Investor relations 

Entra has a sound capital base and a strong cash flow, which provide the foundations for further growth in line with the company's strategy. We will at all times give our owners, potential investors and other market participants simultaneous access to accurate, relevant, complete and consistent information about the company in line with the Oslo Stock Exchange’s applicable IR recommendations.

Anders Olstad

CFO

+47 900 22 559

anders.olstad@​entra.no

Tone Kristin Omsted

Investor relations

+47 982 28 510

tone.omsted@​entra.no

Financial calendar

  • 11.07.18 Half-yearly 2018 report

  • 18.10.18 Q3 2018 report

  • 08.02.19 Q4 2018 report

The Entra share

Entra ASA is registrered at Oslo Børs under the ticker: ENTRA

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Entra ASA (ENTRA) Oslo Børs
Updated 20.04.2018 16:30 (Europe/Oslo)
110.4
-1.64
-1.44%

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Annual and interim reports

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Financing

Entra is a major issuer of bonds and commercial paper in the Norwegian market. See the list of outstanding issues listed on the Oslo Stock Exchange. 

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Corporate governance

Articles of association, company certificate, and corporate governance.

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Financial tables

All figures in NOK millions Q4-17Q3-17Q2-17Q1-17Q4-16Q3-16Q2-16Q1-16Q4-15Q3-15Q2-15Q1-1520172016201520142013
Rental income 525,8506,7517,0525,1506,4476,8462,6453,5437,2458,6423,4440,42.074,71.899,41.759,71.772,01.632,3
Change period-on-period 3,8%6,3%11,8%15,8%15,8%4,0%9,3%3,0%-2,6%2,5%-4,3%1,7%9,2%7,9%-0,7%8,6%2,8%
Net operating income 480,0467,9476,0489,1454,9434,8421,5428,9376,0410,9381,0406,51.913,11.740,11.574,41.624,31.475,0
Change period-on-period 5,5%7,6%12,9%14,0%21,0%5,8%10,6%5,5%-6,7%1,0%-8,3%1,8%9,9%10,5%-3,1%10,1%2,6%
Net income from property management 314,3306,8327,8311,0272,8260,5257,9278,3220,2258,4110,2210,31.259,41.069,6799,1773,8525,2
Change period-on-period 15,2%17,8%27,1%11,7%23,9%0,8%134,1%32,3%68,3%15,4%-49,4%4,5%17,8%33,8%3,3%47,4%na
Profit before tax 1.250,51.031,11.446,31.302,01.474,6757,4789,5284,4717,0680,6661,01.016,25.029,93.306,03.074,91.377,0457,6
Change period-on-period -15,2%36,1%83,2%357,8%105,7%11,3%19,4%-72,0%65,0%29,0%104,3%1.014,7%52,1%7,5%123,3%200,9%-43,4%
Profit after tax 1.400,9823,21.246,01.044,31.315,7582,4603,0221,3774,5492,4506,4948,14.514,32.722,32.721,31.025,7465,7
Change period-on-period 6,5%41,4%106,6%371,9%69,9%18,3%19,1%-76,7%137,7%28,0%106,9%1.247,4%65,8%0,0%165,3%120,2%-34,8%
Market value of the property portfolio* 40.036,138.431,537.553,836.986,835.784,835.191,132.046,729.862,529.598,028.756,328.085,827.688,640.036,135.784,829.598,028.358,024.963,0
