks in Eika too, the banks in the alliance contribute digital services which make the local bank licensed as a credit institution, and finances Local savings banks have contributed to to innovation, growth and development competitive. In addition, it comprises the the local banks by issuing internationally settlement, economic development and by financing culture, sports and voluntary product companies Eika Forsikring, Eika rated covered bonds. By virtue of its size, security for private customers and the organisations. Levels of customer satisfac- Kredittbank, Eika Kapitalforvaltning and Eika Boligkreditt is able to raise loans in business sector in Norwegian local commu- tion with and loyalty to the alliance banks Aktiv Eiendomsmegling. Eika Gruppen’s both Norwegian and international financial nities for almost 200 years. The local banks in Eika are among the highest in Norway in products and solutions are distributed markets, and to seek financing wherever the in the Eika Alliance are fully independent both private and company markets. through some 250 offices in Norway. Eika best market terms can be obtained at any and control their own strategy, brand and Boligkreditt was demerged from the Eika given time. Eika Boligkreditt ensures that visual identity. Eika Gruppen Gruppen financial group in 2012, and the alliance banks have access to financing A local presence, advisers with integrated Eika Gruppen serves as the financial services became directly owned by the local banks on roughly the same terms as the larger financial expertise, and a clear commitment group in the Eika Alliance, and is owned by and OBOS. banks in the Norwegian market. Eika Bolig- to their customers and the local community 68 local banks. Its strategic foundation is Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 5/61 Eika Boligkreditt in brief History 6 2018: Highlights 7 Eika Boligkreditt in brief 8 Ownership structure 9 Board of directors 10 Management 11 Vision, goals and strategies 12 Strategy pyramid 13 Results and key figures 14 Bjørvika, Oslo Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 6/61 History | 2018: Highlights | Eika Boligkreditt in brief | Ownership structure | Board of directors | Management | Vision, goals and strategies | Results and key figures History 2005 2007 2009 2010 2012 • The first residential mortgage • The Norwegian regulations for • Total bank financing through • Eika Boligkreditt moves into new • Eika Boligkreditt is demerged is disbursed on 28 February to covered bonds come into force Eika Boligkreditt exceeds NOK 20 Oslo premises in Parkveien. from Eika Gruppen AS and Røros-banken. in June. billion during November. • Kjartan M Bremnes takes over becomes directly owned by the • The mortgage portfolio exceeds • Eika Boligkreditt’s covered bonds • The company’s covered bonds as chief executive of Eika Bolig- local banks and OBOS. NOK 1 billion as early as October. are rated Aaa by Moody’s Investors are downgraded to Aa2 by kreditt. • A tighter structure of agree- Service in the same month. Moody’s Investors Service. ments is established between the • The company issues its first • Eika Boligkreditt participates in new owners and the company. covered bond in Norway during a NOK 10.4 billion swap arrange- • Total assets exceed NOK 50 August, while the first interna- ment with the Norwegian billion during June. tional transaction takes place on government. • The company issues its first 24 October. “jumbo” (EUR 1 billion) bond in the euro market. 2014 2015 2016 2017 2018 • Moody’s Investors Service • Eika Boligkreditt introduces • Eika Boligkreditt is integrated in • Eika Boligkreditt exceeds NOK • The banks begin to issue upgrades the company’s covered individual lending rates for the the banks’ credit portal at the 100 billion in total assets. mortgages directly via their own bonds to Aa1 (AA+). owner banks. end of October. • Rating of the company’s covered credit portal. • Eika Boligkreditt’s covered • New and improved agreement • Total bank financing through bonds is upgraded from Aa1 • Conducted a syndicated bonds are registered on the Oslo on credit guarantees comes into Eika Boligkreditt exceeds NOK 70 to Aaa. benchmark covered bond trans- Stock Exchange’s covered bond force on 1 October. billion. • The company receives its first action for NOK 5 billion. benchmark list. • The company’s covered bonds • An agreement is entered into published issuer rating (Baa1). • Eika Boligkreditt increased its • Total bank financing through have their rating further strength- with the owner banks on the • Eight owner banks merge to holding in Eiendomsverdi AS Eika Boligkreditt exceeds NOK 60 ened by a notch in leeway. delivery of key data related to the become four. The number of from 18.79 to 25 per cent. billion. • Four owner banks merge into company’s rating from Moody’s owner banks is correspondingly • Total bank financing through • Commissions to owner banks of two, and the number of owner Investors Service. reduced. Eika Boligkreditt exceeds NOK 80 NOK 582 million. banks is correspondingly billion. reduced. Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 7/61 History | 2018: Highlights | Eika Boligkreditt in brief | Ownership structure | Board of directors | Management | Vision, goals and strategies | Results and key figures 2018: Highlights 20 66 392 108 BN 53 THOUSAND EMPLOYEES LOCAL BANKS LOCAL AUTHORITIES TOTAL ASSETS MORTGAGES Eika Boligkreditt has 20 Eika Boligkreditt was directly Eika Boligkreditt’s cover pool Total assets were NOK 108 billion Eika Boligkreditt has 53 451 permanent employees. In owned by 66 local banks and includes mortgagees in 392 at 31 December. mortgages in its cover pool. addition, the company OBOS at 31 December 2018. Norwegian local authorities. has an agreement with Eika Gruppen on purchasing services in a number of areas. 50.3% 27.6 % 46.2% 482 MILL 16.6 BN CURRENCY MORTGAGED PROPERTY LTV COMMISIONS NEW ISSUES 50.3 per cent of the company’s 27.6 per cent of the mortgaged The average loan to value (LTV) Distributor commissions to the Eika Boligkreditt issued NOK 16.6 covered bonds are financed in property in the company’s cover on mortgages in the cover pool owner banks totalled NOK 482.4 billion in bonds, with rougly 70 NOK, while 49.7 per cent are pool lies in Oslo and Akershus. was 46.2 per cent. million, compared with NOK per cent denominated in NOK and financed in other currencies – 433.2 million in 2017. the rest in EUR. primarily EUR. Contents | The Eika Alliance | Eika Boligkreditt in brief | Directors’ report and financial statements | Key figures 8/61 History | 2018: Highlights | Eika Boligkreditt in brief | Ownership structure | Board of directors | Management | Vision, goals and strategies | Results
Load more

Recommended publications
  • Lokalbanker Krever Retningsendring for Eika
    Lokalbanker krever retningsendring for Eika En gruppering bestående av 11 lokalbanker fra ulike deler av landet krever endring av Eikas strategiske retning og av avtaleverket som knytter dem til Eika Gruppen AS. De mener at kostnadsutviklingen i Eika ikke er bærekraftig for den enkelte lokalbank. - Alliansen av lokalbanker i Eika er viktig og vi ønsker å være del av den. Samtidig er vi nå mange lokalbanker fra hele landet som er så dypt bekymret over kostnadsutviklingen at vi ser oss nødt til å handle, sier Bjørn Asle Hynne, banksjef i Aasen Sparebank. Han er talsperson for grupperingen av 11 lokalbanker, som sammen står bak et krav om strategiske endringer i Eika-alliansen. I 2005 hadde Eika-bankene 18 prosent høyere kostnader målt som andel av inntektene, sammenlignet med DNB og SpareBank 1-bankene. Frem til 2017 har differansen vokst til over 50 prosent. - Vi er del av en allianse for at den skal styrke hver og en av lokalbankene, og dette er ett eksempel på en utvikling som bekymrer oss. Det at Eika Gruppen leverer høy egenkapitalavkastning har ulik betydning for den enkelte lokalbank. For mange er kostnadsnivået viktigere. Eika er for oss et strategisk samarbeid om innkjøp og utvikling, og ikke en finansiell investering, sier Hynne. Eika-alliansen består i dag av totalt 69 banker av ulik størrelse. De 11 bankene i lokalbank- grupperingen representerer 11,4 prosent av eierskapet i Eika Gruppen. Grupperingen peker blant annet på at IT-relaterte kostnader vokser på en måte som ikke er bærekraftig, og uten at det kommer lokalmiljøene og kundene tilstrekkelig til gode.
    [Show full text]
  • Årsrapport 2019 | Eika Gruppen 1 Eika Styrker Lokalbanken
    Konsernsjefens ord ................................................................................................................................................................................................Side 2 Om Eika Alliansen ..................................................................................................................................................................................................Side 4 Banksjefens ord .....................................................................................................................................................................................................Side 5 Visjon, mål og strategi - bærekraft ........................................................................................................................................................................Side 6 Hovedtall ................................................................................................................................................................................................................Side 7 Konsernstyret .........................................................................................................................................................................................................Side 9 Konsernledelsen ................................................................................................................................................................................................... Side 11 Eierstyring og selskapsledelse
    [Show full text]
  • How Uniform Was the Old Norse Religion?
