Note 4 – Financial income and expenses

Financial income

Amounts in NOK millions20192018
Interest income 5737
Other financial income 110
Financial income subsidiaries and associated companies 00
Capital gains 1818
Total financial income8655

Financial expenses

Amounts in NOK millions20192018
Interest expenses10
Other financial expenses 00
Capital losses 134
Total financial expenses145

The company operates accounts in NOK, EUR, SEK, and USD. Balances in currency accounts are normally limited to the amounts required in connection with day-to-day operations. Prize transactions in games offered in cooperation with other regulated gaming companies (Vikinglotto and Eurojackpot) are conducted in EUR and mean that the company can at times hold large reserves of EUR.

In accordance with the company’s articles of association, surplus liquidity in excess of 2.5 per cent of the gross gaming revenue in the preceding year is transferred each month to the company’s sight deposits with the Treasury in Norges Bank. The interest terms for these deposits follow the government’s sight deposit rate.