Net nominal interest-bearing debt 17.852,417.377,517.477,717.631,017.453,717.515,715.038,814.514,914.639,612.843,012.901,112.270,617.852,417.453,714.639,613.889,814.350,1
Loan to value* 43,3%43,9%45,3%46,4%47,6%48,7%45,9%45,2%46,1%43,9%45,2%43,7%43,3%47,6%46,1%48,4%56,6%
Interest coverage ratio* 2,92,93,12,92,82,72,72,82,62,92,52,33,02,72,52,01,8
EPRA NAV 16.342,016.342,016.342,016.342,016.342,016.342,016.342,014.029,014.029,014.029,014.029,014.029,016.342,014.029,010.949,0
EPRA NNNAV 14.955,014.955,014.955,014.955,014.955,014.955,014.955,012.531,012.531,012.531,012.531,012.531,014.955,012.531,09.847,0
Number of shares 183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,7183,70,1
All figures in NOK per share* Q4-17Q3-17Q2-17Q1-17Q4-16Q3-16Q2-16Q1-16Q4-15Q3-15Q2-15Q1-152.017,02.016,02.015,02.014,02.013,0
EPRA NAV 127,2120,7117,2110,2101,393,291,290,389,085,181,081,4127,2101,389,076,476.998,0
Change period-on-period 25,6%29,5%28,6%22,0%13,9%9,6%12,5%11,0%nananana25,6%13,9%16,4%nana
EPRA NNNAV 117,9111,5108,2101,493,484,682,682,281,477,674,273,6117,993,481,468,069.253,0
Change period-on-period 26,3%31,8%31,0%23,3%14,7%9,0%11,4%11,7%nananana26,3%14,7%19,7%nana
EPRA Earnings 1,41,21,41,21,21,01,01,10,80,80,90,85,24,33,33,03.158,0
Change period-on-period 13,0%30,1%33,6%15,7%52,3%12,5%19,9%40,1%nananana22,5%31,4%8,3%nana
Cash earnings**/*** 1,71,71,81,71,51,41,41,51,21,40,61,26,85,85,04,13.833,3
Change period-on-period 16,1%17,4%25,0%11,7%22,2%0,8%138,5%32,0%nananana17,4%17,0%20,8%nana
Dividend per share**** 2,10,02,00,01,80,01,70,03,00,0nana4,13,53,02,5na
Change period-on-period 20,0%0,0%17,6%0,0%na0,0%na0,0%na0,0%nana18,8%15,0%20,0%nana
Reference
* See section "Calculation of key figures and definitions"
** Cash earnings in 2015 has been adjusted by 115 million due to termination of swap contracts in Q2-2015.
The termination fee was defined as a one-off item and did not reduce cash earnings as a basis for dividend for 2015.
*** Cash earnings definition changed from Q1-16 to also include net income from property management for JVs excluding Oslo S Utvikling. See definitions.
**** In 2016 Entra ASA started with semi-annual payments of dividends. Dividends in 2016 of 3.45 per share constitute of dividend approved and paid in 2016 for the first half year 2016
and dividend approved for second half of 2016, paid in May 2017. Dividend for 2017 of 4.10 per share constitute dividend of 2.00 per share approved and paid for the first half 2017 and dividend
of 2.10 per share proposed for the second half of 2017.
Several of the numbers are marked as not applicable ("na") as the figures are not comparable either due to historical changes in the P&L or due to changes in the outstanding shares of Entra ASA.
All figures in NOK millions Q4-17Q3-17Q2-17Q1-17Q4-16Q3-16Q2-16Q1-16Q4-15Q3-15Q2-15Q1-15201720162015
Rental income 525,8506,7517,0525,1506,4476,8462,6453,5437,2458,6423,4440,42.074,71.899,41.759,7