    II. Old Norse Myth and Society HOW UNIFORM WAS THE OLD NORSE RELIGION? Stefan Brink ne often gets the impression from handbooks on Old Norse culture and religion that the pagan religion that was supposed to have been in Oexistence all over pre-Christian Scandinavia and Iceland was rather homogeneous. Due to the lack of written sources, it becomes difficult to say whether the ‘religion’ — or rather mythology, eschatology, and cult practice, which medieval sources refer to as forn siðr (‘ancient custom’) — changed over time. For obvious reasons, it is very difficult to identify a ‘pure’ Old Norse religion, uncorroded by Christianity since Scandinavia did not exist in a cultural vacuum.1 What we read in the handbooks is based almost entirely on Snorri Sturluson’s representation and interpretation in his Edda of the pre-Christian religion of Iceland, together with the ambiguous mythical and eschatological world we find represented in the Poetic Edda and in the filtered form Saxo Grammaticus presents in his Gesta Danorum. This stance is more or less presented without reflection in early scholarship, but the bias of the foundation is more readily acknowledged in more recent works.2 In the textual sources we find a considerable pantheon of gods and goddesses — Þórr, Óðinn, Freyr, Baldr, Loki, Njo3rðr, Týr, Heimdallr, Ullr, Bragi, Freyja, Frigg, Gefjon, Iðunn, et cetera — and euhemerized stories of how the gods acted and were characterized as individuals and as a collective. Since the sources are Old Icelandic (Saxo’s work appears to have been built on the same sources) one might assume that this religious world was purely Old 1 See the discussion in Gro Steinsland, Norrøn religion: Myter, riter, samfunn (Oslo: Pax, 2005).
    [Show full text]
  • The Great Recession
    Copyright © 2009 Michael Roberts ISBN 978-1-4452-4408-2 Contents Introductioni The Great Recession — before 1 Chapter 1 Profits — the life blood of capitalism 3 Chapter 2 The property time bomb 9 The Great Recession Chapter 3 The time bomb is now ticking 15 Chapter 4 The perfect circle of successs 21 Chapter 5 Marx’s law of profitability 27 Chapter 6 Marx and the profit cycle 33 Profit cycles, economic crisis Chapter 7 The secular decline in profitability 41 A Marxist view Chapter 8 The profit cycle and the stock market 49 Chapter 9 The profit cycle and Kondratiev 55 Chapter 10 The profit cycle and business cycles 61 by Chapter 11 The profit cycle and economic recessions 69 Chapter 12 Profit cycles elsewhere 77 Michael Roberts Chapter 13 Law of profitability and 19th century Britain 87 Chapter 14 The profit cycle and politics 91 Chapter 15 Summing it up 99 Chapter 16 Dr Pangloss rules 105 Chapter 17 From boom to slump 113 Chapter 18 The economic witch-doctor of capitalism 119 Chapter 19 Gordon’s year 123 Chapter 20 Capitalism unleashed 129 Chapter 21 Equality, inequality and opportunity 135 Chapter 22 Will there be a slump? 141 Chapter 23 Reclaiming Marx’s Capital 147 Chapter 24 The mass of profit and crisis 155 The Great Recession — during 159 Chapter 25 Stock markets in turmoil 161 Chapter 26 More stock market nerves 165 Chapter 27 The rocky road to ruin 167 INTRODUCTION Chapter 28 Credit crunch! 175 The Great Recession Chapter 29 Panic! 183 Chapter 30 Capitalism beared 187 The Great Recession started at the beginning of 2008 and finished in the Chapter 31 Black swans and economic recession 193 middle of 2009.
