| |
|
|
CASH FLOW STATEMENT
Telenor ASA 1 January–31 December
| In NOK millions |
2003 |
2002 |
2001 |
 |
| |
|
|
|
| Profit before taxes |
5,885 |
(5,276) |
10,847 |
|
| Taxes paid |
71 |
(1,303) |
(507) |
| Net (gain) loss |
- |
1,341 |
(5,158) |
| Depreciation and amortization |
55 |
39 |
6 |
| Group contribution |
(2,000) |
- |
(16,336) |
| Write-down of shares and reversal of previous
write-downs |
(3,127) |
5,893 |
11,705 |
| Currency gain not relating to operating
activities |
1,171 |
(457) |
- |
| Changes in accruals etc. |
(3,272) |
(63) |
(51) |
| Net cash flow from operating activities |
(1,217) |
174 |
506 |
|
| |
|
|
|
| Purchase of tangible and intangible assets |
(82) |
(12) |
(39) |
| Cash receipts from sale of subsidiaries |
- |
16 |
5,326 |
| Cash payments on establishing new companies |
(874) |
(2,250) |
(52) |
| Cash payments on establishing receivables
on Group companies |
8,230 |
(3,754) |
(7,550) |
| Purchase of other investments |
(6) |
(753) |
(93) |
| Net cash flow from investment activities |
7,268 |
(6,753) |
(2,408) |
|
| |
|
|
|
| Proceeds from long-term liabilities |
- |
11,012 |
- |
| Proceeds from short-term liabilities |
- |
1,081 |
598 |
| Payments of long-term liabilities |
(3,592) |
(6,935) |
- |
| Payments of short-term liabilities |
(1,081) |
(300) |
- |
| Proceeds from issuance of shares |
- |
19 |
21 |
| Paid costs in connection with capital increase |
- |
- |
(54) |
| Payments of dividend |
(799) |
(621) |
(532) |
| Proceeds from Group contribution |
- |
5,682 |
5,485 |
| Payments of Group contribution |
- |
(3,702) |
(3,220) |
| Net cash flow from financing activities |
(5,472) |
6,236 |
2,298 |
|
| |
|
|
|
| Effect on cash and cash equivalents of
changes in foreign exchange rates |
(46) |
(53) |
- |
|
| Net change in cash and cash equivalents |
579 |
(343) |
396 |
|
| Cash and cash equivalents at 1 January |
- |
396 |
- |
| Cash and cash equivalents at 31 December |
533 |
- |
396 |
|
|
