{"text_format":"2","workbook":"xlsx","n_sheets":3,"sheets":["Income statement","Cash flow","Balance sheet"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":0,"defined_names":3,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"Income statement","index":0,"n_rows":48,"n_cols":29,"rows_kept":48,"cut":false,"hidden":false,"merged":[]}
[]
["Condensed Income Statement"]
["NOK million","Q1 2015","Q2 2015","YTD Q2 2015","Q3 2015","YTD Q3 2015","Q4 2015","YTD Q4 2015","Q1 2016","Q2 2016","YTD Q2 2016","Q3 2016","YTD Q3 2016","Q4 2016","YTD Q4 2016","Q1 2017","Q2 2017","YTD Q2 2017","Q3 2017","YTD Q3 2017","Q4 2017","YTD Q4 2017","Q1 2018","Q2 2018","YTD Q2 2018","Q3 2018","YTD Q3 2018","Q4 2018","YTD Q4 2018"]
["Operating revenues",7541,7705,15246,8381,23627,9571,33198,8610,9433,18043,9429,27472,10286,37758,9081,9771,18852,9858,28710,10851,39561,9711,10017,{"$f":"W4+X4","v":19728},10126,{"$f":"Y4+Z4","v":29854},10983,{"$f":"+AA4+AB4","v":40837}]
["Operating expenses",-6578,-6643,-13221,-7123,-20344,-8188,-28532,-7514,-8152,-15666,-7961,-23627,-8687,-32314,-7893,-8446,-16339,-8297,-24636,-9106,-33742,-8516,-8594,{"$f":"W5+X5","v":-17110},-8477,{"$f":"Y5+Z5","v":-25587},-9259,{"$f":"+AA5+AB5","v":-34846}]
["Depreciation, amortisation and write-downs ",-238,-273,-511,-265,-776,-281,-1057,-279,-285,-564,-290,-854,-292,-1146,-288,-300,-588,-294,-882,-302,-1184,-298,-304,-602,-296,-898,-316,-1214]
["EBIT (adj.)",{"$f":"SUM(B4:B6)","v":725},789,1514,993,2507,1102,3609,817,996,1813,1178,2991,1307,4298,900,1025,1925,1267,3192,{"$f":"SUM(U4:U6)","v":1443},{"$f":"SUM(V4:V6)","v":4635},{"$f":"SUM(W4:W6)","v":897},{"$f":"SUM(X4:X6)","v":1119},2016,{"$f":"SUM(Z4:Z6)","v":1353},3369,{"$f":"SUM(AB4:AB6)","v":1408},{"$f":"SUM(AC4:AC6)","v":4777}]
["Other income and expenses",-117,-55,-172,-96,-268,-234,-502,-30,-81,-111,-149,-260,-122,-382,-87,-116,-203,3,-200,-1,-201,-27,-97,{"$f":"W8+X8","v":-124},-62,{"$f":"Y8+Z8","v":-186},-296,{"$f":"+AA8+AB8","v":-482}]
["Operating profit    ",{"$f":"SUM(B7:B8)","v":608},734,1342,897,2239,868,3107,787,915,1702,1029,2731,1185,3916,813,909,1722,1270,2992,{"$f":"SUM(U7:U8)","v":1442},{"$f":"SUM(V7:V8)","v":4434},{"$f":"SUM(W7:W8)","v":870},{"$f":"SUM(X7:X8)","v":1022},1892,{"$f":"SUM(Z7:Z8)","v":1291},3183,{"$f":"SUM(AB7:AB8)","v":1112},{"$f":"SUM(AC7:AC8)","v":4295}]
["Profit from associates and joint ventures",193,538,731,185,916,72,988,253,123,376,141,517,-29,488,173,115,288,103,391,-78,313,86,105,{"$f":"W10+X10","v":191},116,{"$f":"Y10+Z10","v":307},-43,{"$f":"+AA10+AB10","v":264}]
