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Investor Presentaiton

Income statements NOK million Q4 2022 Hydro Q4 2021 Q3 2022 Year 2022 Year 2021 Revenue Share of the profit (loss) in equity accounted investments Other income, net Total revenue and income Raw material and energy expense Employee benefit expense 44 075 131 1 051 46 433 473 52 445 426 207 929 149 654 1 337 1 340 942 2 036 4 406 2 219 45 256 47 848 54 908 213 672 153 212 28 857 24 804 34 325 129 373 88 843 5 931 5 145 5 458 22 886 20 287 Depreciation and amortization expense 2 270 2117 2 136 8 593 7 844 Impairment of non-current assets 286 294 49 336 Other expenses 6 507 5 402 5 269 21 769 437 17 914 Earnings before financial items and tax (EBIT) 1 405 10 086 7 670 30 715 17 887 Interest and other finance income 268 104 181 619 Foreign currency exchange gain (loss) 356 823 572 2 192 Interest and other finance expense Income (loss) before tax Income taxes Income (loss) from continuing operations Income (loss) from discontinued operations Net income (loss) Net income (loss) attributable to non-controlling interests Net income (loss) attributable to Hydro shareholders Earnings per share from continuing operations (353) (283) (257) (1 161) 263 1 404 (1156) 1 676 10 730 8 166 32 365 18 397 (1 519) (2 205) (1 489) (7 984) (4 467) 158 8 525 6 676 24 381 36 4 36 194 8 529 6 676 24 417 13 930 12 13 942 (93) 1 404 (175) 263 1 782 287 7 125 6 851 24 154 12 160 0.12 3.47 3.34 11.76 5.92 Earnings per share from discontinued operations 0.02 0.00 0.02 0.01 Earnings per share attributable to Hydro shareholders 0.14 3.47 3.34 11.78 5.93 NOK million Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Year 2020 Year 2021 Year 2022 Income (loss) from continuing operations (1 743) (1 487) (111) 7 226 1 880 2 397 1 127 8 525 6 411 11 136 6 676 158 3 886 13 930 24 381 Net income (loss) (2 025) (1 471) (221) 5 377 1 500 2 805 1 108 8 529 6 411 11 136 6 676 194 1660 13 942 24 417 Adjusted net income (loss) from continuing operations Earnings per share from continuing operations 834 318 607 1 089 2 448 3 150 3 498 5 810 6 785 7 731 6 258 2 371 2 848 14 905 23 145 (0.75) (0.62) (0.05) 3.40 0.89 1.06 0.50 3.47 2.80 5.49 3.34 0.12 1.99 5.92 11.76 Earnings per share attributable to Hydro shareholders (0.88) (0.61) (0.11) 2.50 0.70 1.26 0.49 3.47 2.80 5.49 3.34 0.14 0.90 5.93 11.78 Adjusted earnings per share from continuing operations 0.39 0.17 0.28 0.47 1.15 1.45 1.60 2.57 3.17 3.63 2.91 0.99 1.32 6.77 10.70
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