Statement of cash flows

(Amounts in NOK 1 000 000)	1st quarter 2023	1st quarter 2022	2022
Cash flows from operating activities
Interest received	4 173	1 075	7 680
Interest paid	(3 249)	(869)	(5 568)
Fees and commissions paid	(92)	8	(131)
Net realised gains on financial assets	1	11	6
Cash payments to employees and suppliers	(67)	(57)	(233)
Income taxes paid	0	0	(525)
Net disbursement of loans to customers	(1 910)	2 388	(5 385)
Net (increase)/decrease in deposits with credit institutions	(2 155)	(15 485)	(21 209)
Net (increase)/decrease in commercial paper and bonds	6 270	22 420	5 944
Net (increase)/decrease in other assets	(4)	(10)	(5)
Net increase/(decrease) in other liabilities	(8)	(20)	(27)
Net (increase)/decrease in financial derivatives	16 121	3 811	25 528
Net cash flows from operating activities	19 079	13 270	6 079
Cash flows from investing activities
Net (purchase)/sales of property and equipment	(8)	(10)	(32)
Net cash flows from investing activities	(8)	(10)	(32)
Cash flows from financing activities
Receipts on issued commercial paper	21 765	39 902	148 633
Payments on redeemed commercial paper	(45 576)	(51 353)	(156 685)
Lease payments	(2)	0	(8)
Receipts on issued debt securities	24 459	35 629	86 995
Payments on redeemed debt securities	(19 667)	(37 109)	(84 295)
Interest Paid on additional Tier 1 capital	(13)	(6)	(74)
Dividends paid	0	0	(646)
Net cash flows from financing activities	(19 034)	(12 937)	(6 080)
Net cash flows	37	323	(33)
Effects of exchange rate changes on cash and cash equivalents	25	(13)	(24)
Net cash flows after effects of exchange rate changes	62	310	(57)
Cash and cash equivalents at 1 January	251	308	308
Net receipts of cash	62	310	(57)
Cash and cash equivalents at end of period	313	618	251
Whereof
Deposits with credit institutions without agreed time to maturity	313	618	251
Due to credit institutions without agreed time to maturity	0	0	0