Profit perfomance - Group

QUARTERLY PROFIT
(NOK million)	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019
Net interest income	266	342	339	351	320
Other operating income	124	12	75	63	78
Total operating costs	157	167	168	161	160
Profit before impairment on loans	233	187	246	253	238
Impairment on loans, guarantees etc.	42	36	15	16	6
Pre-tax profit	191	151	231	237	232
Tax	41	34	41	57	51
Profit after tax	150	117	190	180	181

As a percentage of average assets
Net interest income	1.35	1.80	1.79	1.91	1.75
Other operating income	0.63	0.06	0.40	0.34	0.43
Total operating costs	0.80	0.88	0.89	0.87	0.88
Profit before impairment on loans	1.18	0.98	1.30	1.38	1.30
Impairment on loans, guarantees etc.	0.21	0.19	0.08	0.09	0.03
Pre-tax profit	0.97	0.79	1.22	1.29	1.27
Tax	0.21	0.18	0.21	0.31	0.29
Profit after tax	0.76	0.61	1.01	0.98	0.98