Business News

Norske Skog: Clarification of write-downs in the accounts for Q 4, 2007

Thursday 24. January 2008 - This morning, Norske Skog published a release in which, among other things, a write-down of fixed assets was mentioned, in the amount of around NOK 2 billion. This amount is tax deductable by 28 %.

The release this morning also states that the total write-down of fixed assets and goodwill, in total around NOK 4.8 billion, is NOK 0.3 billion higher than what was published on 3 Dec, 2007. The corrected calculation is however that the total write-down is around NOK 0.3 billion lower than published on 3 Dec, 2007.