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Income statement BWG Homes ASA

(NOK 1 000)
NOTE 
2009 2008
Total income 0 11
 
Payroll and personnel expenses2,3 -9 642 -9 356
Other operating expenses -9 130 -8 197
Total operating expenses -18 772 -17 553
 
Earnings before depreciations and finance (EBITDA) -18 772 -17 542
 
Depreciation 11,12 -242 -148
 
Earnings before financial items (EBIT) -19 014 -17 690
 
Income from investment in subsidiaries 4,8 100 000 32 034
Write-down of shares in subsidiaries 8 0 -112 857
Interest income 5 12 940 37 414
Interest expenses 6 -32 959 -42 201
Internal currency expenses 7 -11 390 0
Other finance expenses 7 -4 827 0
Net financial items 63 764 -85 611
 
Earnings before tax (EBT) 44 750 -103 301
 
Tax expenses 10 -12 552 -9 064
Net earnings for the period 32 198 -112 365
 
ALLOCATION OF PROFIT
Transferred to other equity 15 32 198 -112 365
Total allocated 32 198 -112 365