Connect: GRID-Arendal Annual Report 2017

Note 2 Salary costs and benefits, remuneration to the chief executive, board and auditor (NoK) Salary costs Salaries Employment tax

Note 4 Long term investments (NoK) Shares subsidiaries

Teaterplassen AS 82.9%

Owners share Purchase cost Share of equity 31.12.2017

2017 14 324 560 3 057 984 317 028 6 869 598 24 569 170

2015 14 368 513 2 824 822 326 826 5 811 124 23 331 284

13 012 000 19 475 190

Pension costs Other benefits Total

Note 5 Bank accounts NOK 766 199,– of the total bank accounts are withheld due to payroll taxes. Note 6 Balances with subsidaries As of 31.12.2017 GRID-Arendal has a debt of NoK –9 500 000 to Teaterplassen AS.

In 2017 the average number of employees was 28.

Pension liabilities The company is liable to maintain an occupational pension scheme under the Mandatory Occupational Pensions Act. The company’s pension schemes satisfy the requirements of this Act. Remuneration to leading personnel (NoK) Chief Executive Board Audit fees Audit fees expensed for 2017 amount to NoK 46 700. In addition there is a fee for other services of NoK 94 980. 926 844 110 250

Note 8 Equity capital (NOK)

Share 10 381 651 0 10 381 651

Other 0

Total 10 381 651 441 491 10 823 142

Equity capital as at 01.01.2017 Result for the year As at 31.12.2017

441 491 441 491

Note 3 Pension obligations

The pension premium to the contribution plan for the employees is NoK 2 118 157,– and the premium is charged to the personnel costs.

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