Statement of income - Parent Bank

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STATEMENT OF INCOME - PARENT BANK (COMPRESSED)
(NOK million)	Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Interest income from assets at amortised cost	251	343	882	988	1 367
Interest income from assets at fair value	26	75	148	186	245
Interest costs	72	149	366	426	605
Net interest income	205	269	664	748	1 007
Commission income and revenues from banking services	51	57	155	161	220
Commission costs and expenditure from banking services	6	6	19	19	26
Other operating income	11	10	33	28	38
Net commission and other operating income	56	61	169	170	232
Dividends	1	1	234	178	184
Net gains/losses on financial instruments	25	4	50	52	65
Net return on financial instruments	26	5	284	230	249
Total income	287	335	1 117	1 148	1 488
Wages, salaries etc.	78	87	242	254	340
Administration costs	32	34	111	108	143
Depreciation and impairment	13	13	39	39	54
Other operating costs	21	22	62	59	80
Total operating costs	144	156	454	460	617
Profit before impairment on loans	143	179	663	688	871
Impairment on loans, guarantees etc.	38	24	111	47	60
Pre-tax profit	105	155	552	641	811
Taxes	25	38	73	110	150
Profit after tax	80	117	479	531	661
Allocated to equity owners	75	110	458	516	638
Allocated to owners of Additional Tier 1 capital	5	7	21	15	23

Profit per EC (NOK) 1)	3.72	5.30	22.95	25.90	32.00
Diluted earnings per EC (NOK) 1)	3.72	5.30	22.95	25.90	32.00
Distributed dividend per EC (NOK)	0.00	0.00	14.00	15.50	15.50


STATEMENT OF COMPREHENSIVE INCOME - PARENT BANK (COMPRESSED)
(NOK million)	Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Profit after tax	80	117	479	531	661
Items that may subsequently be reclassified to the income statement:
Basisswap spreads - changes in value	0	0	0	0	0
Tax effect of changes in value on basisswap spreads	0	0	0	0	0
Items that will not subsequently be reclassified to the income statement:
Pension estimate deviations	0	0	0	0	-29
Tax effect of pension estimate deviations	0	0	0	0	7
Total comprehensive income after tax	80	117	479	531	639
Allocated to equity owners	75	110	458	516	616
Allocated to owners of Additional Tier 1 capital	5	7	21	15	23
1) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners.