Reporting of Extruded Products and Sapa

The results from Extruded Products will be accounted for as discontinued operations until closing of the transaction, which took place on September 1, 2013.

Hydro’s 50% interest in Sapa will be accounted for as equity accounted investment after closing of the transaction. In the profit and loss statement, Sapa will be included with Hydro’s share of net income under “Other and eliminations”.

For Q3 2013, the implication is that Extruded Products will be included as discontinued operations in July and August, while Sapa joint-venture will be included as equity accounted investment for September.

Updated: October 11, 2016