Annual report of the Royal Court for 2014
The annual report of the Royal Court for 2014 was submitted today to the Presidium of the Storting, the Ministry of Local Government and Modernisation, and the Office of the Auditor General of Norway.
The annual report provides an overview of the official programme carried out by the Royal Family and presents the Royal Court and its activities. It also contains the accounts for the Civil List, the staff of Their Royal Highnesses The Crown Prince and Crown Princess, and the “Åpent Slott” (cultural outreach activities).
The Royal Family visited 69 municipalities and all of Norway’s counties in 2014. The King and Queen carried out a State Visit to Myanmar in December, while the Crown Prince and Crown Princess paid an official visit to Vietnam in March.
The accounts for the Civil List showed a surplus of NOK 6 846 443 compared to a deficit of NOK 6 701 468 in 2013. The accounts show that a major portion of the funding allocated is used to maintain and develop the Royal Palace, the other buildings at the disposal of the Royal Family and the cultural and historical treasures that these buildings house.
The accounts for the staff of the Crown Prince and Crown Princess showed a surplus of NOK 2 607 816. This surplus has been set aside for future procurements/operating reserves.
The accounts for “Åpent Slott” (cultural outreach activities) showed a surplus of NOK 93 570. This surplus has been transferred to equity capital.
“The positive result in the 2014 accounts demonstrates that the Royal Court has employed good financial management practice through the fiscal year. The results are also a reflection of the modernisation and rationalisation processes that have been implemented. There is a need to free up additional resources for maintenance, renovation tasks and investments that have been put on hold due to financial constraints,” says Lord Chamberlain Åge B. Grutle.