Consolidated Statement of Cash Flows

NOK million	Note no.	IFRS 31 December 2023	IFRS 31 December 2022*
Cash flow from operations
Cash flow from operations		327.5	388.4
Interest paid		-104.8	-38.3
Interest received		22.9	5.9
Taxes paid		-36.5	-41.1
Net cash flow from operations		209.1	315.0
Cash flow from investment activities
Purchase of tangible fixed assets	2	-73.4	-128.0
Sale of tangible fixed assets		1.0	15.4
Purchase of intangible assets	2	-3.8	-2.5
Received dividend from associated company	12	11.7	0,0
Purchase of associated company (financial investment)	12	-87.2	-1016.3
Loans granted to related parties		0.6	-0.4
Net cash flow used for investment activities		-151.1	-1131.9
Cash flow from financing activities
Adjustment of overdraft facility		69.6	73.4
Uptake of loans		25.8	813.8
Repayment of loans		-132.9	-87.5
Dividends paid to the company's shareholders		0,0	-69.8
Loan from related parties		4.6	53.9
Net cash flow used for financing activities		-32.9	783.7
Adjustment to cash, cash equivalents		25.1	-33.2
Cash and cash equivalents as per 1 January		37.1	71.0
Effect of exchange rate gain/(loss) on cash and cash equivalents		1.0	-0.7
Cash and cash equivalents at the end of the period		63.2	37.1
This consists of:
Bank deposits and similar		47.3	19.5
Restricted bank deposits		15.9	17.6
Cash and cash equivalents at the end of the period		63.2	37.1
Unused overdraft facility/drawing rights		220.2	289.2
*2022 is adjusted

NOK million	IFRS 2023*	IFRS 2022*	IFRS 2021	IFRS 2020	IFRS 2019
Profit/loss for Q1	-122.6	98.9	54.3	26.2	31.9
Profit/loss for Q4	41.5	280.7	49.7	28.0	-7.9
Profit/loss for Q4	3.8	321.2	54.2	46.2	20.3
Profit/loss for Q4	108.6	-171.4	65.9	59.4	17.7
SUM	31.3	529.4	224.1	159.7	62.0
*Financials for 2023 og 2022 have been restated following a change in accounting of power contracts. Former years are stated as previously.

Interim Report Q4 2023People Green Innovation Technology