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NOTE 17
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TRANSACTIONS AND BALANCES WITH GROUP COMPANIES
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Ferd AS has the following loans and balances with group companies:
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NOK 1 000
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2015
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2014
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Receivables
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Short-term receivables on group companies
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117 884
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724 687
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Total receivables
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117 884
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724 687
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Debt
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Short-term debt to group companies
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70 046
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909 732
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Total debt
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70 046
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909 732
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All group balances bear an interest of 6 months NIBOR + 1,5 percentage points.
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Long-term loans have interest rates at assumed market terms.
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NOK 1 000
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2015
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2014
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Services billed to group companeis
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Staff services
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7 368
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8 847
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Property management
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15 737
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16 174
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Total income
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23 104
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25 022
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Interest income on intercompany loans and balances
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Interest income
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6 352
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6 582
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Interest expense
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- 1 269
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Net interest income
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6 352
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5 313
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