Profit and loss account 1 January – 31 December

Note	NOK 1.000	2015	2014
	Operating income
	Tuition income	1 108 508	1 065 342
	Income from commissioned research	35 318	38 478
1	Government subsidies	263 916	258 078
2	Other operating income	43 600	45 073
	Total operating income	1 451 342	1 406 971
	Operating expenses
3,7	Salaries, wages and other personnel costs	841 188	768 340
5	Ordinary depreciation	101 266	90 660
12	Loss on receivables	1 021	514
4	Other operating expenses	428 118	413 398
	Total operating expenses	1 371 593	1 272 913
	Operating profit	79 749	134 058
	Financial income and expenses
	Financial income	11 184	24 362
6	Financial expenses	-48 932	-51 472
	Net financial items	-37 748	-27 110
	Profit before tax	42 001	106 949
21	Tax expense, taxable activities	0	-0
	Profit for the year	42 001	106 949
	Allocation of profit for the year:
	Net to / (from) the Research Development Fund	-13 202	-8 255
	Net to / (from) Fund for MSc and PhD scholarships	-5 800	-5 200
	Transferred to other equity	61 003	120 404
	Total allocated and transferred	42 001	106 949