HNA/HNB - Results Second Quarter 2005
Highlights second-quarter 2005 * Operating profit of NOK 492 million - up NOK 135 million, a 38 percent increase. * Profit after tax of NOK 255 million - up NOK 191 million. * NOK 68 million gain on sale of Mjøskraft - NOK 612 million in capital freed up. * Return on equity: 15.5 percent p.a. (up from 5.8 percent p.a.). * High cash flow and trimmer balance sheet during the quarter. For further comments and key figures please look to the enclosed report to the shareholders.