Stories and Solutions: GRID-Arendal Annual Report 2015

Note 2 Machinery and equipment (NoK) Book value 01.01.2015 Addition 2015 Depreciation 2015 Book value 31.12.2015 47 147 0 –26 940 20 207

Note 4 Pension obligations

The pension premium to the contribution plan for the emplyees is NoK 1 459 988,- and the premium is charged to the personnel costs.

Note 5 Long term investments (NoK) Shares subsidiaries: Teaterplassen AS Owners share: 77% Purchase cost: 9 012 000,- Share of equity 31.12.2015: 15 479 317,-

Note 3 Salary (NoK)

2015 16 405 240 2 558 942 1 459 988 2 191 029 22 615 199

2014 20 183 090 2 911 993 1 274 926 3 790 485 28 160 495

Salary and holiday pay Employers contribution Pension costs Other personnel costs Total

Note 6 Petty cash and bank accounts NoK 691 614,- of the total cash is restricted to meet the liability arising from the payroll taxes withheld.

Average number of emplyees Salary of Managing Director Fee to Chairman of the Board Fee to other Board members

30 755 080 44 000 104 100

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Note 7 Auditors fees

The audit fee for 2015 is split into two parts: The audit as required by law Nok 71 031,-. Other services provided by the auditor Nok 135 657,-. Note 8 Balances with subsidaries As of 31.12.2015 GRID-Arendal has a debt of NoK 5 500 000 to Teaterplassen AS.

Stiftelsen GRID-Arendal has entered into a pension agreement with the former CEO that can lead to future payments. There are accruals set aside for the most likely outcome of this obligation. The company has subscribed to a pension scheme which meets the requirements of the obligatory pension scheme.

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