| STATEMENT OF INCOME - GROUP (COMPRESSED) | | | | | | |
|---|
| (NOK million) | Note | Q2 2019 | Q2 2018 | 30.06.2019 | 30.06.2018 | 2018 |
|---|
| Interest income from assets at amortised cost | | 505 | 441 | 973 | 859 | 1 769 |
| Interest income from assets at fair value | | 55 | 40 | 105 | 80 | 171 |
| Interest expenses | | 240 | 190 | 454 | 359 | 761 |
| Net interest income | 10 | 320 | 291 | 624 | 580 | 1 179 |
| Commission income and revenues from banking services | | 55 | 53 | 105 | 102 | 208 |
| Commission costs and charges from banking services | | 6 | 7 | 13 | 14 | 25 |
| Other operating income | | 6 | 6 | 12 | 11 | 24 |
| Net commission and other operating income | | 55 | 52 | 104 | 99 | 207 |
| Dividends | | 4 | 2 | 5 | 3 | 3 |
| Net gains/losses from financial instruments | 5 | 19 | 24 | 46 | 29 | 38 |
| Net return from financial instruments | | 23 | 26 | 51 | 32 | 41 |
| Total income | | 398 | 369 | 779 | 711 | 1 427 |
| Wages, salaries etc. | | 89 | 85 | 174 | 169 | 340 |
| Administration costs | | 36 | 30 | 74 | 68 | 133 |
| Depreciation and impairment | | 11 | 8 | 22 | 15 | 31 |
| Other operating costs | | 24 | 27 | 47 | 47 | 99 |
| Total operating costs | | 160 | 150 | 317 | 299 | 603 |
| Profit before impairment on loans | | 238 | 219 | 462 | 412 | 824 |
| Impairment on loans, guarantees etc. | 3 | 6 | -5 | 19 | -3 | 16 |
| Pre tax profit | | 232 | 224 | 443 | 415 | 808 |
| Taxes | | 53 | 50 | 102 | 100 | 203 |
| Profit after tax | | 179 | 174 | 341 | 315 | 605 |
| Allocated to equity owners | | 176 | 170 | 335 | 308 | 594 |
| Allocated to owners of Additional Tier 1 capital | | 3 | 4 | 6 | 7 | 11 |
| | | | | | | |
| Profit per EC (NOK) 1) | | 8.85 | 8.50 | 16.80 | 15.45 | 29.80 |
| Diluted earnings per EC (NOK) 1) | | 8.85 | 8.50 | 16.80 | 15.45 | 29.80 |
| Distributed dividend per EC (NOK) | | 15.50 | 0.00 | 15.50 | 0.00 | 14.00 |
| | | | | | | |
| | | | | | | |
| STATEMENT OF COMPREHENSIVE INCOME - GROUP (COMPRESSED) | | | | | | |
|---|
| (NOK million) | | Q2 2019 | Q2 2018 | 30.06.2019 | 30.06.2018 | 2018 |
|---|
| Profit after tax | | 179 | 174 | 341 | 315 | 605 |
| Items that may subsequently be reclassified to the income statement: | | | | | | |
| Basisswap spreads - changes in value | | 7 | -3 | 2 | -8 | -18 |
| Tax effect of changes in value on basisswap spreads | | -2 | 1 | -1 | 2 | 4 |
| Items that will not subsequently be reclassified to the income statement: | | | | | | |
| Pension estimate deviations | | 0 | 0 | 0 | 0 | 12 |
| Tax effect of pension estimate deviations | | 0 | 0 | 0 | 0 | -3 |
| Total comprehensive income after tax | | 184 | 172 | 342 | 309 | 600 |
| Allocated to equity owners | | 181 | 168 | 336 | 302 | 589 |
| Allocated to owners of Additional Tier 1 capital | | 3 | 4 | 6 | 7 | 11 |
| 1) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners. | | |
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