Correspondence 0001193125-23-185282 from EQUINOR ASA (EQNR, STOHF) (CIK 0001140625) (EQNR)
EQUINOR ASA (EQNR, STOHF) (CIK 0001140625)
Date: July 11, 2023 · CIK: 0001140625 · Accession: 0001193125-23-185282
AI Filing Summary & Sentiment
File numbers found in text: 001-15200
Referenced dates: June 21, 2023, June 30, 2023
Letter
Via EDGAR Division of Corporation Finance Form 20-F for Fiscal Year Ended December 31, 2022 Filed March 23, 2023 Response dated June 21, 2023 File No. 001-15200
Dear Mr. Klinko,
Thank you for your letter dated June 30, 2023, setting forth comments of the staff (the “Staff”) of the U.S. Securities and Exchange Commission (the “Commission”) relating to the Form 20-F for the year ended December 31, 2022 of Equinor ASA (the “Company”) (File Number 001-15200), following review of the Company’s response letter dated June 21, 2023 (the “Response”).
To facilitate the Staff’s review of our response, we have included in this letter the caption and comment from the Staff’s comment letter in bold text and have provided our response immediately following the comment.
Form 20-F for the Fiscal Year Ended December 31, 2022
Notes to the Consolidated Financial Statements, page 67
We note your response to prior comment one explaining that you believe the methods used to compute basic and diluted earnings per share were sufficiently disclosed because the amounts utilized are available in the Statement of Income, although you agree to include in future filings “...references to notes to the financial statements where applicable information relating to basic and diluted earnings per share” can be found.
We are unable to ascertain from your response whether you have agreed to disclose the calculations of basic and diluted earnings per share as required by paragraphs (a) and (b) of IAS 33.70. We believe that you should disclose within the notes to the financial statements the details that are prescribed by this standard.
Page 1 of 2
Equinor ASA
Office address
Telephone
www.equinor.com
Registered number
Forusbeen 50
+47 51990000
4035 Stavanger, Norway
Classification: confidential
Please confirm that you will provide disclosure consistent with the table included within your response regarding the calculations of basic and diluted earnings per share.
The Company confirms that, going forward, when it presents basic and diluted earnings per share in its annual financial statements filed with the Commission, it will also provide within the notes to such financial statements disclosure consistent with the table included within the Response regarding the calculations of those amounts.
***
If you have any questions relating to this letter, please call John Horsfield-Bradbury at +44 20 7959 8491. He may also be reached by e-mail at horsfieldbradburyj@sullcrom.com.
Very truly yours,
/s/ May-Kirsti Enger
Show Raw Text
CORRESP 1 filename1.htm CORRESP July 11, 2023 Via EDGAR Mr. Joseph Klinko Staff Accountant, Office of Energy & Transportation Division of Corporation Finance U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 USA Re: Equinor ASA Form 20-F for Fiscal Year Ended December 31, 2022 Filed March 23, 2023 Response dated June 21, 2023 File No. 001-15200 Dear Mr. Klinko, Thank you for your letter dated June 30, 2023, setting forth comments of the staff (the “Staff”) of the U.S. Securities and Exchange Commission (the “Commission”) relating to the Form 20-F for the year ended December 31, 2022 of Equinor ASA (the “Company”) (File Number 001-15200), following review of the Company’s response letter dated June 21, 2023 (the “Response”). To facilitate the Staff’s review of our response, we have included in this letter the caption and comment from the Staff’s comment letter in bold text and have provided our response immediately following the comment. Form 20-F for the Fiscal Year Ended December 31, 2022 Notes to the Consolidated Financial Statements, page 67 We note your response to prior comment one explaining that you believe the methods used to compute basic and diluted earnings per share were sufficiently disclosed because the amounts utilized are available in the Statement of Income, although you agree to include in future filings “...references to notes to the financial statements where applicable information relating to basic and diluted earnings per share” can be found. We are unable to ascertain from your response whether you have agreed to disclose the calculations of basic and diluted earnings per share as required by paragraphs (a) and (b) of IAS 33.70. We believe that you should disclose within the notes to the financial statements the details that are prescribed by this standard. Page 1 of 2 Equinor ASA Office address Telephone www.equinor.com Registered number Forusbeen 50 +47 51990000 923609016 4035 Stavanger, Norway Classification: confidential Please confirm that you will provide disclosure consistent with the table included within your response regarding the calculations of basic and diluted earnings per share. The Company confirms that, going forward, when it presents basic and diluted earnings per share in its annual financial statements filed with the Commission, it will also provide within the notes to such financial statements disclosure consistent with the table included within the Response regarding the calculations of those amounts. *** If you have any questions relating to this letter, please call John Horsfield-Bradbury at +44 20 7959 8491. He may also be reached by e-mail at horsfieldbradburyj@sullcrom.com. Very truly yours, /s/ May-Kirsti Enger May-Kirsti Enger Senior Vice President, Group Accounting and Financial Compliance cc: Anders Opedal (Equinor ASA) Torgrim Reitan (Equinor ASA) John Horsfield-Bradbury (Sullivan & Cromwell LLP) Page 2 of 2 Equinor ASA Registered number 923609016 Office address Forusbeen 50 4035 Stavanger, Norway Telephone +47 51990000 www.equinor.com :