Repairs & maintenance -13,0-12,9-8,4-5,9-20,2-13,8-14,0-2,3-23,5-17,1-8,1-7,7-40,2-50,3-56,4
Operating costs -32,8-25,9-32,7-30,1-31,3-28,3-27,2-22,3-37,8-30,7-34,3-26,2-121,5-109,1-128,9
Net operating income 480,0467,9476,0489,1454,9434,8421,5428,9376,0410,9381,0406,51.913,11.740,11.574,4
Other revenue 68,326,1129,361,1766,571,354,258,427,419,826,7165,8284,8950,5239,7
Other costs -58,5-23,8-105,3-58,8-753,2-65,0-54,8-54,0-27,0-16,9-21,8-158,7-246,4-927,0-224,4
Administrative costs -47,8-36,4-36,3-42,7-42,3-38,0-27,7-43,8-45,4-36,1-32,5-54,1-163,1-151,8-168,2
Share of profit from associates and JVs 81,630,67,8124,374,057,410,68,115,8-13,231,710,2244,4150,144,5
Net realised financials -137,3-133,2-138,5-140,8-153,3-145,3-140,2-132,9-111,9-119,8-245,3-148,6-549,8-571,7-625,5
Net income 386,3331,2333,1432,3346,6315,2263,6264,8234,8244,7139,8221,21.483,01.190,2840,5
- of which net income from property management 314,3306,8327,8311,0272,8260,5257,9278,3220,2258,4110,2210,31.259,41.069,6799,1
Changes in value of investment properties 830,7682,11.077,6869,9867,7374,4566,7181,9403,1521,5177,6715,63.460,21.990,61.817,8
Changes in value of financial instruments 33,517,835,6-0,2260,467,9-40,7-162,379,2-85,5343,579,586,7125,3416,6
Profit before tax 1.250,51.031,11.446,31.302,01.474,6757,4789,5284,4717,0680,6661,01.016,25.029,93.306,03.074,9
Tax payable -2,0-0,9-5,20,0-3,80,0-0,00,00,00,00,00,0-8,2-3,80,0
Change in deferred tax 152,4-207,0-195,1-257,6-155,2-175,1-186,5-63,157,4-188,3-154,6-68,1-507,3-579,9-353,6
Profit for period/year 1.400,9823,21.246,01.044,31.315,7582,4603,0221,3774,5492,4506,4948,14.514,32.722,32.721,3
Actuarial gains and losses 14,0-14,00,00,04,6-27,50,00,035,13,80,00,00,0-22,938,9
Change in deferred tax on comprehensive income -3,43,40,00,0-1,26,90,00,0-9,5-1,00,00,00,05,7-10,5
Total comprehensive income for the period/year 1.411,5812,51.246,01.044,31.319,2561,7603,0221,3800,1495,1506,4948,14.514,32.705,22.749,7
Profit attributable to:
Equity holders of the Company 1.390,0815,31.230,61.028,01.262,3574,7559,0223,1765,6451,7495,4935,74.463,92.619,12.648,2
Non-controlling interest 10,87,815,416,353,47,644,0-1,88,940,711,012,450,4103,273,1
Total comprehensive income attributable to:
Equity holders of the Company 1.400,7804,71.230,61.028,01.265,8554,1559,0223,1791,3454,5495,4935,74.463,92.601,92.676,6
Non-controlling interest 10,87,815,416,353,47,644,0-1,88,940,711,012,450,4103,273,1
All figures in NOK millions 31.12.201730.09.201730.06.201731.03.201731.12.201630.09.201630.06.201631.03.201631.12.201530.09.201530.06.201531.03.2015
Intangible assets 125,2124,5123,1123,7124,2161,5161,4160,5160,9193,9192,1186,8
Investment property 39.875,337.121,237.409,536.327,235.629,134.355,931.169,929.070,328.823,428.092,527.939,427.406,0
Other operating assets 22,922,120,821,426,327,327,127,935,130,231,237,0
Investments in associates and JVs 1.486,91.826,71.806,51.763,91.561,41.584,91.502,62.877,12.788,81.121,41.170,31.121,8