["Interest, net",-63,-18,-81,-78,-159,-33,-192,-50,-47,-97,-40,-137,-40,-177,-37,-39,-76,-47,-123,-26,-149,-50,-32,-82,-40,-122,-37,{"$f":"+AA11+AB11","v":-159}]
["Other financial items, net",12,19,31,11,42,22,64,52,-51,1,26,27,38,65,34,-18,16,-14,2,-29,-27,-20,-4,-24,-3,-27,-15,-42]
["Profit before taxes",{"$f":"SUM(B9:B12)","v":750},1273,2023,1015,3038,929,3967,1042,940,1982,1156,3138,1154,4292,983,967,1950,1312,3262,{"$f":"SUM(U9:U12)","v":1309},{"$f":"SUM(V9:V12)","v":4571},{"$f":"SUM(W9:W12)","v":886},{"$f":"SUM(X9:X12)","v":1091},1977,{"$f":"SUM(Z9:Z12)","v":1364},3341,{"$f":"SUM(AB9:AB12)","v":1017},{"$f":"SUM(AC9:AC12)","v":4358}]
["Taxes",-155,-155,-310,-240,-550,-172,-722,-135,-200,-335,-235,-570,-237,-807,-185,-185,-370,-290,-660,-320,-980,-176,-234,{"$f":"W14+X14","v":-410},-323,{"$f":"Y14+Z14","v":-733},-271,{"$f":"+AA14+AB14","v":-1004}]
["Profit for the period for continued operations",{"$f":"SUM(B13:B14)","v":595},1118,1713,775,2488,757,3245,907,740,1647,921,2568,917,3485,798,782,1580,1022,2602,{"$f":"SUM(U13:U14)","v":989},{"$f":"SUM(V13:V14)","v":3591},{"$f":"SUM(W13:W14)","v":710},{"$f":"SUM(X13:X14)","v":857},1567,{"$f":"SUM(Z13:Z14)","v":1041},2608,{"$f":"SUM(AB13:AB14)","v":746},{"$f":"SUM(AC13:AC14)","v":3354}]
["Gains/profit/loss discontinued operations",45,7,52,54,106,0,106,209,319,528,172,700,190,890,312,273,585,4439,5024,42,5066,0,0,{"$f":"W16+X16","v":0},0,{"$f":"Y16+Z16","v":0}]
["Profit/loss for the period",{"$f":"SUM(B15:B16)","v":640},1125,1765,829,2594,757,3351,1116,1059,2175,1093,3268,1107,4375,1110,1055,2165,5461,7626,{"$f":"SUM(U15:U16)","v":1031},{"$f":"SUM(V15:V16)","v":8657},{"$f":"SUM(W15:W16)","v":710},{"$f":"SUM(X15:X16)","v":857},1567,{"$f":"SUM(Z15:Z16)","v":1041},2608,{"$f":"+AB15","v":746},{"$f":"+AC15","v":3354}]
["Profit/loss attributable to non-controlling interests ",11,16,27,19,46,10,56,21,42,63,24,87,-5,82,15,25,40,27,67,8,75,22,29,{"$f":"W18+X18","v":51},29,{"$f":"Y18+Z18","v":80},2,{"$f":"+AA18+AB18","v":82}]
["Profit/loss attributable to owners of the parent",{"$f":"B17-B18","v":629},1109,1738,810,2548,747,3295,1095,1017,2112,1069,3181,1112,4293,1095,1030,2125,5434,7559,{"$f":"U17-U18","v":1023},{"$f":"V17-V18","v":8582},{"$f":"W17-W18","v":688},{"$f":"X17-X18","v":828},1516,{"$f":"Z17-Z18","v":1012},2528,744,{"$f":"+AA19+AB19","v":3272}]
[]
[]
["Operating revenues"]
["NOK million","Q1 2015","Q2 2015","YTD Q2 2015","Q3 2015","YTD Q3 2015","Q4 2015","YTD Q4 2015","Q1 2016","Q2 2016","YTD Q2 2016","Q3 2016","YTD Q3 2016","Q4 2016","YTD Q4 2016","Q1 2017","Q2 2017","YTD Q2 2017","Q3 2017","YTD Q3 2017","Q4 2017","YTD Q4 2017","Q1 2018","Q2 2018","YTD Q2 2018","Q3 2018","YTD Q3 2018","Q4 2018","YTD Q4 2018"]
