| Parent Bank |
|
Group |
| 2020 |
2021 |
(NOK million) |
2021 |
2020 |
| 1,356 |
2,242 |
Net profit |
2,902 |
1,978 |
| 102 |
95 |
Depreciations and write-downs on fixed assets |
186 |
166 |
| 902 |
134 |
Losses on loans and guarantees |
161 |
951 |
| -272 |
-419 |
Adjustments for undistributed profits of related companies |
-705 |
-681 |
| 1,576 |
-2,422 |
Other adjustments |
-2,574 |
1,578 |
| 3,664 |
-370 |
Net cash increase from ordinary operations |
-30 |
3,992 |
| -4,095 |
3,842 |
Decrease/(increase) other receivables |
4,400 |
-4,684 |
| 3,558 |
-2,993 |
Increase/(decrease) short term debt |
-3,174 |
3,871 |
| -8,075 |
-11,686 |
Decrease/(increase) loans to customers |
-12,920 |
-8,795 |
| -3,721 |
-288 |
Decrease/(increase) loans credit institutions |
387 |
-2,981 |
| 12,295 |
13,862 |
Increase/(decrease) deposits to customers |
13,757 |
12,611 |
| 5,045 |
-290 |
Increase/(decrease) debt to credit institutions |
-32 |
4,242 |
| -3,490 |
-4,077 |
Increase/(decrease) in short term investments |
-4,156 |
-3,491 |
| - |
- |
Increase/(decrease) in shares held for trading |
-59 |
584 |
| 5,181 |
-2,001 |
A) Net cash flow from operations |
-1,825 |
5,348 |
| -38 |
-75 |
Investments in tangible fixed assets |
-145 |
-136 |
| 0 |
60 |
Proceeds from sales of property, plant and equipment |
4 |
0 |
| 89 |
- |
Cash flows from losing control of subsidiaries or other businesses |
99 |
4 |
| -97 |
-73 |
Cash flows used in obtaining control of subsidiaries or other businesses |
- |
- |
| 272 |
419 |
Dividends received from investments in related companies |
419 |
272 |
| 20 |
548 |
Other cash receipts from sales of interests in joint ventures |
544 |
23 |
| -431 |
-204 |
Other cash payments to acquire interests in joint ventures |
-307 |
-436 |
| 370 |
672 |
Other cash receipts from sales of equity or debt instruments of other entities |
737 |
385 |
| -337 |
-766 |
Other cash payments to acquire equity or debt instruments of other entities |
-826 |
-387 |
| -152 |
581 |
B) Net cash flow from investments |
526 |
-276 |
| -295 |
0 |
Increase/(decrease) in subordinated loan capital |
0 |
-295 |
| 3 |
-0 |
Increase/(decrease) in equity |
-5 |
14 |
| -647 |
-569 |
Dividend cleared |
-569 |
-647 |
| - |
- |
Dividends paid to non-controlling interests |
-113 |
-51 |
| -364 |
-321 |
Disbursed from gift fund |
-321 |
-364 |
| - |
- |
Additional Tier 1 Capital issued |
- |
- |
| -56 |
-48 |
Interest payments additional Tier 1 capital |
-50 |
-59 |
| 8,386 |
7,867 |
Increase in other long term loans |
7,867 |
8,386 |
| -10,053 |
-7,021 |
Decrease in other long term loans |
-7,021 |
-10,053 |
| -3,026 |
-92 |
C) Net cash flow from financial activities |
-212 |
-3,069 |
| 2,003 |
-1,512 |
A) + B) + C) Net changes in cash and cash equivalents |
-1,512 |
2,003 |
| 761 |
2,764 |
Cash and cash equivalents at 1.1 |
2,764 |
761 |
| 2,764 |
1,252 |
Cash and cash equivalents at end of the year |
1,252 |
2,764 |
| 2,003 |
-1,512 |
Net changes in cash and cash equivalents |
-1,512 |
2,003 |