    [Show full text]
  • Terra-Aarsrapport-2007.Pdf
    07 årsrapport 2007 Innhold Dette er Terra-Gruppen side 3 Viktige hendelser side 4 Nøkkeltall side 5 Konsernsjefens artikkel side 6 Merkevaren Terra side 8 Virksomhetsområder Terra Fondsforvaltning side 10 Terra BoligKreditt side 12 Terra Finans side 15 Terra Forsikring side 17 Terra Aktiv Eiendomsmegling side 19 Terra Kort side 20 Terra Bankdrift side 22 Finansiell informasjon Årsberetning side 24 Årsregnskap Resultatregnskap side 31 Balanse side 32 Kontantstrømoppstilling side 34 Noter til regnskapet side 35 Revisjonsberetning side 59 organisering og styring Styret side 60 Konsernledelsen side 62 Terra i bank-Norge side 64 English summary side 70 Terra FondsForvalTning as (66,73 %) Terra Finans as Terra Forsikring as Terra eiendomsmegling 78 spareBanker Terra-gruppen as Terra akTiv eiendomsmegling as akTiv eiendomsmegling Terra korT as Terra BoligkrediTT as TilknyTTede selskaper sdC Holding (19 %) 3 t erra årsrapport 2007 dette er terra-gruppen hIstorIe Terra-gruppen er sammmen med Terra-bankene, et av 1997 norges største finanskonsern og omfatter 78 selvstendige • Eika Gruppen AS etableres som et og lokalt forankrede sparebanker med en samlet forvalt- innkjøps- og interessesamarbeid ningskapital på 169 milliarder kroner. • Sparebankenes Investeringsselskap etableres og Terra Finans opprettes Terra-gruppen og produktselskapene utvikler og selger et som datterselskap bredt spekter av konkurransedyktige tjenester og produkter innen forsikring, sparing og plassering, kapitalmarkedstje- nester, finansiering og eiendomsmegling. 1999 • Terra
    [Show full text]
  • The Importance of Credit and Capital in the Norwegian Banking System During Crisis
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by NORA - Norwegian Open Research Archives The importance of credit and capital in the Norwegian banking system during crisis- A comparative study of the Norwegian banking crisis and the recent financial crisis Rasmus Grue Schøning Thesis for the degree Master of Economic Theory and Econometrics University of Oslo January 2011 P a g e ii | ” For the second time in seven years, the bursting of a major-asset bubble has inflicted great damage on world financial markets. In both cases, the equity bubble in 2000 and the credit bubble in 2007, central banks were asleep at the switch. The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy.” - Stephen Roach, Morgan Stanley “A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.” – Robert Frost P a g e | iii Preface The research for this thesis was done over the course of 2010 and it was written between August and December of that same year. The decision to write about the two most recent crises in the Norwegian banking industry was first and foremost inspired by a strong personal interest in the recent financial crisis. I find the economic organization of banks and how their operation affects the rest of the economy fascinating. In addition to five years of economic studies, much of the relevant technical background came from the course ECON 4335 The Economics of Banking.
    [Show full text]
  • Using Optimization and Simulation to Evaluate Differentiated Stroke Treatment
    Using optimization and simulation to evaluate differentiated stroke treatment Andreas Bergstrøm Aarnseth Erlend Moen Hov Industrial Economics and Technology Management Submission date: June 2018 Supervisor: Henrik Andersson, IØT Norwegian University of Science and Technology Department of Industrial Economics and Technology Management Preface This thesis concludes our Master of Science in Industrial Economics and Technology Manage- ment at the Norwegian University of Science and Technology. The objective of this thesis is to implement a model that enables differentiated treatment paths for stroke patients based on their diagnosis. At the same time, the general demand for emergency resources must be cov- ered. By supplementing existing models and methods, optimization will be used to determine optimal allocation of the available emergency units. A comprehensive simulation program is also developed for this thesis. This is used to evaluate the performance of the different opti- mization solutions. The work on this Master’s Thesis in Managerial Economics and Operations Research (TIØ4905) was carried out in the Spring 2018. We would like to thank the personnel at the Ambulance Service at St. Olav Hospital for providing us with necessary data and valuable inputs. We also would like to thank our supervisor, Professor Henrik Andersson, at the Department of Industrial Economics and Technology Management, for constructive discussions and his in- valuable guidance. Trondheim, 2018-06-10 Andreas Bergstrøm Aarnseth Erlend Moen Hov i Sammendrag En av samfunnets viktigste oppgaver er å tilby et velfungerende helsevesen til sine innbyggere. En stor del av helsevesenet omhandler akuttmedisinske tjenester, et samlebegrep som innbe- fatter blant annet AMK-sentraler, ambulanser og luftambulanser.
