{"id":2534,"date":"2021-05-21T07:56:38","date_gmt":"2021-05-21T05:56:38","guid":{"rendered":"https:\/\/norfund.wpenginepowered.com\/annualreport-2020\/?page_id=2534"},"modified":"2022-05-22T21:36:35","modified_gmt":"2022-05-22T19:36:35","slug":"note-9","status":"publish","type":"page","link":"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/","title":{"rendered":"Note 9 &#8211; Other Receivables"},"content":{"rendered":"<div class=\"norfund-notes-block-container\"><div class=\"notes-accordion\"><a href=\"#\" class=\"notes-accordion__header\">\n\t\t\t\t<span class=\"text\">\n\t\t\t\t\t<h4>Note 9<\/h4>\n\t\t\t\t\t<h3>Other Receivables<\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span class=\"icon icon-arrow\"><\/span>\n\t\t\t<\/a><div class=\"notes-accordion__content\"><div class=\"menu-notes-container\"><ol id=\"menu-notes\" class=\"menu\"><li id=\"menu-item-2111\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2111\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-1\/\">Accounting principles<\/a><\/li>\n<li id=\"menu-item-2625\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2625\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-2-segment-information\/\">Segment Information<\/a><\/li>\n<li id=\"menu-item-2626\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2626\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-3\/\">Loans and Investments<\/a><\/li>\n<li id=\"menu-item-2627\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2627\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-4\/\">Exited Investments<\/a><\/li>\n<li id=\"menu-item-2628\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2628\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-5\/\">Payroll Expenses<\/a><\/li>\n<li id=\"menu-item-2629\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2629\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-6\/\">Other Operating Expenses<\/a><\/li>\n<li id=\"menu-item-2630\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2630\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-7\/\">Net financial income\/expense<\/a><\/li>\n<li id=\"menu-item-2631\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2631\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-8\/\">Fixed Assets<\/a><\/li>\n<li id=\"menu-item-2632\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2632\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\">Other Receivables<\/a><\/li>\n<li id=\"menu-item-2633\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2633\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-10\/\">Tax<\/a><\/li>\n<li id=\"menu-item-2634\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2634\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-11\/\">Bank Deposits, Cash and Cash Equivalents<\/a><\/li>\n<li id=\"menu-item-2635\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2635\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-12\/\">Capital Movements<\/a><\/li>\n<li id=\"menu-item-2636\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2636\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-13\/\">Unused Resources<\/a><\/li>\n<li id=\"menu-item-2637\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2637\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-14\/\">Information on financial market risk and the use of financial instruments<\/a><\/li>\n<li id=\"menu-item-2638\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2638\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-15\/\">Current liabilities and guarantees<\/a><\/li>\n<li id=\"menu-item-2639\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2639\"><a href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-16\/\">Events after balance-sheet date<\/a><\/li>\n<\/ol><\/div><\/div><\/div><\/div>\n\n<div class=\"norfund-advanced-table-block-container\"><div class=\"norfund-advanced-table-block-container-inner\"><table><thead><tr class=\"\"><th class=\"is-chars\">(Figures in 1000s of NOK)<\/th><th class=\"is-num\">31.12.2021<\/th><th class=\"is-num\">31.12.2020<\/th><\/tr><\/thead><tbody><tr class=\"regular\"><td class=\"is-chars\">Accrued interest<\/td><td class=\"is-num\">118 322<\/td><td class=\"is-num\">74 789<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Other receivables<\/td><td class=\"is-num\">3 409 461<\/td><td class=\"is-num\">152 787<\/td><\/tr><tr class=\"summary\"><td class=\"is-chars\">Total receivables<\/td><td class=\"is-num\">3 527 783<\/td><td class=\"is-num\">227 576<\/td><\/tr><\/tbody><\/table><\/div><\/div>\n\n\n<p>\u2018Other receivables\u2019 consist primarily of three positions: an interest-bearing seller credit (interest rate of 3% for 7 years, after which the interest rate increases to 30%) to Scatec in connection with the sale of SN Power of NOK 1 764 million (USD 200 million), a right in relation to Scatec to 49% of the assets in SN Power\u2019s African operations equivalent to NOK 1\u00a0566 million (USD 183 million). The shares had not been transferred as of 31.12. In addition, an agreed settlement for sale of equities of NOK 62 million in the period which falls due in 2022. Settlement was considerably delayed because of the Covid situation and the payment schedule was renegotiated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Other receivables\u2019 consist primarily of three positions: an interest-bearing seller credit (interest rate of 3% for 7 years, after which the interest rate increases to 30%) to Scatec in connection with the sale of SN Power of NOK 1 764 million (USD 200 million), a right in relation to Scatec to 49% of the assets [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":2101,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"norfund_header_layout":"","norfund_header_layout_image_id":0,"norfund_header_layout_image_focal_point_x":0,"norfund_header_layout_image_focal_point_y":0,"norfund_header_layout_suptitle":"","norfund_header_layout_subtitle":"","norfund_header_layout_title":"Notes","teft_cards_image_id":0,"teft_cards_image_focal_point_x":0,"teft_cards_image_focal_point_y":0,"teft_cards_title":"","teft_cards_excerpt":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Note 9 - Other Receivables | Report on Operations 2021<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Note 9 - Other Receivables | Report on Operations 2021\" \/>\n<meta property=\"og:description\" content=\"\u2018Other receivables\u2019 consist primarily of three positions: an interest-bearing seller credit (interest rate of 3% for 7 years, after which the interest rate increases to 30%) to Scatec in connection with the sale of SN Power of NOK 1 764 million (USD 200 million), a right in relation to Scatec to 49% of the assets [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\" \/>\n<meta property=\"og:site_name\" content=\"Report on Operations 2021\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-22T19:36:35+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\",\"url\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\",\"name\":\"Note 9 - Other Receivables | Report on Operations 2021\",\"isPartOf\":{\"@id\":\"https:\/\/reports.norfund.no\/annualreport-2021\/#website\"},\"datePublished\":\"2021-05-21T05:56:38+00:00\",\"dateModified\":\"2022-05-22T19:36:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/note-9\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/reports.norfund.no\/annualreport-2021\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Annual report\",\"item\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Notes\",\"item\":\"https:\/\/reports.norfund.no\/annualreport-2021\/annual-report\/notes\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Note 9 &#8211; 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