Page 69 - Kitron Annual Report 2011

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Notes to the financial statements Kitron ASA
Kitron ASA has established a group account agreement with the company’s principal bank. This embraces
Kitron ASA and its Norwegian and Swedish subsidiaries. Unused credit lines amounted to NOK 82.6 million at
the end of 2011. The company has a cash deposit of NOK 10.8 million related to the group’s factoring agree-
ment with DNB Finans.
Other financial income
(Amounts in NOK 1000)
2011
2010
Other financial income
32 080
25 298
Currency gain
2 859
1 485
Total other financial income
34 939
26 783
Financial expenses
Other financial expenses
3 685
47 284
Currency loss
3 420
Total financial expenses
3 685
50 704
Other financial expenses include write-down of long term receivable of NOK 1,369,000.
Note 17 Liquid assets
Note 18 Items consolidated in the accounts