Sensitivities
Indicative price and currency sensitivities 2008
|
NOK million |
Income |
Net income |
Change |
| Aluminium price per tonne |
750 |
570 |
1 USD |
| |
| USD before financial items |
380 |
270 |
0.1 NOK |
| USD financial items |
(260) |
(190) |
0.1 NOK |
| USD net income |
120 |
80 |
0.1 NOK |
- Based on expected business volumes for 2009 and the following prices: Aluminium 2,700 USD/tonne and NOK/USD 5.50
- LME sensitivity excludes unrealized effects related to operational hedging
- USD sensitivity includes both USD revenues and USD costs
- Total USD sensitivity for financial items is based on actual financial positions June 30, 2008