    [Show full text]
  • Årsrapporten
    Dette er Eika ................................................................................................................................................................................................... Side 2 Konsernsjefens ord ........................................................................................................................................................................................ Side 3 Visjon, mål og strategi ................................................................................................................................................................................... Side 4 Hovedtall ........................................................................................................................................................................................................ Side 6 Konsernstyret ................................................................................................................................................................................................. Side 7 Konsernledelsen ............................................................................................................................................................................................ Side 9 Eierstyring og selskapsledelse ...................................................................................................................................................................... Side 10 Styring og kontroll .........................................................................................................................................................................................
    [Show full text]
  • Hr-2001-00004B 365/1999
    Judgment of 21 June 2001 serial number 4B/2001: 1. Jon Inge Sirum (et al. a total of 200 parties) (Advocate Ola Brekken) versus 1. Essand Reindeer Pasturing District and 2. Riast/Hylling Reindeer Pasturing District (Advocate Erik Keiserud). Justice Matningsdal: This case concerns a dispute as to whether Essand and Riast/Hylling Reindeer Pasturing Districts have common of pasture for their reindeer in privately owned unenclosed areas within the district boundaries in the Municipal Authority Area of Selbu in the county of Sør-Trøndelag. The areas in dispute The two districts were established by Royal Decree on 10 July 1894 under section 6 of what was called the Joint Lapp Act – the Act of 2 June 1883 concerning the Lapps in the United Kingdoms of Norway and Sweden. The districts have been retained unchanged under subsequent reindeer husbandry legislation. Riast and Hylling were originally separate districts, but for the last fifty or sixty years they have been considered and administered as one district. Essand covers an area of approximately 2,300 km2. In the east the boundary of the district follows the national border with Sweden. The southern boundary starts at the national border at Skardsfjellet [Mount Skard], and goes westwards from there to Lake Stugu in Tydal, where it follows the Rivers Tya and Nea to Lake Selbu, then follows the latter and the Rivers Tømra and Kleivåa over into the county of Nord-Trøndelag to the River Stjørdal, and thereafter follows the latter up through Hegra and Meråker back to the national border. Riast/Hylling covers an area of approximately 1,900 km2 and lies south of Essand.
    [Show full text]
  • Norway Maps.Pdf
    Finnmark lVorwny Trondelag Counties old New Akershus Akershus Bratsberg Telemark Buskerud Buskerud Finnmarken Finnmark Hedemarken Hedmark Jarlsberg Vestfold Kristians Oppland Oppland Lister og Mandal Vest-Agder Nordre Bergenshus Sogn og Fjordane NordreTrondhjem NordTrondelag Nedenes Aust-Agder Nordland Nordland Romsdal Mgre og Romsdal Akershus Sgndre Bergenshus Hordaland SsndreTrondhjem SorTrondelag Oslo Smaalenenes Ostfold Ostfold Stavanger Rogaland Rogaland Tromso Troms Vestfold Aust- Municipal Counties Vest- Agder Agder Kristiania Oslo Bergen Bergen A Feiring ((r Hurdal /\Langset /, \ Alc,ersltus Eidsvoll og Oslo Bjorke \ \\ r- -// Nannestad Heni ,Gi'erdrum Lilliestrom {", {udenes\ ,/\ Aurpkog )Y' ,\ I :' 'lv- '/t:ri \r*r/ t *) I ,I odfltisard l,t Enebakk Nordbv { Frog ) L-[--h il 6- As xrarctaa bak I { ':-\ I Vestby Hvitsten 'ca{a", 'l 4 ,- Holen :\saner Aust-Agder Valle 6rrl-1\ r--- Hylestad l- Austad 7/ Sandes - ,t'r ,'-' aa Gjovdal -.\. '\.-- ! Tovdal ,V-u-/ Vegarshei I *r""i'9^ _t Amli Risor -Ytre ,/ Ssndel Holt vtdestran \ -'ar^/Froland lveland ffi Bergen E- o;l'.t r 'aa*rrra- I t T ]***,,.\ I BYFJORDEN srl ffitt\ --- I 9r Mulen €'r A I t \ t Krohnengen Nordnest Fjellet \ XfC KORSKIRKEN t Nostet "r. I igvono i Leitet I Dokken DOMKIRKEN Dar;sird\ W \ - cyu8npris Lappen LAKSEVAG 'I Uran ,t' \ r-r -,4egry,*T-* \ ilJ]' *.,, Legdene ,rrf\t llruoAs \ o Kirstianborg ,'t? FYLLINGSDALEN {lil};h;h';ltft t)\l/ I t ,a o ff ui Mannasverkl , I t I t /_l-, Fjosanger I ,r-tJ 1r,7" N.fl.nd I r\a ,, , i, I, ,- Buslr,rrud I I N-(f i t\torbo \) l,/ Nes l-t' I J Viker -- l^ -- ---{a - tc')rt"- i Vtre Adal -o-r Uvdal ) Hgnefoss Y':TTS Tryistr-and Sigdal Veggli oJ Rollag ,y Lvnqdal J .--l/Tranbv *\, Frogn6r.tr Flesberg ; \.
