| Parent bank |
|
Group |
| |
First half |
|
First half |
|
| 2022 |
2022 |
2023 |
(NOKm) |
2023 |
2022 |
2022 |
| 2,494 |
1,443 |
1,843 |
Net profit |
1,701 |
1,400 |
2,785 |
| 77 |
38 |
71 |
Depreciations and write-downs on fixed assets |
63 |
58 |
117 |
| -37 |
-57 |
-73 |
Losses on loans and guarantees |
-42 |
-48 |
-7 |
| -324 |
-252 |
-360 |
Adjustments for undistributed profits of related companies |
-209 |
-139 |
-443 |
| -2,420 |
-1,035 |
741 |
Other adjustments |
773 |
-1,127 |
-2,436 |
| -210 |
136 |
2,222 |
Net cash increase from ordinary operations |
2,286 |
144 |
16 |
| -4,626 |
-3,423 |
-1,605 |
Decrease/(increase) other receivables |
-1,818 |
-3,966 |
-4,193 |
| 5,155 |
3,702 |
1,964 |
Increase/(decrease) short term debt |
2,407 |
3,814 |
5,136 |
| -3,739 |
-989 |
-3,440 |
Decrease/(increase) loans to customers |
-3,833 |
-1,664 |
-5,643 |
| -8,782 |
-7,251 |
-7,432 |
Decrease/(increase) loans credit institutions |
-7,138 |
-6,432 |
-6,959 |
| 10,672 |
12,339 |
7,956 |
Increase/(decrease) deposits to customers |
8,160 |
12,526 |
10,724 |
| 294 |
1,371 |
57 |
Increase/(decrease) debt to credit institutions |
57 |
1,478 |
-429 |
| -7,310 |
-2,131 |
149 |
Increase/(decrease) in short term investments |
149 |
-2,132 |
-7,311 |
| - |
- |
- |
Increase/(decrease) in shares held for trading |
- |
- |
1,821 |
| -8,546 |
3,754 |
-129 |
A) Net cash flow from operations |
271 |
3,769 |
-6,837 |
| - |
- |
35 |
Increase in cash and cash equivalents by merging |
35 |
- |
- |
| -71 |
-42 |
-24 |
Increase in tangible fixed assets |
-142 |
-82 |
-89 |
| -18 |
- |
- |
Proceeds from sales of property, plant and equipment |
- |
- |
276 |
| - |
- |
- |
Cash flows from losing control of subsidiaries or other businesses |
- |
- |
- |
| -5 |
-0 |
- |
Cash flows used in obtaining control of subsidiaries or other businesses |
- |
202 |
-1,815 |
| 324 |
252 |
360 |
Dividends received from investments in related companies |
360 |
252 |
324 |
| 6 |
6 |
- |
Other cash receipts from sales of interests in associates and joint ventures |
3 |
6 |
6 |
| -479 |
-92 |
-88 |
Other cash payments to acquire interests in associates and joint ventures |
-88 |
-117 |
-492 |
| 813 |
266 |
942 |
Other cash receipts from sales of equity instruments of other entities |
940 |
302 |
849 |
| -835 |
-239 |
-974 |
Other cash payments to acquire equity instruments of other entities |
-979 |
-246 |
-846 |
| -265 |
151 |
251 |
B) Net cash flow from investments |
130 |
317 |
-1,788 |
| 1,000 |
1,000 |
995 |
Increase in subordinated loan capital |
995 |
1,000 |
1,000 |
| -750 |
-684 |
-558 |
Decrease in subordinated loan capital |
-558 |
-684 |
-750 |
| -0 |
-0 |
- |
Purchase of treasury shares |
-206 |
-18 |
-21 |
| - |
- |
2 |
Proceeds from sale or issue of treasury shares |
- |
- |
- |
| -970 |
-970 |
-840 |
Dividend cleared |
-840 |
-970 |
-970 |
| - |
- |
- |
Dividends paid to non-controlling interests |
-65 |
-162 |
-162 |
| -547 |
-547 |
-474 |
Disbursed from gift fund |
-474 |
-547 |
-547 |
| - |
- |
116 |
Additional Tier 1 capital issued |
111 |
- |
- |
| 476 |
- |
-76 |
Repayments of Additional Tier 1 Capital |
-76 |
- |
476 |
| -60 |
-32 |
-58 |
Interest payments Additional Tier 1 Capital |
-60 |
-33 |
-63 |
| 16,194 |
6,720 |
2,270 |
Increase in other long term loans |
2,270 |
6,720 |
16,194 |
| -6,613 |
-4,961 |
-2,051 |
Decrease in other long term loans |
-2,051 |
-4,961 |
-6,613 |
| 8,729 |
527 |
-674 |
C) Net cash flow from financial activities |
-953 |
345 |
8,544 |
| -81 |
4,432 |
-553 |
A) + B) + C) Net changes in cash and cash equivalents |
-553 |
4,432 |
-81 |
| 1,252 |
1,252 |
1,171 |
Cash and cash equivalents at 1.1 |
1,171 |
1,252 |
1,252 |
| 1,171 |
5,684 |
619 |
Cash and cash equivalents at end of quarter |
619 |
5,684 |
1,171 |
| -81 |
4,432 |
-553 |
Net changes in cash and cash equivalents |
-553 |
4,432 |
-81 |
