Asset Buyout Partners Annual Report 2019

Note 18 Financial income and expenses Financial income Figures in NOK 2019 2018 Interest income 881 282 634 872 Total financial income 881 282 634 872 Financial expenses Figures in NOK 2019 2018 Interests on borrowings measured at amortized cost 178 098 595 122 333 762 Amortized and expensed transaction cost (fees) 15 846 882 18 336 968 Financial expense on derivatives 5 100 030 9 475 913 Interest expenses on lease liabilities (Note 21) 1 885 917 - Other financial expenses 1 035 551 391 521 Total financial expenses 201 966 976 150 538 164 Fair value adjustments financial derivatives (gain /-loss) 6 672 515 -14 455 134 Net financial items (expenses /-income) 194 413 179 164 358 426 Reconciliation between expense and cash flows Figures in NOK 2019 2018 Total financial expenses 201 966 976 150 538 164 Interest received -881 282 -634 872 Net expensed interest and fees on loan 201 085 694 149 903 292 Change in amortization items -7 488 210 54 132 159 Change in accrued interest -22 542 150 -6 022 038 Net paid interest and fees (cash flow statement) 171 055 335 198 013 413 Asset Buyout Partners | Annual Report 2019 40