["Orkla Group",{"$f":"B31+B25+B34","v":7541},{"$f":"C31+C25+C34","v":7705},15246,8381,23627,9571,33198,8610,9433,18043,9429,27472,10286,37758,9081,9771,18852,9858,28710,{"$f":"U25+U31+U34","v":10851},{"$f":"V25+V31+V34","v":39561},{"$f":"W25+W31+W34","v":9711},{"$f":"X25+X31+X34","v":10017},19728,{"$f":"Z25+Z31+Z34","v":10126},29854,{"$f":"AB25+AB31+AB34","v":10983},{"$f":"AC25+AC31+AC34","v":40837}]
["  Branded Consumer Goods",{"$f":"SUM(B26:B30)","v":7220},{"$f":"SUM(C26:C30)","v":7404},14624,8064,22688,9314,32002,8362,9147,17509,9179,26688,9734,36422,8834,9505,18339,9584,27923,{"$f":"SUM(U26:U30)","v":10587},{"$f":"SUM(V26:V30)","v":38510},{"$f":"SUM(W26:W30)","v":9497},{"$f":"SUM(X26:X30)","v":9705},19202,{"$f":"SUM(Z26:Z30)","v":9783},{"$f":"SUM(AA26:AA30)","v":28985},{"$f":"SUM(AB26:AB30)","v":10607},39592]
["      Orkla Foods ",3045,3122,6167,3261,9428,3822,13250,3418,3967,7385,3905,11290,4186,15476,3758,3977,7735,4007,11742,4384,16126,3852,3845,{"$f":"W26+X26","v":7697},3937,{"$f":"Y26+Z26","v":11634},4366,{"$f":"AA26+AB26","v":16000}]
["      Orkla Confectionery & Snacks",1199,1344,2543,1452,3995,1818,5813,1457,1476,2933,1501,4434,1796,6230,1444,1527,2971,1525,4496,1943,6439,1453,1435,2888,1518,{"$f":"Y27+Z27","v":4406},1840,{"$f":"AA27+AB27","v":6246}]
["      Orkla Care",1327,1157,2484,1410,3894,1640,5534,1655,1629,3284,1726,5010,1730,6740,1858,1813,3671,1878,5549,1930,7479,2076,2032,4108,1973,6081,1994,8075]
["      Orkla Food Ingredients",1680,1814,3494,1989,5483,2115,7598,1873,2121,3994,2095,6089,2072,8161,1813,2234,4047,2246,6293,2410,8703,2182,2462,4644,2432,7076,2486,9562]
["      Eliminations Branded Consumer Goods",-31,-33,-64,-48,-112,-81,-193,-41,-46,-87,-48,-135,-50,-185,-39,-46,-85,-72,-157,-80,-237,-66,-69,-135,-77,-212,-79,-291]
["Orkla Investments",{"$f":"SUM(B32:B33)","v":315},{"$f":"SUM(C32:C33)","v":286},601,313,914,252,1166,245,274,519,240,759,543,1302,236,257,493,266,759,{"$f":"SUM(U32:U33)","v":268},{"$f":"SUM(V32:V33)","v":1027},{"$f":"SUM(W32:W33)","v":208},{"$f":"SUM(X32:X33)","v":307},515,{"$f":"SUM(Z32:Z33)","v":340},855,{"$f":"SUM(AB32:AB33)","v":370},1225]
["     Hydro Power",183,159,342,156,498,192,690,173,186,359,196,555,166,721,182,219,401,218,619,247,866,193,235,{"$f":"W32+X32","v":428},290,{"$f":"Y32+Z32","v":718},307,{"$f":"AA32+AB32","v":1025}]
["     Financial Investments",132,127,259,157,416,60,476,72,88,160,44,204,377,581,54,38,92,48,140,21,161,15,72,87,50,137,63,200]
["HQ/Other business/Eliminations",6,15,21,4,25,5,30,3,12,15,10,25,9,34,11,9,20,8,28,-4,24,6,5,11,3,14,{"$f":"1+5","v":6},20]
[]
[]
["Operating profit - EBIT (adj.)"]
