NOTE 14 – RECEIVABLES

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NOTE 14 – RECEIVABLES
         
Debtors consist mainly of receivables from shipping partnerships. None of the receivables is falling due more than one year after the end of the fiscal year.
         
Solvang ASA has long term debt towards subsidiaries in total of NOK 71,6 mill. The total debt is falling due within 5 years.
         
As Solvang Shipping AS was terminated early 2015, the debt has been reclassified to current liabilities and will be offset against liquidation dividend in connection with the termination.
         
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