Annual accounts

Balance

Amounts in NOK millions	Note	2020	2019
ASSETS
Non-current assets
Intangible assets
Intangible assets	5	31	49
Total intangible assets		31	49
Fixed assets
Art	5	1	1
Land, buildings, and other real property	5	150	173
Vehicles, machinery, inventories, and equipment	5	237	103
Total fixed assets		388	278
Non-current financial assets
Investments in subsidiaries	6	1	1
Investments in associated companies	6	34	34
Other non-current receivables	8	44	41
Total non-current financial assets		78	76
Total non-current assets		498	403
Current assets
Receivables
Sales agent receivables	9	71	1
Other receivables	10	121	130
Total receivables		191	131
Cash and cash equivalents	16	6 208	5 306
Total current assets		6 399	5 437
TOTAL ASSETS		6 897	5 840
EQUITY AND LIABILITIES
Equity
Paid-in equity
Share capital	11	0,2	0,2
Total paid-in equity		0,2	0,2
Retained earnings
Non-distributable equity fund	12	150	150
Investment fund	12	9	9
Other equity	12	326	337
Total retained earnings		485	496
Total equity		485	496
Liabilities
Provisions for liabilities
Pension liabilities	15	180	167
Total provisions for liabilities		180	167
Total non-current liabilities		180	167
Current liabilities
Accounts payable to suppliers	7	129	89
Undistributed prizes		186	169
Prepaid stakes		174	173
Tax owed		38	33
Other current liabilities	13	913	531
Residual surplus funds payable	14	4 793	4 182
Total current liabilities		6 233	5 177
Total liabilities		6 412	5 344
TOTAL EQUITY AND LIABILITIES		6 897	5 840

Statement of cash flow

Amounts in NOK millions	Note	2020	2019
Cash flow from operating activities
Result before tax		6 167	5 676
Loss/gain from sale of non-current assets	5	0	0
Ordinary depreciation	5	95	189
Write-downs of non-current assets	5	0	0
Changes in sales agent receivables	9	-69	70
Changes in accouts payavle to suppliers		40	-9
Difference betwwen expensed pensions and receipts/payments in pension schemes	15	13	16
Poster klassifisert som investerings-/finansieringsaktiviteter		0	0
Changes in other accruals	10	411	-1
Net cash flow from operating activities		6 656	5 941
Cash flow from investing activities
Receipts from sales of fixed assets		0	0
Payments for purchases of fixed assets	5	-187	-25
Net cash flow from investing activities		-187	-25
Cash flow from financing activities
Transfer of surplus funds to good causes		-5 566	-5 566
Net cash flow from financing activities		-5 566	-5 566
Net changes in cash and cash equivalents		902	350
Cash and cash equivalents at the start of the period		5 306	4 954
Cash and cash equivalents at the start of the period		6 209	5 306