Hafslund - fourth-quarter 2005 highlights

 

*          After-tax profit of NOK 251 million - up NOK 83 million from 4Q 2004's NOK 168 million.

*          Operating profit of NOK 439 million - up NOK 24 million from 4Q 2004's NOK 415 million.

*          Solid profit contributions from Network, Power Generating, Contracting, and Venture activities.

*          Investment in REC (Renewable Energy Corporation): NOK 133 million recorded to income in 4Q 2005.

*          Return on equity in 2005: 18.4 percent p.a. (up from 6.7 percent for 2004).

*          Board of Directors proposes NOK 2.25 per-share-dividend for 2005 (2004: NOK 1.25).   

 

 

 

For further comments and key figures please see the enclosed report to the shareholders.