Norwegian reports reporting changes

Norwegian has concluded on the accounting treatment of Norwegian Finans Holding (NOFI), resulting in a change for 2017. It will not have any impact on Norwegian’s book value of equity at 31 March 2018, as the investment in NOFI will be recognized at market value from Q1 2018, instead of the previously announced Q2 2017. In the interim report for Q4 2017, Norwegian commented that there was a dialogue between the company and Finanstilsynet regarding the accounting treatment of the investment in NOFI. In a recent meeting with Finanstilsynet, Norwegian has been informed that Finanstilsynet recommend accounting treatment for 2017