["NOK million","Q1 2015","Q2 2015","YTD Q2 2015","Q3 2015","YTD Q3 2015","Q4 2015","YTD Q4 2015","Q1 2016","Q2 2016","YTD Q2 2016","Q3 2016","YTD Q3 2016","Q4 2016","YTD Q4 2016","Q1 2017","Q2 2017","YTD Q2 2017","Q3 2017","YTD Q3 2017","Q4 2017","YTD Q4 2017","Q1 2018","Q2 2018","YTD Q2 2018","Q3 2018","YTD Q3 2018","Q4 2018","YTD Q4 2018"]
["Orkla Group",{"$f":"B40+B45+B48","v":725},{"$f":"C40+C45+C48","v":789},1514,993,2507,1102,3609,817,996,1813,1178,2991,1307,4298,900,1025,1925,1267,3192,{"$f":"U40+U45+U48","v":1443},{"$f":"V40+V45+V48","v":4635},{"$f":"W40+W45+W48","v":897},{"$f":"X40+X45+X48","v":1119},2016,{"$f":"Z40+Z45+Z48","v":1353},3369,{"$f":"AB40+AB45+AB48","v":1408},4777]
["  Branded Consumer Goods",{"$f":"SUM(B41:B44)","v":769},{"$f":"SUM(C41:C44)","v":820},1589,1055,2644,1195,3839,860,982,1842,1209,3051,1249,4300,921,1016,1937,1267,3204,{"$f":"SUM(U41:U44)","v":1439},{"$f":"SUM(V41:V44)","v":4643},{"$f":"SUM(W41:W44)","v":942},{"$f":"SUM(X41:X44)","v":1050},1992,{"$f":"SUM(Z41:Z44)","v":1310},3302,{"$f":"SUM(AB41:AB44)","v":1369},4671]
["      Orkla Foods ",322,389,711,429,1140,561,1701,377,463,840,512,1352,616,1968,392,434,826,540,1366,689,2055,400,439,{"$f":"W41+X41","v":839},558,{"$f":"Y41+Z41","v":1397},651,{"$f":"AA41+AB41","v":2048}]
["      Orkla Confectionery & Snacks",159,132,291,238,529,314,843,177,159,336,260,596,341,937,201,186,387,263,650,395,1045,187,171,358,278,636,370,1006]
["      Orkla Care",230,178,408,269,677,204,881,247,216,463,307,770,186,956,275,245,520,327,847,227,1074,298,264,562,314,876,208,1084]
["      Orkla Food Ingredients",58,121,179,119,298,116,414,59,144,203,130,333,106,439,53,151,204,137,341,128,469,57,176,233,160,393,140,533]
["Orkla Investments",{"$f":"SUM(B46:B47)","v":59},{"$f":"SUM(C46:C47)","v":84},143,36,179,32,211,34,86,120,57,177,146,323,61,74,135,92,227,{"$f":"SUM(U46:U47)","v":97},{"$f":"SUM(V46:V47)","v":324},{"$f":"SUM(W46:W47)","v":54},{"$f":"SUM(X46:X47)","v":111},165,{"$f":"SUM(Z46:Z47)","v":94},259,{"$f":"SUM(AB46:AB47)","v":131},390]
["     Hydro Power",56,27,83,22,105,49,154,44,53,97,64,161,31,192,54,79,133,80,213,103,316,59,97,{"$f":"W46+X46","v":156},102,{"$f":"Y46+Z46","v":258},132,{"$f":"AA46+AB46","v":390}]
["     Financial Investments",3,57,60,14,74,-17,57,-10,33,23,-7,16,115,131,7,-5,2,12,14,-6,8,-5,14,9,-8,1,-1,0]
["HQ/Other business",-103,-115,-218,-98,-316,-125,-441,-77,-72,-149,-88,-237,-88,-325,-82,-65,-147,-92,-239,-93,-332,-99,-42,-141,-51,-192,-92,-284]

{"sheet":"Cash flow","index":1,"n_rows":29,"n_cols":6,"rows_kept":29,"cut":false,"hidden":false,"merged":[]}
[]
[]
[null,"Cash Flow Statement Orkla Group "]
[]
[null,null,"1.1-31.12","1.1-31.12","1.10-31.12","1.10-31.12"]
[null,"Amounts in NOK million",2018,2017,2018,2017]
[]
[null,"Cash flow from Branded Consumer Goods incl. HQ"]
[null,"   EBIT (adj.)",4387,4311,1277,1346]
[null,"   Amortisation, depreciation and write-downs",1154,1107,301,285]
[null,"   Change in net working capital",-190,27,702,417]
[null,"   Net replacement expenditures",-1393,-1048,-410,-308]
[null,"   Cash flow from operations (adj.)",{"$f":"SUM(C9:C12)","v":3958},{"$f":"SUM(D9:D12)","v":4397},1870,1740]
