Customerequipment includes mainly sale of mobile

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Unformatted text preview: 2010 37 078 17 460 11 248 673 16 365 27 834 20 661 41 377 36 172 731 Other Asia includes diGi (Malaysia), Grameenphone (bangladesh), Telenor Pakistan and uninor (india). / 06 / Revenues NOK in millions Mobile communication Fixed telephony, internet and TV satellite and TV-distribution Other Total services Customer equipment Total products Revenues 2011 2010 68 436 14 078 6 757 3 784 93 055 5 461 5 461 98 516 65 754 15 025 6 601 3 599 90 978 3 866 3 866 94 843 Mobile communication: Includes revenues from voice and non-voice traffic, subscription and connection for mobile devices and incoming traffic from other mobile operators. Fixed telephony, internet and TV: Fixed telephony includes revenues from traffic, subscription and connection for PSTN/ISDN and Voice over Internet Protocol (VoIP). Internet and TV includes revenues from subscription fees for xDSL and fibre, subscription fees and traffic charges for Internet traffic as well as revenues from TV services. satellite and TV distribution: Includes revenues from Nordic DTH subscribers and households in SMATV networks, revenues from satellite services, revenues from terrestrial radio and TV transmission and sale of encryption and conditional access services for TV distribution. Customer equipment includes mainly sale of mobile devices. Other includes revenues mainly from leased lines, leased network, data services, managed services, lease of properties etc. The Group has only limited operating lease revenues. These are primarily lease of some copper accesses and lease of dark fibre to other operators, co-location, lease of equipment, primarily in the satellite business and lease of properties. The Group has to a very limited extent finance lease revenues. Lease revenues are included in the different revenue categories in the table above and not shown separately due to their immateriality and because they in substance do not differ from the relevant revenue categories. Most agreements have a short minimum lease term, and future minimum lease revenues are immaterial. /page 38/ telenor annual report 2011 notes to the financial statements / telenor group / 07 / Costs of materials and traffic charges NOK in millions Traffic charges Costs of materials etc Total costs of materials and traffic charges 2011 (15 246) (12 294) (27 541) 2010 (15 686) (10 553) (26 239) Traffic charges include operating lease expenses relating to the lease of dedicated network and satellite capacity. See note 33 for information about operating lease commitments. / 08 / Salaries and personnel costs NOK in millions salaries and holiday pay social security tax Pension costs including social security tax (note 27) share-based payments, excluding social security tax 1) Other personnel costs Own work capitalised Total salaries and personnel costs 1) 2011 (8 994) (1 063) (883) (100) (532) 758 (10 814) 2010 (9 035) (1 046) (834) (57) (597) 717 (10 852) include expenses related to the Group’s employee share programme for all employees in European subsidiaries, and the Group’s long term incentive programme for managers and key personnel. The average number of man-years employed was 31,000 in 2011 and 33,000 in 2010. / 09 / Other operating expenses NOK in millions Operating leases of buildings, land and equipment Other cost of premises, vehicles, office equipment etc Operation and maintenance Concession fees Marketing and sales commission Advertising Consultancy fees and external personnel Other Total other operating expenses 2011 (3 858) (1 827) (4 983) (4 688) (7 743) (2 312) (2 229) (1 995) (29 635) 2010 (3 573) (1 831) (4 915) (4 155) (7 121) (2 600) (2 121) (2 216) (28 532) / 10 / Other income and expenses NOK in millions Gains on disposals of fixed assets and operations losses on disposals of fixed assets and operations Expenses for workforce reduction and onerous (loss) contracts One-time effects on pension costs Total other income (expenses) 2011 2010 399 (369) (532) 18 (485) 158 (283) (401) (46) (572) Gains on disposals in 2011 were primarily related to sale of fixed assets, properties and operations in Telenor Norway and Other units. Gains on disposals in 2010 were primarily related to sale of properties and fixed assets. Losses on disposals in 2011 were mainly due to disposals of obsolete equipment in Telenor Norway, Broadcast, Telenor Hungary and Telenor Pakistan. Losses on disposals in 2010 were mainly due to disposals of obsolete equipment in Telenor Norway and Telenor Pakistan. Expenses for workforce reductions and onerous (loss) contracts in 2011 were mainly related to workforce reductions in Telenor Norway, Telenor Denmark, Broadcast and Telenor ASA, and loss contracts in Broadcast and Telenor Sweden. In 2010, the expenses were mainly attributable to workforce reductions in Telenor Norway, Telenor Denmark, Telenor ASA, Telenor Hungary and Telenor Sweden, and loss contracts in Telenor Hungary and Broadcast. See also note 26. /page 39/ telenor annual report 2011 notes to the financ...
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This document was uploaded on 03/21/2014.

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