Cash flow statement

Parent bank   Group
January-December   January-December
2015 2016 (NOKm) 2016 2015
1.471 1.655 Net profit 1.647 1.406
70 34 Depreciations and write-downs on fixed assets 98 104
159 502 Losses on loans and guarantees 516 169
1.700 2.191 Net cash increase from ordinary operations 2.261 1.678
224 2.310 Decrease/(increase) other receivables 2.234 -190
-782 -1.586 Increase/(decrease) short term debt -1.601 -112
-3.277 -7.405 Decrease/(increase) loans to customers -8.454 -3.472
-1.520 -2.318 Decrease/(increase) loans credit institutions -1.485 -1.118
3.889 3.299 Increase/(decrease) deposits to customers 3.078 3.410
-968 2.144 Increase/(decrease) debt to credit institutions 2.354 -968
-1.575 -1.885 Increase/(decrease) in short term investments -1.805 -1.575
-2.311 -3.249 A) Net cash flow from operations -3.418 -2.351
-61 -26 Increase in tangible fixed assets -52 -50
1 - Reductions in tangible fixed assets - 1
-821 -223 Paid-up capital, associated companies 33 -98
-6 36 Net investments in long-term shares and partnerships -67 -702
-887 -213 B) Net cash flow from investments -86 -849
93 -324 Increase/(decrease) in subordinated loan capital -281 93
-1 0 Increase/(decrease) in equity 0 -1
-292 -292 Dividend cleared -292 -292
-160 -40 To be disbursed from gift fund -40 -160
2.153 1.162 Increase/(decrease) in other long term loans 1.162 2.153
1.792 507 C) Net cash flow from financial activities 549 1.792
-1.405 -2.955 A) + B) + C) Net changes in cash and cash equivalents -2.955 -1.405
4.676 3.270 Cash and cash equivalents at 1.1 3.270 4.676
3.270 315 Cash and cash equivalents at end of quarter 315 3.270
-1.405 -2.955 Net changes in cash and cash equivalents -2.955 -1.405
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