Komplett Bank annual report 2019

Statement of cash flow for the period Amounts in NOK million Note 2019 2018 Cash flow from operating activities Profit after tax 202.9 331.1 Tax expenses 13 76.7 112.0 Taxes paid 13 -107.2 -82.7 Depreciation 5 54.9 28.7 Change in impairments on loans to customers 2 338.5 179.0 Change in loans to customers 2 -989.9 -2,720.1 Effects of currency on loans to customers in the period 1 -18.4 66.4 Change in deposits from and debt to customers 7 1,153.9 3,035.2 Effects of currency on deposits from and debt to customers in the period -46.9 - Purchase of certificates and bonds 4 -1,688.9 -669.7 Sale of certificates and bonds 4 795.5 614.9 Change in accruals 31.6 34.3 Net cash flow from operating activities -197.2 929.1 Cash flow from investing activities Investments in fixed assets 5 -0.6 -1.1 Investments in intangible assets 5 -98.6 -67.5 Net cash flow used in investing activities -99.2 -68.6 Cash flow from financing activities Paid-in equity 6 26.2 1.3 Payment of senior unsecured bond 7 -400.0 - Payment to Tier 1 capital investors -3.8 -3.7 Net cash flow from financing activities -377.6 -2.3 Net cash flow for the period -674.0 858.1 Cash and cash equivalents at the start of the period 3 1,232.4 442.3 Effects of currency on loans and deposits with credit institutions in the period 1 56.3 -68.0 Cash and cash equivalents at the end of the period 3 614.7 1,232.4 38 Financial statements