Financial derivatives 405,0421,4438,8456,6472,4574,3640,2633,8530,3532,0425,3537,4
Long-term receivables 243,9202,6201,6169,3162,766,169,165,752,750,961,564,7
Total non-current assets 42.159,139.718,540.000,238.862,137.976,136.770,033.570,332.835,432.391,330.020,929.819,729.353,7
Property and housing-units for sale 0,00,10,10,10,1676,4664,8644,8588,9556,733,950,7
Investment property held for sale 180,01.323,9160,0674,6168,4138,5194,3148,2165,4150,0178,2298,8
Trade receivables 34,132,728,946,026,661,314,960,655,642,336,079,5
Other receivables 847,5802,7650,8531,1476,0344,2272,3238,0205,998,6118,876,5
Cash and bank deposits 189,2233,8139,3380,6242,7188,0157,5135,6211,7158,272,1127,2
Total current assets 1.250,82.393,1979,11.632,5913,71.408,31.303,71.227,21.227,41.005,8439,0632,7
Total assets 43.410,042.111,640.979,340.494,738.889,838.178,334.874,034.062,633.618,731.026,730.258,729.986,4
Shareholders equity 18.504,817.104,316.667,115.759,514.731,713.466,013.224,213.217,912.994,812.203,611.749,211.713,9
Non-controlling interests 433,3426,5418,6403,3391,9408,5400,9356,9358,7349,8309,2298,2
Total equity 18.938,117.530,817.085,716.162,815.123,713.874,513.625,113.574,813.353,512.553,512.058,412.012,1
Interest-bearing debt 13.785,713.440,214.649,714.616,614.734,014.487,611.849,411.972,912.082,611.599,911.083,710.393,1
Deferred tax liability 4.356,34.511,44.308,04.112,93.855,33.697,73.572,23.380,13.324,13.363,23.178,53.024,6
Financial derivatives 712,0773,9801,5850,3893,61.130,21.283,01.295,21.120,91.136,0941,11.273,9
Other non-current liabilities 354,5364,7344,0350,1357,7254,9230,2230,3236,6203,2220,0201,7
Total non-current liabilities 19.208,619.090,120.103,319.929,819.840,519.570,416.934,816.878,516.764,116.302,215.423,214.893,3
Interest-bearing debt 4.663,34.590,13.393,83.826,23.378,63.751,83.851,83.122,83.122,81.821,22.312,02.550,0
Trade payables 306,2284,5209,1256,7289,8274,9255,4220,9142,3165,4284,9248,1
Other current liabilities 293,9616,2187,4319,1257,2706,7207,0265,7236,0184,5180,3283,0
Total current liabilities 5.263,45.490,83.790,34.402,03.925,74.733,44.314,13.609,33.501,12.171,02.777,13.081,1
Total liabilities 24.471,924.580,823.893,624.331,923.766,224.303,921.248,920.487,820.265,218.473,318.200,417.974,4
Total equity and liabilities 43.410,042.111,640.979,340.494,738.889,838.178,334.874,034.062,633.618,731.026,730.258,729.986,4
All figures in NOK millions Q4-17Q3-17Q2-17Q1-17Q4-16Q3-16Q2-16Q1-16Q4-15Q3-15Q2-15Q1-15201720162015
Profit before tax 1.250,51.031,11.446,31.302,01.474,6757,4789,5284,4717,0680,6661,01.016,25.029,93.306,03.074,9
Income tax paid 0,00,0-3,80,00,00,00,00,00,00,00,00,0-3,80,00,0
Net expensed interest and fees on loans 137,5133,3137,2142,0171,0144,5140,9132,3125,1158,0132,9145,1550,0588,7645,0
Net interest and fees paid on loans -134,3-111,2-183,7-134,4-130,0-111,3-152,4-126,4-119,6-157,6-147,5-158,8-563,6-520,0-583,5
