DNV Annual Report 2009

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The means of making a difference Annual report 2009 Key figures FIGURE 01 REVENUE (MILLION NOK) FIGURE 02 OPERATING PROFIT (MILLION NOK) 10,283 1,108 FIGURE 01 REVENUE; LAST FIVE YEARS FIGURE 02 OPERATING PROFIT; LAST FIVE YEARS MNOK MNOK 10,283 10,000 8,000 6,000 4,000 2,000 0 The meansof makinga differenceAnnual repor</a> The meansof makinga differenceAnnual repor<a title="DNV Annual Report 2009 page 2" href="http://viewer.zmags.com/publication/71b51b22?page=2">Key figuresFIGURE 01REVENUE (MILLION NOK)FIGU</a> Key figuresFIGURE 01REVENUE (MILLION NOK)FIGU<a title="DNV Annual Report 2009 page 3" href="http://viewer.zmags.com/publication/71b51b22?page=3">Business areas In 2009, DNV wa</a> Business areas In 2009, DNV wa<a title="DNV Annual Report 2009 page 4" href="http://viewer.zmags.com/publication/71b51b22?page=4">Our purposeTo safeguard life, propertyand the </a> Our purposeTo safeguard life, propertyand the <a title="DNV Annual Report 2009 page 5" href="http://viewer.zmags.com/publication/71b51b22?page=5">The relevanceof managing riskCompanies and orga</a> The relevanceof managing riskCompanies and orga<a title="DNV Annual Report 2009 page 6" href="http://viewer.zmags.com/publication/71b51b22?page=6">The necessityof change A lot of my tim</a> The necessityof change A lot of my tim<a title="DNV Annual Report 2009 page 7" href="http://viewer.zmags.com/publication/71b51b22?page=7">coal- and oil-based energy production. </a> coal- and oil-based energy production. <a title="DNV Annual Report 2009 page 8" href="http://viewer.zmags.com/publication/71b51b22?page=8">IndenpendentBusiness UnitsBusiness AssuranceI</a> IndenpendentBusiness UnitsBusiness AssuranceI<a title="DNV Annual Report 2009 page 9" href="http://viewer.zmags.com/publication/71b51b22?page=9">Henrik O. MadsenCEOAppointed CEO of DNVin 20</a> Henrik O. MadsenCEOAppointed CEO of DNVin 20<a title="DNV Annual Report 2009 page 10" href="http://viewer.zmags.com/publication/71b51b22?page=10">The impactof 365 daysIn a year where the globa</a> The impactof 365 daysIn a year where the globa<a title="DNV Annual Report 2009 page 11" href="http://viewer.zmags.com/publication/71b51b22?page=11">In addition to the ﬁnancial reporting,DNV is als</a> In addition to the ﬁnancial reporting,DNV is als<a title="DNV Annual Report 2009 page 12" href="http://viewer.zmags.com/publication/71b51b22?page=12">FINANCIAL PERFORMANCEDespite the difﬁculties in </a> FINANCIAL PERFORMANCEDespite the difﬁculties in <a title="DNV Annual Report 2009 page 13" href="http://viewer.zmags.com/publication/71b51b22?page=13">5 </a> 5 <a title="DNV Annual Report 2009 page 14" href="http://viewer.zmags.com/publication/71b51b22?page=14">Our meansof makinga differencein whatwe deliv</a> Our meansof makinga differencein whatwe deliv<a title="DNV Annual Report 2009 page 15" href="http://viewer.zmags.com/publication/71b51b22?page=15">life propertysafeguardi</a> life propertysafeguardi<a title="DNV Annual Report 2009 page 16" href="http://viewer.zmags.com/publication/71b51b22?page=16">The potentialof 30%intough timesWhen hardship </a> The potentialof 30%intough timesWhen hardship <a title="DNV Annual Report 2009 page 17" href="http://viewer.zmags.com/publication/71b51b22?page=17">Some of these vessels will most likely be ope-ra</a> Some of these vessels will most likely be ope-ra<a title="DNV Annual Report 2009 page 18" href="http://viewer.zmags.com/publication/71b51b22?page=18">The powerof 9 metresper secondAlthough the glo</a> The powerof 9 metresper secondAlthough the glo<a title="DNV Annual Report 2009 page 19" href="http://viewer.zmags.com/publication/71b51b22?page=19">CLEANER SOLUTIONS. LNG has been oneof our strate</a> CLEANER SOLUTIONS. LNG has been oneof our strate<a title="DNV