Note 18 - Liquidity risk
Liquidity risk is the risk that the group will be unable to refinance its debt or unable to finance increases in its assets. See note 7 on risk factors for a detailed description.
| Group | |||||||||
| At 31 Dec 2018 (NOK million) | On demand | Below 3 months | 3-12 months | 1-5 yrs | Above 5 yrs | Total | |||
| Cash flows related to liabilities** | |||||||||
| Debt to credit institutions | 8,006 | 1 | 498 | 647 | 62 | 9,214 | |||
| Deposits from and debt to customers | 62,333 | 9,873 | 2,554 | 5,855 | - | 80,615 | |||
| Debt created by issuance of securities | - | 1,730 | 5,139 | 32,665 | 6,200 | 45,733 | |||
| Derivatives - contractual cash flow out | - | 1,425 | 15,209 | 27,449 | 1,154 | 45,237 | |||
| Other commitments | - | 1,619 | 621 | 162 | 8 | 2,410 | |||
| Subordinated debt *) | - | 12 | 71 | 2,127 | 255 | 2,465 | |||
| Total cash flow, liabilities | 70,339 | 14,659 | 24,092 | 68,904 | 7,679 | 185,674 | |||
| Contractual cash flows out | - | 1,425 | 15,209 | 27,449 | 1,154 | 45,237 | |||
| Contractual cash flows in | - | -2,479 | -15,110 | -26,554 | -1,294 | -45,436 | |||
| Net contractual cash flows | - | -1,054 | 99 | 895 | -140 | -200 | |||
| Group | |||||||||
| At 31 Dec 2017 (NOK million) | On demand | Below 3 months | 3-12 months | 1-5 yrs | Above 5 yrs | Total | |||
| Cash flows related to liabilities** | |||||||||
| Debt to credit institutions | 8,288 | 737 | - | 491 | 90 | 9,607 | |||
| Deposits from and debt to customers | 62,284 | 6,783 | 2,171 | 5,238 | - | 76,476 | |||
| Debt created by issuance of securities | - | 4,828 | 5,543 | 28,812 | 3,886 | 43,069 | |||
| Derivatives - contractual cash flow out | - | 4,334 | 3,139 | 29,475 | 2,607 | 39,555 | |||
| Other commitments | 2 | 1,126 | 554 | 17 | 5 | 1,804 | |||
| Subordinated debt *) | - | 6 | 726 | 1,335 | 260 | 2,327 | |||
| Total cash flow, liabilities | 70,574 | 17,814 | 12,134 | 65,467 | 6,849 | 172,838 | |||
| Contractual cash flows out | - | 4,334 | 3,139 | 29,475 | 2,607 | 39,555 | |||
| Contractual cash flows in | - | -3,597 | -2,646 | -29,587 | -2,804 | -38,633 | |||
| Net contractual cash flows | - | 737 | 494 | -112 | -197 | 922 | |||
| Does not include value adjustments for financial instruments at fair value | |||||||||
| *) For subordinated debt the call date is used for cash settlement | |||||||||
| **) Contractual cash-flows include calculated interest and the total amount therefore deviate from recognised liabilities | |||||||||
Financial results
Annual report and notes