Share of profit from associates and jointly controlled entities -81,6-30,6-7,8-124,3-74,0-57,4-10,6-8,1-15,813,2-31,7-10,2-244,4-150,1-44,5
Depreciation and amortisation 1,92,41,81,139,62,11,83,01,94,12,210,17,246,518,2
Changes in value of investment properties -830,7-682,1-1.077,6-869,9-867,7-374,4-566,7-181,9-403,1-521,5-177,6-715,6-3.460,2-1.990,6-1.817,8
Changes in value of financial instruments -33,5-17,8-35,60,2-260,4-67,940,7162,3-79,285,5-343,5-79,5-86,7-125,3-416,6
Change in working capital 33,086,9-60,6-66,32,6-29,8-42,611,138,92,030,7-13,7-6,6-58,7-26,1
Net cash flow from operating activities 342,7412,1216,3250,5355,9263,3200,7276,6265,3264,3126,3193,71.221,81.096,5849,7
Proceeds from property transactions 1.200,9164,5837,8151,0692,363,6103,3162,252,113,8128,11.598,32.351,01.021,51.792,3
Purchase of business net of cash 0,00,00,00,00,00,00,00,00,00,00,00,00,00,00,0
Purchase of investment properties -326,60,00,0-155,610,7-2.547,70,50,0-131,90,00,00,0-482,2-2.536,5-131,9
Investment in and upgrades of investment properties -437,9-401,5-436,0-296,6-461,9-192,1-215,3-131,7-237,7-217,5-289,8-165,8-1.570,5-1.001,0-910,8
Investment in property and housing-units for sale -77,7-27,5-61,9-39,5-55,2-52,0-25,0-100,4-49,9-29,3-0,8-1,9-206,6-232,5-81,8
Purchase of intangible and other operating assets -16,5-5,7-2,4-0,3-7,1-1,9-4,3-1,9-19,9-4,7-2,2-14,0-23,5-15,2-40,8
Net payment financial assets -78,8-2,00,00,0-10,00,00,05,0-23,510,00,0-16,0-80,8-5,0-29,5
Net payment of loans to associates and JVs 0,00,0-32,8-7,5-0,50,00,00,00,20,00,062,2-40,3-0,562,4
Net payments in associates and JVs -59,4-39,6-35,9-78,2-80,6-42,2-50,3-80,2-1.651,6-14,4-17,3-37,1-213,1-253,2-1.720,4
Dividends from associates and JVs 200,10,01,10,00,050,90,00,00,050,60,00,0201,250,950,6
Net cash flow from investment activities 404,1-311,9270,0-426,787,6-2.721,2-191,1-147,0-2.062,2-191,3-182,01.425,6-64,8-2.971,7-1.009,9
Proceeds interest-bearing debt 2.962,72.370,43.380,54.020,53.111,16.331,94.576,43.516,97.997,37.564,92.713,7850,012.734,317.536,319.125,9
Repayment interest-bearing debt -3.382,6-2.376,1-3.780,1-3.706,1-3.117,6-3.824,5-4.030,3-3.722,6-6.146,8-7.551,7-2.253,2-2.540,2-13.244,9-14.695,1-18.491,8
Proceeds from/repayment of equity -0,20,0-1,5-0,20,00,0-1,50,00,0-0,80,00,0-1,9-1,5-0,8
Dividends paid -371,50,0-326,50,0-382,4-19,0-532,20,00,00,0-459,30,0-698,0-933,5-459,3
Net cash flow from financing activities -791,6-5,7-727,7314,2-388,82.488,412,3-205,71.850,612,41,2-1.690,2-1.210,51.906,2174,0
Change in cash and cash equivalents -44,894,5-241,3137,954,730,521,9-76,153,885,4-54,4-70,9-53,431,013,8
Cash and cash equivalents at beginning of period 234,1139,3380,6242,7188,3157,8135,9212,0158,272,8127,2198,2242,7211,7198,2
Cash and cash equivalents at end of period 189,3233,8139,3380,6243,0188,3157,8135,9212,0158,272,8127,2189,2242,7212,0

