Balance Sheet

[ Numbers in TNOK ]

Annually	2005	2004	2003	2002	2001	2000	1999
Assets
Fixed asset
Intangible fixed assets
Deferred tax asset	1,237	1,055	21,348	21,679	15,526	4,858	1,156
Goodwill	3,142	1,571	3,143	4,715	6,286	7,857	0
Total intangible fixed assets	3,142	2,626	24,491	26,394	21,812	12,715	1,156
Tangible fixed assets
Office machinery, eqp. etc.	9,251	2,338	1,483	2,041	3,296	1,690	199
Total tangible fixed assets	9,251	2,338	1,483	2,041	3,296	1,690	199
Financial fixed assets
Investments in subsidiaries	0	0	0	0	0	0	0
Total financial fixed assets	1,237	1,631	0	0	0	0	0
Total fixed assets	13,630	7,111	25,974	28,435	25,108	14,405	1,355
Current assets
Receivables
Accounts receivables	24,822	18,648	14,226	6,662	4,264	13,715	105
Unbilled revenue	57,142	10,797	19,941	2,090
Other receivables	11,385	3,777	3,245	2,721	2,108	1,957	376
Total receivables	93,349	33,404	37,412	11,473	6,372	15,672	481
Cash and cash equivalents	218,526	241,275	28,388	9,016	16,909	15,388	6,341
Total current assets	311,875	274,679	65,800	20,489	23,281	31,060	6,823
Total assets	325,505	279,643	91,774	48,924	48,389	45,465	8,177

	2005	2004	2003	2002	2001	2000	1999
Shareholders' equity and liabilities
Equity
Called up capital
Share capital	2,056	1,985	1,693	1,233	1,220	1,171	53
Share premium reserve/group founds	208,188	200,696	76,869	25,276	37,469	29,896	0
Other reserves	21,802	4,537	954	0
Total called up capital	232,046	207,218	1,693	26,506	38,686	39,032	53
Retained earnings
Other equity /group founds	60,538	58,548	78,284	0	0	0	-2,382
Total retained earnings	60,538	58,548	78,284	0	0	0	-2,382
Total equity	292,584	265,766	79,977	26,506	38,686	39,032	-2,329
Liabilities
Current liabilities
Account payable	7,339	2,702	1,971	2,417	1,595	2,129	418
Taxes payable	549	0	67	0
Social security, VAT and other taxation payable	15,618	7,196	4,357	2,999	2,658	1,834	587
Other short-term liabilities	9,890	7,057	5,402	5,152	5,450	2,354	1,201
Total short-term liabilities	33,396	16,955	11,797	22,418	9,703	6,316	2,206
Total liabilities	33,396	16,955	91,774	48,924	48,389	45,465	8,177

Quarterly	3Q06	2Q06	1Q06	4Q05	3Q05	2Q05	1Q05	4Q04	3Q04	2Q04	1Q04	4Q03	3Q03	2Q03	1Q03	4Q02	3Q02	2Q02	1Q02
Assets
Deferred taxes	5,954	5,210	3,203	229	1,455	5,303	2,428	1,055	1,091	533	25,408	21,348	22,651	21,722	21,722	21,679	19,505	15,591	15,591
Goodwill	3,143	3,143	3,143	3,143	3,143	3,143	3,143	1,571	1,964	2,357	2,750	3,143	3,536	3,928	4,321	4,715	5,107	5,500	5,893
Tangible assets	16,259	14,553	13,181	9,251	6,671	3,240	2,865	2,338	1,993	1,960	1,913	1,483	1,641	1,337	1,699	2,041	2,346	2,680	2,938
Other current assets	5,546	83,772	10,992	93,347	76,637	56,038	49,361	33,404	31,062	36,494	43,799	37,412	18,922	21,504	10,259	11,473	8,487	13,049	17,659
Cash and cash equivalents	415,982	456,727	442,531	218,526	205,893	225,783	220,565	241,275	234,307	234,996	145,867	28,388	35,826	34,097	3,414	9,016	15,413	7,400	2,038
Total assets	539,430	563,405	547,704	324,496	293,799	293,507	278,362	279,643	270,417	276,340	219,737	91,774	82,576	82,588	41,415	48,924	50,858	44,220	44,119
Liabilities & equity
Paid in capital	441,022	437,939	425,830	222,737	208,467	204,617	200,846	200,846	198,998	199,095	194,918	79,516	74,228	74,966	22,010	26,506	31,433	37,315	35,477
Retained earnings	64,629	69,718	66,660	67,061	63,058	67,381	60,605	61,486	61,110	62,796	0	461	0	0	0	0	0	0	0
Short-term liabilities	31,441	55,748	55,214	34,698	17,311	21,509	16,911	17,311	10,309	14,449	24,819	11,797	8,348	7,622	19,405	22,418	7,575	6,905	8,642
Total liabilities & equity	539,430	563,405	547,704	324,496	281,215	293,507	278,362	279,643	270,417	276,340	219,737	91,774	82,576	82,588	41,415	48,924	50,858	44,220	44,119

Investor Relations

Erik Harrell
CFO
Tel: +47 24 16 40 00
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