| STATEMENT OF INCOME | | | | |
|---|
| (NOK million) | Note | 2022 | 2021 | |
|---|
| Interest income | 6 14 23 | 870 | 609 | |
| Interest expenses | 14 23 | 607 | 249 | |
| Net interest income | | 263 | 360 | |
| Commission income | | 0 | 0 | |
| Net gains/losses from financial instruments | 15 | -29 | -3 | |
| Total income | | 234 | 357 | |
| Wages, salaries and general administration expenses | 16 | 2 | 2 | |
| Other operating expenses | 23 | 49 | 49 | |
| Total operating expenses | | 51 | 51 | |
| Profit before impairment on loans | | 183 | 306 | |
| Impairment on loans | 9 | 6 | 0 | |
| Pre-tax profit | | 177 | 306 | |
| Taxes | 17 | 39 | 67 | |
| Profit after tax | | 138 | 239 | |
| | | | | |
| Earnings/diluted earnings per share (NOK) | | 125.60 | 216.56 | |
| | | | | |
| STATEMENT OF COMPREHENSIVE INCOME | | | | |
|---|
| (NOK million) | | 2022 | 2021 | |
|---|
| Profit after tax | | 138 | 239 | |
| Items that may subsequently be reclassified to the income statement: | | | | |
| Basis swap spreads - changes in value | | 30 | 3 | |
| Tax effect of basis swap spreads | 17 | -6 | -1 | |
| Total comprehensive income after tax | | 162 | 241 | |