Asset Buyout Partners Annual Report 2020

Note 12 Interest bearing debt and interest rate derivatives Figures in NOK 2020 2019 Total interest bearing debt, nominal value 4 296 330 866 4 517 184 099 Nominal value of interest rate derivatives at year end 2 832 612 505 2 623 095 837 Nominal value of swaps as share of total debt 66 % 58 % Average interest rate, including margin (%) 3,49 % 3,86 % Average remaining duration, borrowings (years) 3,0 4,0 Average remaining duration, interest rate swaps (years) 3,7 4,5 Total interest bearing debt, nominal value 4 296 330 866 4 517 184 099 Capitalized finance fee -41 817 942 -55 123 551 Total book value interest bearing debt 4 254 512 924 4 462 060 548 Interest bearing long-term debt 3 969 161 215 4 108 060 548 Interest bearing short-term debt 285 351 709 354 000 000 Total book value interest bearing debt 4 254 512 924 4 462 060 548 Maturity on interest bearing debt Maturity within 1 year 1) 285 351 709 354 000 000 Maturity within 2 years 182 712 587 154 000 000 Maturity within 3-5 years 3 828 266 570 4 009 184 099 Maturity above 5 years - - Total 4 296 330 866 4 517 184 099 1) Short-term debt consists of bank debt with maturity within twelve months, revolving credit facility and overdraft. Composition of interest bearing debt Figures in NOK 2020 2019 Bank loans 4 139 250 000 4 293 250 000 Revolving credit facility 120 000 000 200 000 000 Overdraft facility 11 351 709 - Seller credits 25 729 157 23 934 099 Total 4 296 330 866 4 517 184 099 Available undrawn facilities NOK at year end in current year 2020 2019 Capex facility 200 000 000 200 000 000 Revolving credit facility 100 000 000 20 000 000 Overdraft facility 68 648 291 80 000 000 Total 368 648 291 300 000 000 Asset Buyout Partners | Annual Report 2020 35