Cash flow statement

Parent bank   Group
2016 2017 (NOK million) 2017 2016
1,689 1,850 Net profit 1,828 1,681
34 50 Depreciations and write-downs on fixed assets 102 98
502 323 Losses on loans and guarantees 341 516
2,225 2,223 Net cash increase from ordinary operations 2,271 2,295
2,310 656 Decrease/(increase) other receivables 480 2,234
-1,586 -455 Increase/(decrease) short term debt -339 -1,601
-7,405 -8,593 Decrease/(increase) loans to customers -9,946 -8,454
-2,318 -1,340 Decrease/(increase) loans credit institutions -322 -1,485
3,299 8,972 Increase/(decrease) deposits to customers 9,308 3,078
2,144 -1,252 Increase/(decrease) debt to credit institutions -902 2,354
-1,885 -2,259 Increase/(decrease) in short term investments -2,179 -1,805
-3,215 -2,047 A) Net cash flow from operations -1,629 -3,384
-26 -100 Increase in tangible fixed assets 383 -52
- 5 Reductions in tangible fixed assets 5 -
-223 -145 Paid-up capital, associated companies -685 33
36 94 Net investments in long-term shares and partnerships -249 -67
-213 -146 B) Net cash flow from investments -546 -86
-324 -27 Increase/(decrease) in subordinated loan capital -27 -281
0 0 Increase/(decrease) in equity -21 -
-292 -390 Dividend cleared -390 -292
-40 -220 To be disbursed from gift fund -220 -40
-34 -33 Paid interest hybrid capital -33 -34
1,162 5,860 Increase/(decrease) in other long term loans 5,862 1,162
473 5,191 C) Net cash flow from financial activities 5,173 515
-2,955 2,998 A) + B) + C) Net changes in cash and cash equivalents 2,998 -2,955
3,270 315 Cash and cash equivalents at 1.1 315 3,270
315 3,313 Cash and cash equivalents at end of the year 3,313 315
-2,955 2,998 Net changes in cash and cash equivalents 2,998 -2,955

Annual report and notes

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