Kommunalbanken AS Cash Flow Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	1,474	1,432	-60	1,208
Depreciation & Amortization	-	48	43	38	29
Change in Other Net Operating Assets	-14,652	24,689	15,022	10,237	3,290
Other Operating Activities	-1,631	-14,427	-24,933	-4,136	-5,644
Operating Cash Flow	-16,283	11,784	-8,436	6,079	-1,117
Capital Expenditures	-40	-45	-34	-32	-21
Investing Cash Flow	-40	-45	-34	-32	-21
Short-Term Debt Issued	84,610	132,316	152,355	148,633	273,232
Long-Term Debt Issued	128,049	91,909	76,935	86,995	96,551
Total Debt Issued	212,659	224,225	229,290	235,628	369,783
Short-Term Debt Repaid	-104,386	-148,789	-134,845	-156,685	-262,037
Long-Term Debt Repaid	-91,074	-86,509	-85,798	-84,303	-106,482
Total Debt Repaid	-195,460	-235,298	-220,643	-240,988	-368,519
Net Debt Issued (Repaid)	17,199	-11,073	8,647	-5,360	1,264
Common Dividends Paid	-861	-862	-101	-720	-60
Other Financing Activities	-1	-	-	-	1
Financing Cash Flow	16,337	-11,935	8,546	-6,080	1,205
Foreign Exchange Rate Adjustments	-4	83	29	-24	51
Net Cash Flow	10	-113	105	-57	118
Free Cash Flow	-16,323	11,739	-8,470	6,047	-1,138
Free Cash Flow Margin	-550.89%	485.08%	-364.14%	2711.66%	-57.53%
Free Cash Flow Per Share	-4190.76	3013.86	-2174.58	1552.65	-292.20
Cash Interest Paid	-	23,392	19,068	5,568	1,894
Cash Income Tax Paid	-	-	-	525	920

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.