Sparebanken Norge Cash Flow Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-	10,349	8,953	-	-	-
Other Adjustments	9,896	-8,892	-6,085	6,097	4,570	3,939
Changes in Other Operating Activities	-3,932	-3,592	-2,765	-2,309	-2,188	-1,783
Operating Cash Flow	8,321	6,948	4,427	3,789	2,381	2,156
Operating Cash Flow Growth	92.08%	56.95%	16.84%	59.14%	10.44%	23.98%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-3,411	-1,931	694	-1,985	247	319
Net Change in Loans Held-for-Investment	-34,597	-34,956	-26,367	-30,843	-19,299	-21,781
Net Change in Securities and Investments	12,622	2,766	322	-5,956	-7,807	5,334
Cash Acquisitions	1,400	4,337	-2,030	-136	-284	-12
Proceeds from Business Divestments	118	-	-	-	141	0
Capital Expenditures	-108	-237	-125	-107	-123	-93
Sale of Property, Plant & Equipment	24	22	58	6	0	5
Other Investing Activities	64	42	71	142	185	220
Investing Cash Flow	-15,571	-29,957	-27,377	-38,880	-26,914	-16,009
Net Change in Deposits	6,434	-	-	11,377	19,537	8,220
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	9,619	6,279	10,320	4,238	-4,100	-420
Long-Term Debt Issued	39,318	66,917	28,463	38,935	29,979	22,767
Long-Term Debt Repaid	-64,057	-52,972	-16,542	-17,283	-20,044	-15,690
Net Long-Term Debt Issued (Repaid)	-24,739	13,945	11,921	21,652	9,935	7,077
Common Dividends Paid	-2,356	-2,322	-2,673	-1,932	-1,028	-908
Financing Cash Flow	14,210	24,905	24,471	35,335	24,342	13,969
Net Cash Flow	296	-397	96	244	-191	117
Free Cash Flow	8,213	6,711	4,302	3,682	2,258	2,063
Free Cash Flow Growth	92.48%	56.00%	16.84%	63.07%	9.45%	29.26%
FCF Margin	63.77%	0.00%	0.00%	59.48%	43.49%	44.91%
Free Cash Flow Per Share	49.55	44.71	39.24	33.60	21.03	19.29