CONSOLIDATED INCOME STATEMENT
KONGSBERG GRUPPEN (THE GROUP)

Amounts in MNOK Notes   2007 2006 2005
           
Revenues » 7   8 306 6 720 5 791
Gain on disposal of property » 7, 8   253  -  -
Total revenues     8 559 6 720 5 791
Cost of sales » 9   (3 378) (2 802) (2 330)
Personnel expenses » 10, 11   (2 822) (2 326) (2 043)
Non-recurring effect of settlement of the pension scheme » 11   341  -  -
Other operating expenses » 12   (1 140) (965) (882)
Earnings before interest, taxes, depreciation and amortisation (EBITDA)     1 560 627 536
Depreciation » 13   (170) (163) (158)
Earnings before interest, taxes and amortisation (EBITA)     1 390 464 378
Amortisation » 14   (44) (16) (7)
Earnings before interest and tax (EBIT)     1 346 448 371
Financial income » 17   5 6 9
Financial expenses » 17   (72) (64) (66)
Profit from continuing operations before taxes      1 279 390 314
Income tax expense » 18   (293) (138) (99)
Profit from continuing operations, net after taxes     986 252 215
Profit from discontinued operations » 6    -  - 47
           
Profit for the year     986 252 262
           
Profit attributable to          
Equity holders of the company     981 249 260
Minority interests     5 3 2
           
Earnings per share (NOK)          
– profit for the year, net » 19   32.71 8.30 8.70
– profit for the year, diluted » 19   32.71 8.30 8.69
– profit before non-recurring items » 19   16.17 8.30 7.19
– from continuing operations, net » 19   32.71 8.30 7.19
– from continuing operations, diluted » 19   32.71 8.30 7.19
           

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Visiting address:

Kongsberg Gruppen ASA
+47 32 28 82 00
+47 32 28 82 01
office@kongsberg.com
P.O. box1000
NO-3601 Kongsberg
Kirkegårdsveien 45