About the share

 

 

1

Shareholders

Our top 20 shareholders

 

 

2

Dividend policy

Entra targets a dividend payout ratio of approximately 60 % of Cash Earnings defined as net result from property management less payable tax. 

3

Primary insiders

Entra defines its members of the board of directors and the management team, its auditor, as well as those with main responsibility for accounting, finance and administration in the company as primary insiders.

Link to primary insiders

4

Registrar and auditor

If you have any questions regarding your holding of Entra shares, please contact our registrar:

DNB Bank ASA
Custody service/Issuer service
P.O. 1600 Sentrum
N-0021 Oslo
Phone.: +47 23 26 80 21
E-mail: kua@​dnb.no

Entra is audited by:

Deloitte
Dronning Eufemias gate 14
P.O. 221 Sentrum
N-0103 Oslo
Phone: 23 27 90 00

5

Analysts

CompanyAnalystE-mailPhone
ABG Sundal CollierBengt JonassenBengt Jonassen@abgsc.se+46 8 566 286 21
ArcticAnna-Karin Hempelanna-karin.hempel@​arcticsec.no+47 21 01 32 76
ArcticCarl Henrik Engel Sagstadcarl.sagstad@​arcticsec.no+47 21 01 31 00
CarnegieHans Rettedal Christiansenhr@​carnegie.no+47 22 00 93 21
DNB MarketsSimen F.R. Mortensensimen.mortensen@​dnb.no+47 95 40 81 17
Goldman SachsJulian Livingston-Boothjulian.livingston-booth@​gs.com+44 207 552 2838
HandelsbankenAlbin Sandbergalsa06@​handelsbanken.se+46 8 701 80 16
HandelsbankenMarcela Klangmazi02@​handelsbanken.se+46 8 701 51 18
KempenRobert Woerdemanrobert.woerdeman@​kempen.com+31 20 348 8458
Pareto SecuritiesFredrik Steinslienfs@​paretosec.com+47 48 05 53 23
SEBChristoffer Adamschristoffer.adams@​seb.no+47 21 00 85 14
SwedbankPeter Hermanrudpeter.hermanrud@​swedbank.no+47 23 23 82 53

 

6

Messages

  • All
  • Press releases
  • Stock exchange notices
20.04.2018
Annual General Meeting of Entra ASA
Stock exchange notices
20.04.2018
Q1-18 - Continued value and earnings growth
Stock exchange notices
19.04.2018
Signed lease contract with the Norwegian Tax Authority for new-build project in Trondheim
Stock exchange notices
16.04.2018
Invitation to presentation of financial results for Q1 2018
Stock exchange notices
10.04.2018
New 10-year lease contract with Enova in Powerhouse Brattørkaia in Trondheim
Stock exchange notices
09.04.2018
Issues commercial paper
Stock exchange notices
27.03.2018
Notice of Annual General Meeting
Stock exchange notices
19.03.2018
Buys development project at Bryn in Oslo
Stock exchange notices
16.03.2018
Annual report for 2017
Stock exchange notices
08.03.2018
Entra issues commercial paper
Stock exchange notices
02.03.2018
New lease contract in Akersgata 51/Apotekergata 6
Stock exchange notices
16.02.2018
Mandatory notification of trade and allocation of shares to primary insiders
Stock exchange notices
16.02.2018
Share buy-back in connection long-term with incentive share program for senior management
Stock exchange notices
09.02.2018
  Key information relating to the proposed cash dividend
Stock exchange notices
09.02.2018
Q4-17/FY-17 Continued income and value growth, proposing semi-annual dividend of 2.10 per share
Stock exchange notices
7

Reports and presentations

Annual and interim reports & presentations

  • All
  • Quarterly reports
  • Annual reports
  • Stock market announcements
  • Press releases
  • Other Presentations
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001