    [Show full text]
  • Tectonic Features of an Area N.E. of Hegra, Nord-Trøndelag, and Their Regional Significance — Preliminary Notes by David Roberts
    Tectonic Features of an Area N.E. of Hegra, Nord-Trøndelag, and their regional Significance — Preliminary Notes By David Roberts Abstract Following brief notes on the low-grade metasediments occurring in an area near Hegra, 50 km east of Trondheim, the types of structures associated with three episodes of deformation of main Caledonian (Silurian) age are described. An outline of the suggested major stmctural picture is then presented. In this the principal structure is seen as a WNW-directed fold-nappe developed from the inverted western limb of the central Stjørdalen Anticline. A major eastlward closing recumbent syncline underlies this nappe-like structure. These initial structures were then deformed by at least twofur ther folding episodes. In conclusion, comparisons are noted between the ultimate fold pattern, the suggested evolution of these folds and H. Ramberg's experimentally produced orogenic structures. Introduction A survey of this particular area, situated north of the valley of Stjørdalen, east from Trondheim, was begun during the 1965 field-season and progressed during parts of the summers of 1966 and 1967 in conjunction with a mapping programme led by Statsgeolog Fr. Chr. Wolff further east in this same seg ment of the Central Norwegian Caledonides. Further geological mapping is contemplated, the aim being to eventually complete the 1 : 100,000 sheet 'Stjørdal' (rectangle 47 C). In view of the time factor involved in the comple tion of this work, and the renewed interest being devoted to the geological problems of the Trondheim region (Peacey 1964, Oftedahl 1964, Wolff 1964 and 1967, Torske 1965, Siedlecka 1967, Ramberg 1967), some notes on the tectonics of the Hegra area would seem appropriate at this stage.
    [Show full text]
  • Masteroppgave I Sosiologi Kan Fortone Seg Som En Ensom Og Frustrerende Prosess Etter Hundrevis Av Timer Foran Skjermen I Dunkelt Lesesallampelys
    ”Terrarisme” og finansiell alkymi – om den kommunale sektorens finansialisering Tomas Hostad Løding Masteroppgave Høsten 2010 Sosiologisk institutt, Universitetet i Bergen Forord Å skrive en masteroppgave i sosiologi kan fortone seg som en ensom og frustrerende prosess etter hundrevis av timer foran skjermen i dunkelt lesesallampelys. Men det er og en interessant, utviklende og intellektuelt stimulerende muligheten til faglig fordyping i en selvvalgt tematikk. En viktig bit av denne fordypingen er de daglige, mer eller mindre faglige, diskusjonene og kranglene med kollegaer på pauserommet i Sofie Lindstrøms hus. En stor takk derfor til alle venner, medstudenter og familie som har diskutert og oppmuntret gjennom hele denne perioden. En like stor takk rettes til Odd Gåsdal som har lest, korrigert, motivert og konstruktivt veiledet denne oppgaven. Det har vært til uvurderlig hjelp. Men en takk må også oversendes mine informanter. Det er ikke en selvfølge at travle ordførere skal ta seg tid til å åpne kontorene sine for en masterstudent. Spesielt gjelder dette de som i månedene forut for våre møter har hatt mer en nok uønsket oppmerksomhet. Uten deres medvirkning hadde ikke denne oppgaven vært mulig. Tomas Hostad Løding, Bergen, desember 2010 2 INNHOLDSFORTEGNELSE FORORD 2 KAPITTEL 1 – INNLEDNING OG BAKGRUNN FOR TEMA 5 1.1 FORMÅL MED OPPGAVEN – PROBLEMSTILLING 6 KAPITTEL 2 – TEORETISKE ANTYDNINGER 10 2.1 FINANSIALISERINGEN OG RENTENISTSAMFUNNET 11 2.1.1 Hva er finansialisering? 11 2.1.2 Hvordan og hvor finner vi finansialisering? 14 2.1.3
    [Show full text]