Komplett Bank Annual Report 2020

Note 15 Liquidity and interest rate risk The Board of Directors has established guidelines that sets the limit for maximum interest rate risk. Monitoring and reporting of liquidity and interest rate risk happens continuously according to provided instructions. Liquidity risk Different maturity for the Bank’s assets and liabilities have the potential to result in a liquidity risk for the Bank. Below is an overview of different time interval as to when the Bank’s assets and liabilities have maturity. LIQUIDITY RISK AS AT 31.12.2020 NOK million Without any term < 3 months 3 months < 1 year 1 year < 5 years 5 year < 10 years Total Assets Loans and deposits with credit institutions 1,204.2 - - - - 1,204.2 Loans to customers 5,495.1 0.0 164.5 2,839.3 - 8,498.9 Certificates and bonds 1,555.4 26.1 47.5 219.0 - 1,848.0 Other assets without specified maturity term 172.9 - - - - 172.9 Total assets 8,427.5 26.1 212.1 3,058.3 - 11,724.0 Liabilities Deposits from and debt to customers 8,374.4 12.6 497.7 110.6 - 8,995.3 Subordinated loans - 0.5 2.7 84.7 - 87.9 Other debt 0.5 17.7 207.7 - - 225.9 Total liabilities 8,374.9 30.8 708.1 195.2 - 9,309.1 Certificates and bonds, senior unsecured bons and subordinated loans includes expected interests in the liquidity overview above. LIQUIDITY RISK AS AT 31.12.2019 NOK million Without any term < 3 months 3 months < 1 year 1 year < 5 years 5 year < 10 years Total Assets Loans and deposits with credit institutions 614.7 - - - - 614.7 Loans to customers 8,394.3 7.2 18.8 89.5 0.4 8,510.2 Certificates and bonds 840.8 250.2 100.1 30.8 89.1 1,311.0 Other assets without specified maturity term 180.2 - - - - 180.2 Total assets 10,030.0 257.4 118.9 120.3 89.5 10,616.1 Liabilities Deposits from and debt to customers 7,450.3 - 663.5 422.7 - 8,536.5 Subordinated loans - - 4.5 89.6 - 94.0 Other debt - 39.0 147.5 - - 186.5 Total liabilities 7,450.3 39.0 815.5 512.3 - 8,817.0 Certificates and bonds, senior unsecured bons and subordinated loans includes expected interests in the liquidity overview above. The Bank had no financial instruments that have not been recognised in the balance sheet as at 31 December 2020 (none as at 31 December 2019). All items are in Norwegian kroner (NOK). See also the Report from the Board of Directors for further information and a discussion of the Bank’s liquidity risk. 102 Notes to the financial statements