| STATEMENT OF INCOME | | | |
|---|
| (NOK million) | Note | 2024 | 2023 |
|---|
| Interest income | 14 23 | 1 987 | 1 655 |
| Interest expenses | 14 23 | 1 704 | 1 418 |
| Net interest income | | 283 | 237 |
| Net gains/losses from financial instruments | 15 | -12 | -14 |
| Total income | | 271 | 223 |
| Wages, salaries and general administration expenses | 16 | 3 | 2 |
| Other operating expenses | 23 | 57 | 56 |
| Total operating expenses | | 60 | 58 |
| Profit before impairment on loans | | 211 | 165 |
| Impairment on loans | 9 | -6 | 1 |
| Pre-tax profit | | 217 | 164 |
| Taxes | 17 | 48 | 36 |
| Profit after tax | | 169 | 128 |
| | | | |
| Earnings/diluted earnings per share (NOK) | | 150.88 | 116.23 |
| | | | |
| STATEMENT OF COMPREHENSIVE INCOME | | | |
|---|
| (NOK million) | | 2024 | 2023 |
|---|
| Profit after tax | | 169 | 128 |
| Items that may subsequently be reclassified to the income statement: | | | |
| Basis swap spreads - changes in value | | -38 | -37 |
| Tax effect of basis swap spreads | 17 | 8 | 8 |
| Total comprehensive income after tax | | 139 | 99 |