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Cash Flow

A B C D
Amounts in NOK 1 000 Note 2012 2011
CASH FLOW FROM OPERATING ACTIVITIES      
Profit / (loss) before tax   64 121 14 179
Tax paid for the period   -1 189 -1 862
Tap/gevinst ved salg av anleggsmidler   0 0
Depreciation and amortisation 15 571 523
Nedskrivning av anleggsmidler   0 0
Difference between expensed pension and paid in/out   1 278 -4 394
Nedskrivning datterselskap   0 0
Result in affiliated ship owning companies 3, 4, 5 -57 593 -40 099
Result in affiliated companies 6 -573 1
  0 0 0
Changes in other current balance sheet items   10 089 16 902
Earnings shipping co-operation partners 18 9 658 0
Financial income 7 -12 284 -10 303
Financial expenses 8 7 274 36 482
Effekt av valutakursendringer   0  
Net cash flow from operating activities   21 352 11 429
       
CASH FLOW FROM INVESTING ACTIVITIES      
Proceeds from sale / purchase of tangible fixed assets   -371 291
Payments received securities   10 999 15 198
Payments purchase of securities   -5 457  
Dividend received 7 3 049 4 671
Investment affiliated companies 6 497 -817
Payments from ship owning companies 5 53 124 16 817
Innbetalinger ved salg av andeler 0 0 0
Payments to ship owning companies 5 -30 736 -4 227
Net cash flow from investing activities   31 105 31 932
       
CASH FLOW FROM FINANCING ACTIVITIES      
Repayment of debt (short and long term)   -47 255 0
Changes in overdraft facility   564 -9 852
Purchase / sale of treasury shares 19 0 823 750
Inn-/utbetalinger av egenkapital   0 0
Utbetalinger av utbytte   0 0
Inn-/utbetalinger av konsernbidrag   0 0
Net cash flow from financing activities   -46 691 -9 852
       
Effect of exchange rate changes on cash and cash equivalents   -420 1 799
       
Net change in cash and cash equivalents   5 346 36 132
       
Cash and cash equivalents 01.01   43 626 7 494
Addition cash full consolidation IGC   13 152 0
       
Cash and cash equivalents 31.12   62 124 43 626