| |
|
|
consolidated CASH FLOW STATEMENT
Telenor Group 1 January–31 December
| In NOK millions |
2003 |
2002 |
2001 |
 |
| |
|
|
|
| Proceeds from sale of goods and services |
53,208 |
50,480 |
39,771 |
| Payments to suppliers of goods and services
and of other operating expenses |
(25,714) |
(25,056) |
(22,234) |
| Payments to employees, pensions, social
security tax, tax deductions |
(9,400) |
(9,643) |
(9,186) |
| Interest etc. received |
1,318 |
796 |
739 |
| Interest etc. paid |
(2,494) |
(1,629) |
(1,405) |
| Other proceeds and payments related to
operating activities |
(131) |
(142) |
366 |
| Payment of taxes and public duties |
(3,111) |
(1,948) |
(1,058) |
| Net cash flow from operating activities
1) |
13,676 |
12,858 |
6,993 |
|
|
| |
|
|
|
| Proceeds from sale of tangible and intangible
assets |
523 |
210 |
1,413 |
| Purchase of tangible and intangible assets |
(6,536) |
(9,098) |
(11,558) |
| Cash receipts from sale of subsidiaries
and associated companies, net of cash transferred |
2,327 |
191 |
37,919 |
| Cash payments on purchase of subsidiaries
and associated companies, net of cash received |
(506) |
(12,232) |
(6,125) |
| Proceeds from sale of other investments |
1,072 |
271 |
314 |
| Payments for other investments |
(334) |
(1,069) |
(1,072) |
| Net cash flow from investment activities |
(3,454) |
(21,727) |
20,891 |
|
|
| |
|
|
|
| Proceeds from long-term liabilities |
779 |
19,567 |
4,199 |
| Proceeds from short-term liabilities |
311 |
184 |
442 |
| Payments on long-term liabilities |
(4,990) |
(10,140) |
(28,103) |
| Payments on short-term liabilities |
(3,122) |
(549) |
(482) |
| Proceeds from issuance of shares to minorities
in subsidiaries |
32 |
181 |
89 |
| Proceeds from issuance of shares |
- |
19 |
21 |
| Purchase of own shares from and dividend
paid to minorities in subsidiaries |
(7) |
- |
- |
| Payment of dividends |
(890) |
(621) |
(532) |
| Net cash flow from financing activities |
(7,887) |
8,641 |
(24,366) |
|
| |
|
|
|
| Effect on cash and cash equivalents of
changes in foreign exchange rates |
45 |
(347) |
15 |
| Net change in cash and cash equivalents |
2,380 |
(575) |
3,533 |
|
| Cash and cash equivalents at 1 January |
5,264 |
5,839 |
2,306 |
| Cash and cash equivalents at 31 December |
7,644 |
5,264 |
5,839 |
|
|
| |
|
|
|
| Reconciliation 1) |
|
|
|
| Net income (loss) |
4,560 |
(4,298) |
7,079 |
| Minority interests |
490 |
(358) |
(721) |
| Taxes |
2,376 |
(480) |
3,897 |
| Profit before taxes and minority interests |
7,426 |
(5,136) |
10,255 |
|
| Income taxes paid |
(3,283) |
(2,050) |
(1,173) |
| Net (gain) loss including write-downs of
financial items |
(76) |
778 |
(5,115) |
| Depreciation, amortization and write-downs |
10,742 |
13,789 |
11,073 |
| Associated companies |
(1,231) |
2,450 |
(8,237) |
| Changes in inventories |
3 |
(39) |
32 |
| Changes in accounts receivable and prepayments
from customers |
1,017 |
1,593 |
(368) |
| Changes in accounts payable and prepaid
expenses |
119 |
126 |
(436) |
| Difference between expensed and paid pensions |
134 |
359 |
(106) |
| Currency (gains) losses not relating to
operating activities |
(78) |
391 |
367 |
| Change in other accruals |
(1,097) |
597 |
701 |
| Net cash flow from operating activities |
13,676 |
12,858 |
6,993 |
|
|
|
|
