Profit performance - Group

QUARTERLY PROFIT
(NOK million)	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Net interest income	334	335	320	307	304
Other operating income	53	45	69	64	83
Total operating costs	178	174	158	158	155
Profit before impairment on loans	209	206	231	213	232
Impairment on loans, guarantees etc.	0	5	2	28	14
Pre-tax profit	209	201	229	185	218
Tax	46	48	53	42	48
Profit after tax	163	153	176	143	170

As a percentage of average assets
Net interest income	1.62	1.62	1.58	1.53	1.53
Other operating income	0.26	0.22	0.34	0.31	0.42
Total operating costs	0.86	0.84	0.78	0.79	0.78
Profit before impairment on loans	1.02	1.00	1.14	1.05	1.17
Impairment on loans, guarantees etc.	0.00	0.03	0.01	0.14	0.07
Pre-tax profit	1.02	0.97	1.13	0.91	1.10
Tax	0.22	0.23	0.27	0.21	0.24
Profit after tax	0.80	0.74	0.86	0.70	0.86