Statement of cash flow
Statkraft AS Group
NOK million |
|
2009 |
2008 |
|---|---|---|---|
|
|||
CASH FLOW FROM OPERATING ACTIVITIES |
|
|
|
Profit before tax |
| 12 487 | 37 820 |
Profit/loss on sale of non-current assets |
| 13 | -12 |
Depriciation, amortisation and impairments |
| 2 743 | 1 553 |
Profit from the sale of shares |
| - | -25 591 |
Share of profit from associates and joint ventures |
| -1 179 | -935 |
Unrealised changes in value |
| -3 164 | -1 180 |
Taxes |
| -3 119 | -1 775 |
Cash flow from operating activities |
| 7 781 | 9 880 |
Changes in long-term items |
| -305 | 2 159 |
Changes in short-term items** |
| 4 155 | -3 119 |
Dividend from associates |
| 1 083 | 2 579 |
Net cash flow from operating activities | A | 12 714 | 11 499 |
|
|||
CASH FLOW FROM INVESTING ACTIVITIES |
|
|
|
Investments in property, plant and equipment, maintenance |
| -1 308 | -796 |
Investments in property, plant and equipment, new capacity |
| -2 447 | -1 196 |
Proceeds from sale of non-current assets |
| 158 | 13 |
Capital reduction in associates and joint ventures |
| 1 320 | - |
Business combinations, net liquidity accruing to the Group |
| -417 | - |
Loans to third parties |
| -1 410 | -486 |
Repayment of loans |
| 161 | - |
Investments in other companies and other investments |
| -735 | -581 |
Net cash flow from investing activities | B | -4 678 | -3 046 |
|
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CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
New debt |
| 15 377 | 6 525 |
Repayment of debt |
| -9 378 | -7 551 |
Dividend and Group contribution paid |
| -10 260 | -8 396 |
Share issue to minority |
| 928 | - |
Net cash flow from financing activities | C | -3 333 | -9 422 |
Net change in cash and cash equivalents during the year | A+B+C | 4 703 | -969 |
|
|||
Currency effects on cash flows |
| -249 | 28 |
|
|||
Cash and cash equivalents 01.01 |
| 2 209 | 3 150 |
Cash and cash equivalents 31.12 |
| 6 663 | 2 209 |
|
|||
Unused committed credit lines |
| 8 054 | 8 000 |
|
|||
Unused overdraft facilities |
| 731 | 400 |