Financial highlights - Group

	Q2 2016		Q2 2015		30.06.2016		30.06.2015		2015
Income statement
	NOK million	%	NOK million	%	NOK million	%	NOK million	%	NOK million	%
Net interest income	275	1.86	275	1.91	525	1.75	530	1.86	1 098	1.89
Net commission and other operating income	46	0.30	51	0.36	88	0.29	98	0.33	193	0.33
Net return from financial investments	60	0.40	14	0.10	74	0.25	34	0.13	12	0.02
Total income	381	2.56	340	2.37	687	2.29	662	2.32	1 303	2.24
Total operating costs	147	0.98	144	1.01	295	0.98	291	1.02	561	0.96
Profit before impairment on loans	234	1.58	196	1.36	392	1.31	371	1.30	742	1.28
Impairment on loans, guarantees etc.	-3	-0.02	7	0.05	-5	-0.02	15	0.05	50	0.09
Pre tax profit	237	1.60	189	1.31	397	1.33	356	1.25	692	1.19
Tax	51	0.34	50	0.33	91	0.30	95	0.34	189	0.32
Profit after tax	186	1.26	139	0.98	306	1.03	261	0.91	503	0.87

NOK million	30.06.2016	% change YTD 2016	31.12.2015	% change during last 12 months	30.06.2015
Statement of financial position
Total assets	61 712	2.6	60 120	4.8	58 902
Average assets	59 900	3.1	58 113	4.9	57 075
Loans to and receivables from customers	51 192	-0.2	51 286	1.5	50 458
Gross loans to retail customers	35 787	2.8	34 822	6.5	33 588
Gross loans to corporate and public entities	15 467	-6.4	16 526	-8.7	16 933
Deposits from customers	31 595	7.5	29 389	5.5	29 959
Deposits from retail customers	18 783	5.4	17 829	4.1	18 051
Deposits from corporate and public entities	12 706	10.0	11 550	8.5	11 706

	Q2 2016	Q2 2015	30.06.2016	30.06.2015	2015
Key figures
Return on equity (annualised)	15.2	11.9	12.6	11.2	10.7
Costs as a percentage of income	38.5	42.4	42.9	44.0	43.0
Losses as a percentage of loans 1.1/start of the period	-0.02	0.06	-0.02	0.06	0.10
Problem loans as a percentage of loans (prior to impairment)	0.39	0.74	0.39	0.74	0.47
Problem loans as a percentage of loans (after impairment)	0.25	0.52	0.25	0.52	0.32
Deposits to lending ratio as a percentage	61.7	59.4	61.7	59.4	57.3
Liquidity Coverage Ratio (LCR)	126	152	126	152	123
Lending growth as a percentage	-0.5	0.0	1.5	7.9	4.9
Deposit growth as a percentage	6.2	5.2	5.5	3.0	3.5
Capital adequacy ratio 1) 2)	18.5	17.4	18.5	17.4	18.1
Core capital as a percentage 1) 2)	17.0	15.8	17.0	15.8	16.6
Core tier 1 capital as a percentage 1) 2)	14.5	13.5	14.5	13.5	14.1
Leverage Ratio (LR)	7.8	7.6	7.8	7.6	8.0
Man-years	381	385	381	385	388

	30.06.2016	30.06.2015	2015	2014	2013	2012
Equity Certificates (ECs)
Profit per EC (Group) (NOK)	15.40	13.10	25.25	31.20	21.65	31.05
Profit per EC (Parent Bank) (NOK)	20.10	17.70	25.70	29.10	18.45	27.75
EC fraction 1.1 as a percentage (Parent Bank)	49.6	49.6	49.6	49.6	47.7	46.0
Number of ECs issued (NOK million)	988.70	988.70	988.70	988.70	988.70	784.11
Price at Oslo Stock Exchange (NOK)	179	226	188	216	198	160
Stock market value (NOK million)	1 770	2 234	1 859	2 136	1 958	1 255
Book value per EC (Group) (NOK)	257	242	253	242	223	219
Dividend per EC (NOK)	11.50	13.50	11.50	13.50	8.00	12.00
Price/Earnings (Group, annualised)	5.8	8.6	7.3	7.4	10.7	5.8
Price/Book value (P/B) (Group) 3)	0.70	0.93	0.74	0.89	0.89	0.73
1) Calculated according to IRB in Basel II incl. transitional rule in Basel I. IRB for mass market from 31st March 2015 and IRB Foundation for corporate commitments from 30th June 2014.
2) Incl. 50 per cent of profit after tax
3) Incl. 100 per cent of profit after tax