On 21 March 2024, the Board of Directors of Telenor ASA approved the financial
statements for 2023 for issuance, subject to approval by the Annual General
meeting on 7 May 2024. Attached is the Telenor's Annual Report for 2023 and the
related ESEF XBRL zip files.
The financial statements are adjusted compared to the preliminary and unaudited
2023 results reported by Telenor Group on 7 February 2024 in the following
areas:
- Net cashflow from investing activities has decreased by NOK 10,7 billion and
net cashflow from financing activities has increased by the same amount to
correctly reflect the proceeds from sale of 30% of Telenor Fiber AS in Norway to
KKR. There is no impact on net change in cash and cash equivalents.
- A decrease of "share of net income (loss) from associated companies and joint
ventures " of NOK 838 million with an opposite effect in "impairment and gain
(loss) of associated companies and joint ventures" in the income statement for
2023. The changes are a result of one-time effects reported by True Corporation
in Q4 2023. The net income for the Telenor Group remains unchanged. Refer to
note 40 in the consolidated financial statements for further information.
Investor Relations Contacts:
Frank Maaø, Tel: (+47) 916 74 045
Sofie Traheim, Tel: (+47) 902 63 654
Kristin Dreyer Hysing, Tel: (+47) 958 44 502