Note 8 2015 - Havfisk ASA

Long-term receivables are allocated as follows:
NOK 1,000	2015	2014
Maturing within 1 year
Maturing after more than 1 year	1 082 654	1 123 738
Total	1 082 654	1 123 738
The interest terms are in line with market terms.
Current receivables from group companies consist of group contributions owed, ordinary trade receivables and accrued interest from Norway Seafoods AS.
Interest-bearing current receivables refers entirely to receivables from Norway Seafoods AS.
Provision has been made for loss on increased receivables Norway Seafoods and accrued interest.
Current liabilities to group companies are ordinary supplier liabilities.

As of 31 December 2015 this item comprises the following:
NOK 1,000	Registered office	Share % 1)	Equity	Profit/loss before tax	Book value 2015	Book value 2014
HAVFISK Stamsund AS	Stamsund	100	85 214	(2 415)	212 345	212 345
HAVFISK Melbu AS	Melbu	100	53 069	(87)	204 765	204 765
HAVFISK Finnmark AS	Hammerfest	100	431 211	86 289	445 751	445 751
Aker Seafoods AS	Ålesund	100	30	-	30	30
Total shares in subsidiaries					862 891	862 891
1) The company's shareholding and voting rights are the same for all companies.

The company has entered into forward contracts to hedge the price of bunkers. These contracts mature on a continuous basis from 01 January 2016 until 01 September 2017. As of 31/12/2015 these contracts had a negative present value of NOK 24,226 million, and they are presented in the accounts as current liabilities. The change in present value in 2015 is a negative NOK 7.565 million and the change has been entered against equity, see note 11.
The company also has three existing interest rate hedge contracts of NOK 200, NOK 151 and NOK 290 million respectively. The contracts run until 15.10.2018. Their present value at year end was negative at NOK 39,924 million, and they are presented in the accounts as current liabilities. The change in present value in 2015 is a positive NOK 8.994 million and the change has been entered against equity, see note 11. See note 26 in the consolidated accounts for a more detailed specification.

Note 8