[null,"   Cash flow effect from \"Other income and expenses\" and pensions",-496,-348,-208,-198]
[null,"Cash flow from operations, Branded Consumer Goods incl. HQ",{"$f":"SUM(C13:C14)","v":3462},{"$f":"SUM(D13:D14)","v":4049},1662,1542]
[null,"Cash flow from operations, Orkla Investments",26,66,-11,-54]
[null,"Taxes paid",-904,-934,-160,-477]
[null,"Dividends received and financial items",-1,1574,-73,-7]
[null,"Cash flow before capital transactions",{"$f":"SUM(C15:C18)","v":2583},{"$f":"SUM(D15:D18)","v":4755},{"$f":"SUM(E15:E18)","v":1418},{"$f":"SUM(F15:F18)","v":1004}]
[null,"Dividends paid and net sale/purchase of Orkla shares",-4063,-7740,0,-4974]
[null,"Cash flow before expansion",{"$f":"SUM(C19:C20)","v":-1480},{"$f":"SUM(D19:D20)","v":-2985},{"$f":"SUM(E19:E20)","v":1418},{"$f":"SUM(F19:F20)","v":-3970}]
[null,"Expansion investments",-531,-206,-177,-81]
[null,"Sold companies",47,12520,47,12373]
[null,"Acquired companies",-1080,-901,{"$f":"-258","v":-258},-164]
[null,"Net purchases/sales shares and financial assets",0,43,0,-3]
[null,"Net cash flow",{"$f":"SUM(C21:C25)","v":-3044},{"$f":"SUM(D21:D25)","v":8471},{"$f":"SUM(E21:E25)","v":1030},{"$f":"SUM(F21:F25)","v":8155}]
[null,"Currency translations net interest-bearing liabilities",21,-429,-231,-191]
[null,"Change in net interest-bearing liabilities",{"$f":"-C26-C27","v":3023},-8042,{"$f":"-E26-E27","v":-799},{"$f":"-F26-F27","v":-7964}]
[null,"Net interest-bearing liabilities",3037,14]

{"sheet":"Balance sheet","index":2,"n_rows":32,"n_cols":4,"rows_kept":32,"cut":false,"hidden":false,"merged":[]}
[]
[]
[null,"Group Balance Sheet"]
[null,null,"2019-12-31","2017-12-31"]
[null,"Amounts in NOK million",2018,2017]
[]
[null,"Assets:"]
[null,"Intangible assets",20610,19921]
[null,"Property, plant and equipment",12760,11683]
[null,"Investments in associates and other financial assets",4337,4108]
[null,"Non-current assets",{"$f":"SUM(C8:C10)","v":37707},{"$f":"SUM(D8:D10)","v":35712}]
[null,"Inventories",5875,5684]
[null,"Inventory of development property",132,113]
[null,"Trade receivables",5990,6165]
[null,"Other receivables",814,883]
[null,"Shares and financial assets",13,17]
[null,"Cash and cash equivalents",1978,4834]
[null,"Current assets",{"$f":"SUM(C12:C17)","v":14802},{"$f":"SUM(D12:D17)","v":17696}]
[null,"Total assets",{"$f":"C11+C18","v":52509},{"$f":"D11+D18","v":53408}]
[null,"Equity and debt:"]
[null,"Paid-in equity",1971,1995]
[null,"Earned equity",31658,32413]
[null,"Non-controlling interests",451,430]
[null,"Equity",{"$f":"SUM(C21:C23)","v":34080},{"$f":"SUM(D21:D23)","v":34838}]
[null,"Provisions and other non-current liabilities ",4626,4734]
[null,"Non-current interest-bearing liabilities",4775,4820]
[null,"Current interest-bearing liabilities",455,359]
[null,"Trade payables",4907,4940]
[null,"Other current liabilities",3666,3717]
[null,"Equity and liabilities",{"$f":"SUM(C24:C29)","v":52509},{"$f":"SUM(D24:D29)","v":53408}]
[]
[null,"Equity ratio (%):",{"$f":"C24/C30","v":0.64903159458378568},{"$f":"D24/D30","v":0.65229928100659074}]