The book value of the Groupís investments was NOK 8.1 billion. The market value of its listed investments alone exceeded NOK 17 billion as of 2 November 2005. Aker Drilling, Aker House (Aker Hus) and other non-listed assets are not included in the latter figure.
The holding companies of the Aker Group had NOK 1.7 billion in cash and short-term interest-bearing assets as of 30 September 2005; the equity ratio was 69 percent. Net interest-bearing items were in the black by NOK 203 million.
Operations of the main companies in the Aker Group have developed favorably. The Aker Groupís total profit before financial expenses and depreciation (EBITDA) for the first nine months of 2005 amounted to NOK 2.2 billion. The strong order backlog provides a sound basis for continued earnings improvement.
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