| NOK in millions |
|
2005 |
2004 |
 |
| |
| Profit before taxes |
|
2 942 |
5 586 |
|
| Net losses |
|
425 |
- |
|
| Depreciation and amortization |
|
50 |
60 |
|
| Write-down of shares and reversal of previous write-downs |
|
61 |
(2 207) |
|
| Currency (gains) losses not relating to operating activities |
|
(159) |
70 |
|
| Changes in interest accruals against Group companies |
|
(2 921) |
(2 593) |
|
| Changes in other accruals |
|
(66) |
76 |
|
| Net cash flow from operating activities |
|
332 |
992 |
|
|
| |
| Cash receipts from sale of property, plant and equipment and intangible
assets |
|
55 |
- |
|
| Purchase of property, plant and equipment and intangible assets |
|
(184) |
(80) |
|
| Cash receipts from sale of subsidiaries |
|
404 |
- |
|
| Cash receipts from sale of other investments |
|
30 |
303 |
|
| Purchase of other investments |
|
(191) |
(882) |
|
| Net cash flow from investment activities |
|
114 |
(659) |
|
|
| |
| Proceeds from non-current liabilities |
|
2 396 |
- |
|
| Proceeds from current liabilities |
|
8 466 |
2 135 |
|
| Payments of non-current liabilities |
|
(2 464) |
(1 084) |
|
| Payments of current liabilities |
|
(1 500) |
(72) |
|
| Net change in Group internal drawing rights 1) |
|
(2 542) |
1 971 |
|
| Proceeds from issuance of shares |
|
49 |
43 |
|
| Share buy back |
|
(2 267) |
(2 020) |
|
| Payments of dividend |
|
(2 595) |
(1 764) |
|
| Net cash flow from financing activities |
|
(457) |
(791) |
|
|
| |
| Effect on cash and cash equivalents of changes in foreign exchange rates |
|
11 |
(75) |
|
| Net change in cash and cash equivalents |
|
- |
(533) |
|
| Cash and cash equivalents as of 1 January |
|
- |
533 |
|
| Cash and cash equivalents as of 31 December |
|
- |
- |
|
|
| |
| 1) Net change in Group internal drawing
rights are loans to and placements from Group companies. These loans and
placements have high turnover and are presented net. |
