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EXHIBIT 3 (continued) Liabilities and Shareholders' Equity Short-term debt Accounts payable Accounts payableRelated parties Accrued liabilities Income taxes payable Total current liabilities Long-term debt

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EXHIBIT 3 (continued) Liabilities and Shareholders' Equity Short-term debt Accounts payable Accounts payableRelated parties Accrued liabilities Income taxes payable Total current liabilities Long-term debt Deferred income taxes Other liabilities Total Liabilities Minority interest Common stock (NOK 2.50 nominal value), shares authorized and issued Treasury shares, and 23,452,876 shares Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total Shareholders' Equity Total Liabilities and Shareholders' Equity 2005 1 ,529 23,262 9,766 13,145 29,750 77,452 32,669 43,347 27,375 180,843 1,492 5,474 (156) 37,304 65,402 (1,380) 106,644 288,979 4,730 19,282 5,621 12,385 19,117 61,135 31 ,459 44,270 24,733 161 ,597 1,616 5,474 (60) 37,273 46,153 (3,810) 85,030 248,243

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