Notes

Other operating expenses
(Figures in 1000s of NOK)20242023
Seminars, conferences, upgrading of competencies9,3058,372
Travel expenses23,74824,799
External assistance, projects73,12153,590
External assistance, other23,26518,376
Rent, Oslo, including joint expenses13,43411,411
Rent regional offices4,9405,043
Other expenses30,37731,151
Total operating expenses178,190152,742
(in 1000s of NOK)Original operating expenses 2023Reclassified 2023Recast operating expenses 2023
Provision for losses on receivables (reclassified to “Value changes investments and receivables”) 1,199-1,1990
Other operating expenses from liquidity placements06,0446,044
Other operating expenses146,6980146,698
Total operating expenses147,8974,845152,742

In 2024 Norfund decided to reclassify the effects on results of liquidity placements from the financial to the operating results. These include service costs, defined in the table above as “Other operating expenses from liquidity placements”. Norfund also decided to classify the provision for losses on receivables from operating expenses to “Value changes investments and receivables”.

Premises
Primary rental contractsLease periodAnnual rental costs
Premises at Fridtjof Nansens Plass 4, Oslo15.11.16 – 31.12.20267,144,632
Premises 4th floor Klingenberggaten 41.6.23 – 31.12.20273,045,292

In addition there are lease contracts for our regional offices.

Auditor's fee
(Figures in 1000s of NOK)20242023
Statutory audit1,6411,373
Other services (including legal services)928541
Total2,5691,914

Auditor’s fee is inclusive of VAT.
In addition, business partners of Deloitte AS in other countries delivered other services expensed in the amount of NOK 0.9 million (NOK 1.6 million. in 2023) excl. VAT.