Asset Buyout Partners Annual Report 2020

Note 18 Financial income and expenses Financial income Figures in NOK 2020 2019 Interest income 386 963 881 282 Total financial income 386 963 881 282 Financial expenses Figures in NOK 2020 2019 Interests on borrowings measured at amortized cost 160 597 811 178 098 595 Amortized and expensed finance fee 15 581 213 15 846 882 Financial expense on derivatives 26 798 020 5 100 030 Interest expenses on lease liabilities (Note 21) 1 881 662 1 885 917 Other financial expenses 1 324 710 1 035 551 Total financial expenses 206 183 418 201 966 976 Fair value adjustments financial derivatives (gain /-loss) -114 479 067 6 672 515 Net financial items (expenses /-income) 320 275 522 194 413 179 Reconciliation between expense and cash flows Figures in NOK 2020 2019 Total financial expenses 206 183 418 201 966 976 Interest received -386 963 -881 282 Net expensed interest and fees on loan 205 796 455 201 085 694 Change in amortization items -18 086 238 -7 488 210 Change in accrued interest 1 083 730 -22 542 150 Net paid interest and fees (cash flow statement) 188 793 948 171 055 335 Asset Buyout Partners | Annual Report 2020 40