{"id":2534,"date":"2021-05-21T07:57:17","date_gmt":"2021-05-21T05:57:17","guid":{"rendered":"https:\/\/norfund.wpenginepowered.com\/annualreport-2020\/?page_id=2534"},"modified":"2024-06-07T13:22:00","modified_gmt":"2024-06-07T11:22:00","slug":"note-9","status":"publish","type":"page","link":"https:\/\/reports.norfund.no\/annualreport-2023\/annual-report\/notes\/note-9\/","title":{"rendered":"Note 9 – Capital movements"},"content":{"rendered":"
\n\t\t\t\t\n\t\t\t\t\t

Note 9<\/h4>\n\t\t\t\t\t

Capital movements<\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/a>
  1. Accounting policies<\/a><\/li>\n
  2. Segment information<\/a><\/li>\n
  3. Exited investments<\/a><\/li>\n
  4. Payroll expenses<\/a><\/li>\n
  5. Fixed assets<\/a><\/li>\n
  6. Other operating expenses<\/a><\/li>\n
  7. Net financial items<\/a><\/li>\n
  8. Taxes<\/a><\/li>\n
  9. Capital movements<\/a><\/li>\n
  10. Other receivables<\/a><\/li>\n
  11. Loans and investments<\/a><\/li>\n
  12. Bank deposits and other short-term placements<\/a><\/li>\n
  13. Unused resources (Norfund’s grant schemes)<\/a><\/li>\n
  14. Current liabilities and guarantees<\/a><\/li>\n
  15. Risk management and use of financial instruments<\/a><\/li>\n
  16. Events after balance-sheet date<\/a><\/li>\n<\/ol><\/div><\/div><\/div><\/div>\n\n
    <\/th><\/tr>
    (Figures in 1000s of NOK)<\/th>Primary capital<\/th>Reserve capital<\/th>Surplus fund<\/th>Total equity<\/th><\/tr><\/thead>
    Capital at 31.12.2022<\/td>17 803 853<\/td>6 152 502<\/td>13 121 368<\/td>37 077 723<\/td><\/tr>
    Capital supplied in 2023<\/td>1 989 864<\/td>688 288<\/td>0<\/td>2 678 152<\/td><\/tr>
    Actuarial gains\/losses, pensions<\/td>0<\/td>0<\/td>-2 419<\/td>-2 419<\/td><\/tr>
    Net surplus<\/td>0<\/td>0<\/td>1 895 886<\/td>1 895 886<\/td><\/tr>
    Capital at 31.12.2023<\/td>19 793 717<\/td>6 840 790<\/td>15 014 835<\/td>41 649 342<\/td><\/tr>
    Of which the Climate Investment Fund<\/td>1 500 000<\/td>500 000<\/td>1 966 680<\/td>3 966 680<\/td><\/tr><\/tbody>

    Legal reserve capital can only be used to cover losses that cannot be covered from other reserves apart from primary capital.<\/p>\n

    Of the capital received in 2023, 75% was allocated to primary capital and 25% to reserve capital, of which 1 billion NOK belongs to the Climate investment Fund.<\/p>\n<\/td><\/tr><\/tfoot><\/table><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":0,"parent":2101,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"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":"","footnotes":""},"class_list":["post-2534","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nNote 9 - Capital movements | Annual Report 2023<\/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-2023\/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 - 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