Other current liabilities
Included in other current liabilities is an item of NOK 98.2 million to the Dutch bank FMO in connection with the acquisition of interests in the African Forestry Impact Fund held by Norfund at year-end 2023.
Guarantees
As part of its activities, Norfund has issued 4 guarantees totaling NOK 51 million. An annual assessment is made by the project manager of whether the guarantee is at risk of being invoked, and a proportional provision is made accordingly. As of 31.12.23, no allocation had been made for guarantee commitments.
Other commitments
In connection with the exit from SN Power AS, there are some latent liabilities related to capital gains tax in particular which may be invoked by Scatec ASA. The claim is uncertain, with a probably outcome of USD 0.25 million, but may be up to USD 6 million under certain conditions. As the probability is not high, and the size of the claim is uncertain, no allocation is made in the accounts for this commitment.