Profit performance

(MNOK)	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016
QUARTERLY PROFIT
Net interest income	61	57	59	61	62
Other operating income	-6	-5	-6	1	1
Total operating costs	9	10	8	8	9
Profit before impairment on loans	46	42	45	54	54
Impairment on loans	0	0	1	0	0
Pre tax profit	46	42	44	54	54
Tax	12	10	11	13	14
Profit after tax	34	32	33	41	40

As a percentage of average assets
Net interest income	1.23	1.15	1.23	1.34	1.40
Other operating income	-0.11	-0.11	-0.14	0.03	0.01
Total operating costs	0.20	0.19	0.18	0.17	0.21
Profit before impairment on loans	0.92	0.85	0.91	1.20	1.20
Impairment on loans	0.00	0.00	0.02	0.00	0.00
Pre tax profit	0.92	0.85	0.89	1.20	1.20
Tax	0.23	0.21	0.23	0.30	0.30
Profit after tax	0.69	0.64	0.66	0.90	0.90

Average total assets (MNOK)	19 545	19 876	19 164	18 003	18 046

(MNOK)	30.06.2017	30.06.2016	31.12.2016
ACCUMULATED PROFIT FOR THE YEAR
Net interest income	118	122	242
Other operating income	-11	5	0
Total operating costs	19	17	33
Profit before impairment on loans	88	110	209
Impairment on loans	0	0	1
Pre tax profit	88	110	208
Tax	22	28	52
Profit after tax	66	82	156

As a percentage of average assets
Net interest income	1.19	1.37	1.33
Other operating income	-0.11	0.06	0.00
Total operating costs	0.19	0.19	0.18
Profit before impairment on loans	0.89	1.24	1.15
Impairment on loans	0.00	0.00	0.01
Pre tax profit	0.89	1.24	1.14
Tax	0.22	0.31	0.29
Profit after tax	0.67	0.93	0.85

Average total assets (MNOK)	19 710	17 830	18 207