FINANCIAL HIGHLIGHTS
A LETTER FROM THE CEO
REPORT OF THE BOARD OF DIRECTORS
CONSOLIDATED INCOME STATEMENT
CONSOLIDATED BALANCE SHEET
CONSOLIDATED CASH FLOW STATEMENT
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
INCOME STATEMENT - TANDBERG asa
BALANCE SHEET - TANDBERG asa
CASH FLOW - TANDBERG asa
01 03 04 05 06 07
08 09
AUDITOR'S REPORT 2005
CORPORATE GOVERNANCE
Note 2
SALARY COSTS
Average number of employees during the year was 5. At year-end, 4 persons were employed by the Company.
* The 2005 share option program was canceled by the Board of Directors on 16 February 2005.
In addition, Jan Chr. Opsahl and Amund Skarholdt received NOK 20,000 each for committee work.
The Chairman of Board has a defined contribution pension plan. In accordance with the plan he is entitled to receive annual payments of NOK 728,616 from April 2009 until April 2024.
Terje Rogne, President TANDBERG asa, received a total consideration of NOK 1,475,077 in 2005 in addition to pension contributions of NOK 69,416 and other benefits of NOK 52,366. Mr. Rogne also had reported benefits from exercise of share options of NOK 2,398,500 in 2005. Mr. Rogne (and close relatives) owned at total of 477,720 shares in TANDBERG asa as of 31 December 2005.
Per Haug Kogstad, an executive officer in TANDBERG asa, owned a total of 108,854 shares as of 31 December 2005 in the Company. Employees in TANDBERG asa had been granted a total of 23,000 share options as of 31 December 2005. The share option program has later been cancelled by Board of Directors.
AUDITORS KPMG is the elected auditor for TANDBERG asa. The following table lists all fees paid to KPMG in 2005 by TANDBERG asa.
The Chairman of Board has a defined contribution pension plan. In accordance with the plan he is entitled to receive annual payments of NOK 728,616 from April 2009 until April 2024.
Terje Rogne, President TANDBERG asa, received a total consideration of NOK 1,475,077 in 2005 in addition to pension contributions of NOK 69,416 and other benefits of NOK 52,366. Mr. Rogne also had reported benefits from exercise of share options of NOK 2,398,500 in 2005. Mr. Rogne (and close relatives) owned at total of 477,720 shares in TANDBERG asa as of 31 December 2005.
Per Haug Kogstad, an executive officer in TANDBERG asa, owned a total of 108,854 shares as of 31 December 2005 in the Company. Employees in TANDBERG asa had been granted a total of 23,000 share options as of 31 December 2005. The share option program has later been cancelled by Board of Directors.
AUDITORS KPMG is the elected auditor for TANDBERG asa. The following table lists all fees paid to KPMG in 2005 by TANDBERG asa.
© TANDBERG 2006