Note 16 - 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 6 on risk factors for a detailed description.
| Group | |||||||||
| At 31 Dec 2023 (NOKm) | On demand | Below 3 months | 3-12 months | 1 - 5 yrs | Above 5 yrs | Total | |||
| Cash flows related to liabilities 2) | |||||||||
| Deposits from credit institutions | 10,399 | 90 | 344 | 1,938 | 20 | 12,792 | |||
| Deposits from and debt to customers | 89,914 | 23,961 | 10,120 | 8,894 | - | 132,888 | |||
| Debt created by issue of securities | - | 3,164 | 2,513 | 44,528 | 1,295 | 51,499 | |||
| Derivatives - contractual cash flow out | - | 1,130 | 4,101 | 26,309 | 1,397 | 32,937 | |||
| Other liabilities | - | 1,004 | 1,207 | 551 | 269 | 3,031 | |||
| Subordinated loan capital 1) | - | 38 | 505 | 2,180 | - | 2,723 | |||
| Total cash flow, liabilities | 100,313 | 29,386 | 18,790 | 84,401 | 2,981 | 235,871 | |||
| Derivatives net cash flows | |||||||||
| Contractual cash flows out | - | 1,130 | 4,101 | 26,309 | 1,397 | 32,937 | |||
| Contractual cash flows in | - | -805 | -3,331 | -24,630 | -1,360 | -30,126 | |||
| Net contractual cash flows | - | 325 | 770 | 1,679 | 37 | 2,811 | |||
| Group | |||||||||
| At 31 Dec 2022 (NOKm) | On demand | Below 3 months | 3-12 months | 1 - 5 yrs | Above 5 yrs | Total | |||
| Cash flows related to liabilities 2) | |||||||||
| Debt to credit institutions | 11,180 | 1,194 | 161 | 2,125 | 26 | 14,685 | |||
| Deposits from and debt to customers | 89,936 | 19,376 | 7,480 | 5,217 | - | 122,010 | |||
| Debt created by issuance of securities | - | 951 | 8,442 | 41,837 | 1,746 | 52,977 | |||
| Derivatives - contractual cash flow out | - | 798 | 8,532 | 26,947 | 1,655 | 37,932 | |||
| Other liabilities | - | 1,361 | 787 | 386 | 258 | 2,792 | |||
| Subordinated loan capital 1) | - | 16 | 824 | 1,459 | - | 2,299 | |||
| Total cash flow, liabilities | 101,116 | 23,696 | 26,226 | 77,972 | 3,684 | 232,694 | |||
| Derivatives net cash flows | |||||||||
| Contractual cash flows out | - | 798 | 8,532 | 26,947 | 1,655 | 37,932 | |||
| Contractual cash flows in | - | -622 | -8,176 | -25,412 | -1,633 | -35,843 | |||
| Net contractual cash flows | - | 176 | 356 | 1,535 | 21 | 2,089 | |||
| Does not include value adjustments for financial instruments at fair value |
|||||||||
Financial results
Annual report and notes
