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Note 4 Salaries and personnel costs

Note 4 Lønns- og personalkostnader Tabell ENG

Loans to employees

Employees had loans in the company totalling NOK to million as at 31 December 2013. The loans are repaid by salary deductions over a period of up to two years. The loans are interest-free for the employee. The interest gain of loans exceeding 3/5 of the basic amount is taxed in relation to the current standard interest rate set by the authorities.

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