STATEMENT OF INCOME | | | | |
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(NOK million) | Note | 2021 | 2020 | |
---|
Interest income | 6 14 23 | 609 | 691 | |
Interest expenses | 14 23 | 249 | 346 | |
Net interest income | | 360 | 345 | |
Commission income | | 0 | 0 | |
Net gains/losses from financial instruments | 15 | -3 | -1 | |
Total income | | 357 | 344 | |
Wages, salaries and general administration costs | 16 | 2 | 3 | |
Other operating costs | 23 | 49 | 46 | |
Total operating costs | | 51 | 49 | |
Profit before impairment on loans | | 306 | 295 | |
Impairment on loans | 9 | 0 | 1 | |
Pre-tax profit | | 306 | 294 | |
Taxes | 17 | 67 | 64 | |
Profit after tax | | 239 | 230 | |
| | | | |
Earnings/diluted earnings per share (NOK) | | 216.56 | 152.97 | |
| | | | |
STATEMENT OF COMPREHENSIVE INCOME | | | | |
---|
(NOK million) | | 2021 | 2020 | |
---|
Profit after tax | | 239 | 230 | |
Items that may subsequently be reclassified to the income statement: | | | | |
Basis swap spreads - changes in value | | 3 | 3 | |
Tax effect of basis swap spreads | 17 | -1 | -1 | |
Total comprehensive income after tax | | 241 | 232 | |
| | | | |
PROPOSED DISTRIBUTION | | | | |
---|
(NOK million) | | 2021 | 2020 | |
---|
Proposed dividends | | 241 | 232 | |
Retained earnings | | 0 | 0 | |
Total | | 241 | 232 | |