Statement of financial position

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GROUP				PARENT BANK
ASSETS
2017	2018	(NOK million)	Note	2018	2017
637	857	Cash and claims on Norges Bank		857	637
626	813	Loans to and receivables from credit institutions, on a call basis		678	626
669	475	Loans to and receivables from credit institutions, with a fixed maturity		1 652	1 871
1 295	1 288	Loans to and receivables from credit institutions	16	2 330	2 497
56 867	60 346	Net loans to and receivables from customers	3 4 5 6 7 16 17 21	37 059	35 832
6 096	6 789	Certificates, bonds and other interest-bearing securities	13 15	7 095	6 461
1 004	1 209	Financial derivatives	10	584	564
0	182	Shares and other securities assessed at fair value through profit or loss		182	0
188	-	Shares and other securities available for sale		-	188
188	182	Shares and other securities	13 15	182	188
0	0	Equity stakes in financial institutions (subsidiaries)		1 600	1 500
0	0	Equity stakes in other Group companies		21	21
0	0	Equity stakes in Group companies	16	1 621	1 521
59	54	Deferred tax benefit	26	50	62
42	42	Intangible assets	24	42	42
17	14	Machinery, equipment, fixtures and fittings and vehicles		14	16
211	206	Buildings and other real estate		20	21
228	220	Fixed assets	23	34	37
0	17	Excess funding defined benefit plan	22	17	0
75	70	Other assets	25	66	72
66 491	71 074	Total assets	9 10 13 14 15	49 937	47 913

LIABILITIES AND EQUITY
GROUP				PARENT BANK
2017	2018	(NOK million)	Note	2018	2017
132	201	Loans and deposits from credit institutions, on a call basis		914	132
437	754	Loans and deposits from credit institutions, with a fixed maturity		754	522
569	955	Loans and deposits from credit institutions	16	1 668	654
22 552	24 620	Deposits from customers, on a call basis		24 643	22 569
10 251	9 794	Deposits from customers, with a fixed maturity		9 794	10 251
32 803	34 414	Deposits from customers	4 5 16 17 21	34 437	32 820
24 488	26 980	Bonds issued	12 13 14 15	5 415	6 090
483	525	Financial derivatives	10	502	480
78	76	Incurred costs and prepaid income		77	78
44	30	Pension liabilities	22	30	44
197	187	Tax payable	26	132	143
52	95	Provisions against guarantee liabilities	7	95	52
361	422	Other liabilities	8	419	357
732	810	Provisions and other liabilities		753	674
302	293	Additional Tier 1 capital		293	302
1 036	703	Subordinated loan capital		703	1 036
1 338	996	Subordinated loan capital	11 14	996	1 338
60 413	64 680	Total liabilities	9 10 12 13 14 15	43 771	42 056
989	989	EC capital	29	989	989
-5	-3	ECs owned by the Bank	29	-3	-5
355	356	Share premium		356	355
349	349	Additional Tier 1 capital	11	349	349
1 688	1 691	Paid-in equity		1 691	1 688
2 470	2 649	Primary capital fund		2 649	2 470
125	125	Gift fund		125	125
1 216	1 391	Dividend equalisation fund		1 391	1 216
78	0	Value adjustment fund		0	78
501	538	Other equity		310	280
4 390	4 703	Retained earnings		4 475	4 169
6 078	6 394	Total equity	28	6 166	5 857
66 491	71 074	Total liabilities and equity		49 937	47 913

Ålesund, 31 December 2018
20 February 2019

THE BOARD OF DIRECTORS OF SPAREBANKEN MØRE

LEIF-ARNE LANGØY, Chairman
ROY REITE, Deputy Chairman
RAGNA BRENNE BJERKESET
HENRIK GRUNG
JILL AASEN
ANN MAGRITT BJÅSTAD VIKEBAKK
HELGE KARSTEN KNUDSEN
MARIE REKDAL HIDE

TROND LARS NYDAL, CEO