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Note 7

Fixed assets / property, plant and equipment

The movement in property, plant and equipment for 2015 is shown below:
NOK 1,000Machinery and equipmentBuildings
Housing
Total
Cost as of 01 January 20152 9464773 423
Additions during the year439 439
Disposals and scrappings  -
Cost as of 31 December 20153 3854773 862
    
Cumulative depreciation and impairments as of 01 January 20151 3694771 846
Sold  -
Depreciation for the year602 602
Cumulative depreciation and impairments as of 31 December 20151 9714772 448
    
Book value as of 31 December 20151 414-1 414
Economic life3 - 5 år  
Advance payments for building contracts
Changes to advance payments building contracts:
NOK 1,000Accounts 2015Accounts 2014
Book value 1 January -65 493
Payment during the year-204 500
Delivery of new builds - transferred ship-(269 993)
Book value 31 December --

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