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16

Investments in jointly-controlled operations

Kongsberg Satellite Services AS is consolidated using the proportionate method. In 2007, Kongsberg Terotech AS was reclassified from a jointly-controlled activity to available-for-sale shares. This was because the investment is considered insignificant in KONGSBERG's financial statements. The capitalised amount of MNOK 3 was reclassified as available-for-sale shares.

Summary of financial information on the individual associates and jointly controlled entities:

Amounts in MNOK Current assets Non-current assets Current liabilities Non-current liabilities Equity Revenues Profit for the year
               
Kongsberg Satellite Services AS 50% (Tromsø) 24 103 35 19 73 89 14
               

The table above shows KONGSBERG's share of the items mentioned. The company is not listed, meaning it has no observable market values.

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