Statement of income

STATEMENT OF COMPREHENSIVE INCOME
STATEMENT OF INCOME
(NOK million)	Note	Q1 2024	Q1 2023	2023
Interest income from assets assessed at amortised cost	3	452	310	1 514
Interest income from assets assessed at fair value	3	41	27	141
Interest expenses	3	423	270	1 418
Net interest income	3 7	70	67	237
Net gains/losses from financial instruments		-4	-5	-14
Total income		66	62	223
Wages, salaries and general administration expenses		1	1	2
Other operating expenses	7	14	13	56
Total operating expenses		15	14	58
Profit before impairment on loans		51	48	165
Impairment on loans	4	-2	0	1
Pre-tax profit		53	48	164
Taxes		12	10	36
Profit after tax		41	38	128


(NOK million)		Q1 2024	Q1 2023	2023
Profit after tax		41	38	128
Items that may subsequently be reclassified to the income statement:
Basis swap spreads - changes in value		-5	-1	-37
Tax effect of basis swap spreads		1	0	8
Total comprehensive income for the period		37	37	99