Annual Report 2009 page 20" href="http://viewer.zmags.com/publication/71b51b22?page=20">The threatof two for oneA sustainable approach</a> The threatof two for oneA sustainable approach<a title="DNV Annual Report 2009 page 21" href="http://viewer.zmags.com/publication/71b51b22?page=21">The standard focuses speciﬁcally on qualityand v</a> The standard focuses speciﬁcally on qualityand v<a title="DNV Annual Report 2009 page 22" href="http://viewer.zmags.com/publication/71b51b22?page=22">The importanceof 2ºCelsiusKeeping the expected</a> The importanceof 2ºCelsiusKeeping the expected<a title="DNV Annual Report 2009 page 23" href="http://viewer.zmags.com/publication/71b51b22?page=23">range of environmental, social and businessethic</a> range of environmental, social and businessethic<a title="DNV Annual Report 2009 page 24" href="http://viewer.zmags.com/publication/71b51b22?page=24">The knowledgeof 100 expertsOur core philosophy</a> The knowledgeof 100 expertsOur core philosophy<a title="DNV Annual Report 2009 page 25" href="http://viewer.zmags.com/publication/71b51b22?page=25">Several new notations have been introducedas wel</a> Several new notations have been introducedas wel<a title="DNV Annual Report 2009 page 26" href="http://viewer.zmags.com/publication/71b51b22?page=26"> </a> <a title="DNV Annual Report 2009 page 27" href="http://viewer.zmags.com/publication/71b51b22?page=27">SPEED REDUCTION3(PORT EFFICIENCY)</a> SPEED REDUCTION3(PORT EFFICIENCY)<a title="DNV Annual Report 2009 page 28" href="http://viewer.zmags.com/publication/71b51b22?page=28">Our meansof makinga differenceinhowwe work</a> Our meansof makinga differenceinhowwe work<a title="DNV Annual Report 2009 page 29" href="http://viewer.zmags.com/publication/71b51b22?page=29">social economicsustainabil</a> social economicsustainabil<a title="DNV Annual Report 2009 page 30" href="http://viewer.zmags.com/publication/71b51b22?page=30">The value ofcommitmentCorporate Responsibility</a> The value ofcommitmentCorporate Responsibility<a title="DNV Annual Report 2009 page 31" href="http://viewer.zmags.com/publication/71b51b22?page=31">SUPPORT OF UN GLOBAL COMPACT PRINCIPLESDNV is </a> SUPPORT OF UN GLOBAL COMPACT PRINCIPLESDNV is <a title="DNV Annual Report 2009 page 32" href="http://viewer.zmags.com/publication/71b51b22?page=32">The engagementof competentpeople2009 has been </a> The engagementof competentpeople2009 has been <a title="DNV Annual Report 2009 page 33" href="http://viewer.zmags.com/publication/71b51b22?page=33">FIGURE 01EMPLOYEES, LEVEL OF EDUCATIONFIGURE 03</a> FIGURE 01EMPLOYEES, LEVEL OF EDUCATIONFIGURE 03<a title="DNV Annual Report 2009 page 34" href="http://viewer.zmags.com/publication/71b51b22?page=34">The nature ofthinking greenIn complying with t</a> The nature ofthinking greenIn complying with t<a title="DNV Annual Report 2009 page 35" href="http://viewer.zmags.com/publication/71b51b22?page=35">Greenhouse gas protocol. Due to the lackof regio</a> Greenhouse gas protocol. Due to the lackof regio<a title="DNV Annual Report 2009 page 36" href="http://viewer.zmags.com/publication/71b51b22?page=36">storage and waste handling to support envi-ronme</a> storage and waste handling to support envi-ronme<a title="DNV Annual Report 2009 page 37" href="http://viewer.zmags.com/publication/71b51b22?page=37">The measuresof staying safeOur surveyors, insp</a> The measuresof staying safeOur surveyors, insp<a title="DNV Annual Report 2009 page 38" href="http://viewer.zmags.com/publication/71b51b22?page=38">TABLE 04SAFETY AND HEALTH INCIDENTS STATISTICS (</a> TABLE 04SAFETY AND HEALTH INCIDENTS STATISTICS (<a title="DNV Annual Report 2009 page 39" href="http://viewer.zmags.com/publication/71b51b22?page=39">FIGURE 10ACCIDENTS DISTRIBUTEDON WORK PROCESSES</a> FIGURE 10ACCIDENTS DISTRIBUTEDON WORK PROCESSES<a title="DNV