Financial Reporting

Statkraft AS is a Norwegian limited company, established and domiciled in Norway. Statkraft AS is wholly owned by Statkraft SF, which in turn is wholly owned by the Norwegian state, through the Ministry of Trade, Industry and Fisheries*.

  • Financial key figures

    The table presents the consolidated financial key figures for Statkraft AS for 2009 to 2013. The figures have been adjusted for unrealised changes in value and significant non-recurring. The financial statements for 2012 have been restated following the change of accounting policies. For 2011, only the balance sheet figures have been restated.

  • Group financial statements

    Statkraft’s consolidated financial statements for 2013 have been prepared in accordance with International Financial Reporting Standards (IFRS) as approved by the EU. The Group has listed debt instruments and is therefore required to report its consolidated accounts in accordance with IFRS.

  • Statkraft AS financial statement

    The annual financial statements for the parent company have been prepared in accordance with the Norwegian Accounting Act and generally accepted accounting principles in Norway (Norwegian GAAP).

  • Internal control of financial reporting

    We have a system for internal control over financial reporting which aims to contribute to reliable and timely financial reporting in Statkraft's monthly, quarterly and annual reports. We base the work on internal control over financial reporting on the COSO framework for internal control, published by the Committee of Sponsoring Organizations of the Treadway Commission.

* On 1 January, the Ministry of Trade and Industry changed its name to the Ministry of Trade, Industry and Fisheries