2018

Q1-2018

  • Interim report
  • Presentation
  • Webcast

2017

  • Annual report Entra ASA

Q4-2017

  • Interim report
  • Presentation
  • Webcast

Q3-2017

  • Interim report
  • Presentation
  • Webcast

Q2-2017

  • Interim report
  • Presentation
  • Webcast

Q1-2017

  • Interim report
  • Presentation
  • Webcast

2016

  • Annual report Entra ASA

Q4-2016

  • Interim report
  • Presentation
  • Webcast

Q3-2016

  • Interim report
  • Presentation
  • Webcast

Q2-2016

  • Interim report
  • Presentation
  • Webcast

Q1-2016

  • Interim report
  • Presentation
  • Webcast

2015

  • Annual report Entra ASA

Q4-2015

  • Interim report
  • Presentation
  • Webcast

Q3-2015

  • Interim report
  • Presentation
  • Webcast

Q2-2015

  • Interim report
  • Presentation
  • Webcast

Q1-2015

  • Interim report
  • Presentation
  • Webcast

2014

  • Annual report Entra ASA
  • Annual report Entra Eiendom AS

Q4-2014

  • Interim report
  • Presentation
  • Webcast

Q3-2014

  • Interim report
  • Presentation
  • Webcast

Q2-2014

  • Half year report

Q1-2014

  • Interim report

2013

  • Annual report

Q4-2013

  • Interim report

Q3-2013

  • Interim report

Q2-2013

  • Half year report

Q1-2013

  • Interim report

2012

  • Annual report

Q4-2012

  • Interim report

Q3-2012

  • Interim report

Q2-2012

  • Half year report

Q1-2012

  • Interim report

2011

  • Annual report

Q4-2011

  • Interim report

Q3-2011

  • Interim report

Q2-2011

  • Half year report

Q1-2011

  • Interim report

2010

  • Annual report

Q4-2010

  • Interim report

Q3-2010

  • Interim report

Q2-2010

  • Half year report

Q1-2010

  • Interim report

2009

  • Annual report

Q4-2009

  • Interim report

Q3-2009

  • Interim report

Q2-2009

  • Half year report

Q1-2009

  • Interim report

2008

  • Annual report

Q4-2008

  • Interim report

Q3-2008

  • Interim report

Q2-2008

  • Half year report

Q1-2008

  • Interim report

2007

  • Annual report

Q4-2007

  • Interim report

Q3-2007

  • Interim report

Q2-2007

  • Half year report

Q1-2007

  • Interim report

2006

  • Annual report

Q3-2006

  • Interim report

Q2-2006

  • Half year report

2005

  • Annual report

Q4-2005

  • Interim report

Q3-2005

  • Interim report

Q2-2005

  • Half year report

Q1-2005

  • Interim report

2004

  • Annual report

Q4-2004

  • Interim report

Q3-2004

  • Interim report

Q2-2004

  • Half year report

Q1-2004

  • Interim report

2003

  • Annual report

2002

  • Annual report

2001

  • Annual report

Other presentations/documents

  • All
  • Quarterly reports
  • Annual reports
  • Stock market announcements
  • Press releases
  • Other Presentations
  • 2016
  • 2015
  • 2014

2016

  • Green Bond Report 2016
  • Green Bond Investor Presentation

2015

  • Swedbank property seminar, June 2015
  • Kempen investor conference, June 2015
  • IPO presentation Eiendomsdagene 2015

2014

  • IPO prospectus 201
8

Financing

Entra is a major issuer of bonds and commercial paper in the Norwegian market. Below is a list of outstanding issues.

The group’s nominal interest-bearing debt as at 31.12.2017 was NOK 18 042 million

Composition of interest-bearing debt as of 31.12.2017

Bonds (61 %)Bank (22 %)Commercial paper (17 %)

Below is a list of outstanding issues listed on the Oslo Stock Exchange.

