The Board of Directors of Marine Harvest ASA approved the 2007 Annual Accounts in a meeting held 14 April 2008.
The approved 2007 accounts have some deviations from the figures presented in connection with the Q4 2007 presentation of 15 February 2007. The material deviations relates to EBIT, Net Income and Net Interest Bearing Debt.
The reported EBIT for 2007 was NOK 116.7 million, NOK 63.1 million higher than reported 15 February. The reason for the increase is the consolidation of Marine Harvest's 44% participation in Nova Sea. In previous reporting the Nova Sea stake has been reported under financial items.
The net profit has been reduced by NOK 59.2 million to NOK 5.1 million. This is primarily a result of an amendment in the accounting effects of the spin-off of Lighthouse Caledonia ASA.
Net interest bearing debt has been increased by NOK 263.5 million to NOK 6,743.5 as a result of the classification of the Aker Seafoods forward contract as interest bearing debt.
For futher information please contact:
Jørgen K Andersen (CFO) +47 951 43 854