Annual Report 2009 page 40" href="http://viewer.zmags.com/publication/71b51b22?page=40">Our meansof makinga differenceinhow wemanage </a> Our meansof makinga differenceinhow wemanage <a title="DNV Annual Report 2009 page 41" href="http://viewer.zmags.com/publication/71b51b22?page=41">social economicsustainabil</a> social economicsustainabil<a title="DNV Annual Report 2009 page 42" href="http://viewer.zmags.com/publication/71b51b22?page=42">Key figuresAMOUNTS IN NOK MILLION2009 </a> Key figuresAMOUNTS IN NOK MILLION2009 <a title="DNV Annual Report 2009 page 43" href="http://viewer.zmags.com/publication/71b51b22?page=43">Income statement </a> Income statement <a title="DNV Annual Report 2009 page 44" href="http://viewer.zmags.com/publication/71b51b22?page=44">Balance sheet </a> Balance sheet <a title="DNV Annual Report 2009 page 45" href="http://viewer.zmags.com/publication/71b51b22?page=45"> </a> <a title="DNV Annual Report 2009 page 46" href="http://viewer.zmags.com/publication/71b51b22?page=46">Cash flow statement </a> Cash flow statement <a title="DNV Annual Report 2009 page 47" href="http://viewer.zmags.com/publication/71b51b22?page=47">NotesALL AMOUNTS IN NOK MILLION01 </a> NotesALL AMOUNTS IN NOK MILLION01 <a title="DNV Annual Report 2009 page 48" href="http://viewer.zmags.com/publication/71b51b22?page=48">NOTESREVENUE RECOGNITION AND WORK IN PROG</a> NOTESREVENUE RECOGNITION AND WORK IN PROG<a title="DNV Annual Report 2009 page 49" href="http://viewer.zmags.com/publication/71b51b22?page=49">TAX. The tax expense in the income statement incl</a> TAX. The tax expense in the income statement incl<a title="DNV Annual Report 2009 page 50" href="http://viewer.zmags.com/publication/71b51b22?page=50">NOTES04 </a> NOTES04 <a title="DNV Annual Report 2009 page 51" href="http://viewer.zmags.com/publication/71b51b22?page=51">LOANS AT 31 DEC. 2009: </a> LOANS AT 31 DEC. 2009: <a title="DNV Annual Report 2009 page 52" href="http://viewer.zmags.com/publication/71b51b22?page=52">NOTESMARKET VALUE OF PLAN ASSETS IN NOR</a> NOTESMARKET VALUE OF PLAN ASSETS IN NOR<a title="DNV Annual Report 2009 page 53" href="http://viewer.zmags.com/publication/71b51b22?page=53">08 </a> 08 <a title="DNV Annual Report 2009 page 54" href="http://viewer.zmags.com/publication/71b51b22?page=54">NOTES11 </a> NOTES11 <a title="DNV Annual Report 2009 page 55" href="http://viewer.zmags.com/publication/71b51b22?page=55">13 </a> 13 <a title="DNV Annual Report 2009 page 56" href="http://viewer.zmags.com/publication/71b51b22?page=56">NOTES16 </a> NOTES16 <a title="DNV Annual Report 2009 page 57" href="http://viewer.zmags.com/publication/71b51b22?page=57">19 </a> 19 <a title="DNV Annual Report 2009 page 58" href="http://viewer.zmags.com/publication/71b51b22?page=58">Auditor's reportTO T</a> Auditor's reportTO T<a title="DNV Annual Report 2009 page 59" href="http://viewer.zmags.com/publication/71b51b22?page=59">GRI content indexSCO</a> GRI content indexSCO<a title="DNV Annual Report 2009 page 60" href="http://viewer.zmags.com/publication/71b51b22?page=60">GRI CONTENT INDEXSTRATEGY AND PROFILE </a> GRI CONTENT INDEXSTRATEGY AND PROFILE <a title="DNV Annual Report 2009 page 61" href="http://viewer.zmags.com/publication/71b51b22?page=61">SOCIAL </a> SOCIAL <a title="DNV Annual Report 2009 page 62" href="http://viewer.zmags.com/publication/71b51b22?page=62">Worldwide presenceOne of th</a> Worldwide presenceOne of th<a title="DNV Annual Report 2009 page 63" href="http://viewer.zmags.com/publication/71b51b22?page=63">This report is printed on paper whichis PEFC cer</a> This report is printed on paper whichis PEFC cer<a title="DNV Annual Report 2009 page 64" href="http://viewer.zmags.com/publication/71b51b22?page=64">Det Norske Veritas ASCorporate CommunicationsNO</a> Det Norske Veritas ASCorporate CommunicationsNO