Bond issues

Documentation for outstanding issues

Bond Issue 2017–2022 ISIN NO0010811649

 

Green Bond 2017–2024 ISIN NO 0010789464

 

Green Bond Issue 2016–2023 ISIN NO 0010774797

 

Bond Issue  2016–2023 ISIN NO 0010766389

 

Bond Issue 2016–2021 ISIN NO 0010766363

 

Bond Issue 2015–2022 ISIN NO 0010740061

 

Bond Issue 2014–2019 ISIN NO 0010715931


Bond Issue 2013–2020 ISIN NO 0010686660


Bond Issue 2013–2023 ISIN NO 0010670995


Bond Issue 2013-2018 ISIN NO 0010673700


Bond Issue 2012/2017 ISIN NO 0010641806


Bond Issue 2012/2015 ISIN NO 0010662869


Bond Issue 2010/2017 ISIN NO 0010592363


Bond Issue 2009/2014 ISIN NO 0010552441


Bond Issue 2009/2014 ISIN NO 0010552458


Bond Issue 2009/2019 ISIN NO 0010552466

 

Commercial paper issues

 

9

Corporate Governance

Entra’s board has approved guidelines for good corporate governance in accordance with the Norwegian Code of Practice for Corporate Governance issued by the Norwegian Corporate Governance Board (NUES)

The following elements are central in these guidelines:

  • Entra shall maintain open, reliable and relevant communication with the outside world about the company's business and matters related to corporate governance.
  • Entra shall have a board that is independent of the group’s management.
  • Emphasis shall be placed on avoiding as far as possible conflicts of interest between shareholders, the board and management.
  • Entra shall have a clear division of work between the board and management.
  • Equal treatment of shareholders.

Articles of Association
Corporate Governance Guidelines

IR policy
 

10

General meeting

The board shall arrange for as many shareholders as possible to be able to exercise their rights to participate in the company's general meeting, and for the general meeting to be an effective meeting place for shareholders and the board, through, among other things, ensuring that:

  • the notice and agenda documents for the general meeting, including the election committee's recommendations, are published on the company's website at the latest 21 days before the general meeting is to be held.
  • agenda documents are sufficiently detailed for shareholders to be able to take a position on all matters that are to be considered.
  • the deadline for notice of attendance is to be set as close to the meeting as practically possible and in accordance with the provisions in the Articles of Association.
  • the board and the person chairing the meeting shall ensure that the general meeting is able to vote on each of the candidates for appointment to the company's governing bodies.
  • the board, election committee and auditor attend the general meeting.
  • routines are in place to ensure that the person chairing the general meeting is independent.

 

General meeting 2018

The Annual General Meeting in Entra ASA was held 20. April 2018 

 Notice of Annual General Meeting in Entra ASA

Minutes of the Annual General Meeting of Entra ASA

 

General meeting 2017

The Annual General Meeting in Entra ASA was held  27. April 2017 

Notice of Annual General Meeting in Entra ASA

Minutes of the Annual General Meeting of Entra ASA

 

General meeting 2016

The Annual general meeting in Entra ASA was held 28. April 2016

Notice of Annual General Meeting in Entra ASA

Minutes of the Annual General Meeting of Entra ASA
 

General meeting 2015

Annual general meeting in Entra ASA was held 29. April 2015

Notice of Annual General Meeting in Entra ASA

Minutes of the Annual General Meeting of Entra ASA

11

Committees

Nomination committee

According to Entra’s articles of association the company shall have a nomination committee composed of up to five members. The members of the nomination committee, including the chair of the nomination committee, are elected by the general meeting for a period of up to two years. The nomination committee shall give its recommendation to the general meeting regarding election of shareholder-elected members to the board of directors and members of the nomination committee, as well as remuneration to members of the board of directors and the nomination committee.

Members of the nomination committee:

John Giverholt (chairman) 
Hege Sjo
Rolf Roverud

Contact the nomination committee

Letter from the nomination committee January 2018

Letter from the nomination committee February 2018

Audit committee

The audit committee shall act as a preparatory body and support the board in the exercise of its responsibility relating to financial reporting, auditing, internal controls, compliance with ethical guidelines and overall risk management.

Members of the audit committee:

Widar Salbuvik
​Katarina Staaf

Remuneration committee

The purpose of the remuneration committee is to act as a preparatory body for the board’s consideration of compensation issues.

Members of the remuneration committee:

Siri Hatlen (chairman)
Kjell Bjorland