Cashflow Statement

Figures in 1000s of NOK
Cash flows from operationsNote20212020
Profit before tax5 822 952-121 772
Taxes paid-7655-6 389
Ordinary depreciation82 7672 331
Gain/loss (-) on sales-4 794 267181 251
Reversal of write-down (-) / Write-down investment projects390 365496 105
Differences in pension costs and receipts/disbursements, pension plan1211 834
Effect of exchange rate changes-220 016157 828
Investments in tangible fixed assets8-2 456-2 179
Change in other accruals9-3 299 321197 604
Disbursements of grant capital13-29 393-22 758
Net cash flow from operations-2 136 904883 856
Cash flows from investment activities
Proceeds of sales/reflows from shares/holdings recorded at historical cost12 160 721122 032
Disbursements in connection with acquisition of shares/interests in other enterprises-3 098 611-1 957 019
Disbursements of investment loans-1 389 654-1 785 976
Receipts – repayment of principal, investment loans1 207 133941 407
Changes current investments11-7 112 074-1 141
Net cash flow from investments1 767 515-2 680 697
Cash flows from financing activities
Receipt of grant resources carried as current liabilities1332 00050 000
Increase in/repayment of equity121 678 1521 820 000
Net cash flow from financing activities1 710 1521 870 000
Net change in cash and cash equivalents1 340 76273 159
Bank deposits, cash and cash equivalents at 01.012 897 2032 824 044
Bank deposits, cash and cash equivalents at 31.12114 237 9652 897 203