STATEMENT OF INCOME | | | |
Amounts in NOK million | Notes | 2016 | 2015 |
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Interest income from: | | | |
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Loans to and receivables from credit institutions | 11 | 2 | 6 |
Loans to and receivables from customers | | 494 | 541 |
Certificates, bonds and other interest-bearing securities | | 6 | 4 |
Interest income | 2 | 502 | 551 |
Interest expenses in respect of: | | | |
Loans from credit institutions | 11 | 18 | 20 |
Debt securities | 9 10 11 | 242 | 258 |
Interest expenses | 9 | 260 | 278 |
Net interest income | 4 | 242 | 273 |
Commission income | | 0 | 0 |
Net change in value of securities and related derivatives | 9 | 0 | 1 |
Wages, salaries and general administration costs | | 2 | 2 |
Other operating costs | 11 | 31 | 29 |
Total operating costs | 12 | 33 | 31 |
Profit before impairment on loans and taxes | | 209 | 243 |
Impairment on loans | 3 5 | 1 | 2 |
Pre tax profit | | 208 | 241 |
Taxes | 13 | 52 | 65 |
Profit after tax | | 156 | 176 |
Proposed distribution: | | | |
Proposed dividends | | 156 | 176 |
Total | | 156 | 176 |
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STATEMENT OF COMPREHENSIVE INCOME | | | |
Amounts in NOK million | | 2016 | 2015 |
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Profit after tax | | 156 | 176 |
Other comprehensive income | | 0 | 0 |
Total comprehensive income after tax | | 156 | 176 |