STATEMENT OF INCOME - compressed | | | | | | |
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(NOK million) | Notes | Q2 2019 | Q2 2018 | 30.06.2019 | 30.06.2018 | 2018 |
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Interest income from assets assessed at amortised cost | 2 | 176 | 151 | 340 | 287 | 599 |
Interest income from assets assessed at fair value | 2 | 5 | 0 | 6 | 1 | 4 |
Interest expenses | 2 | 104 | 85 | 200 | 150 | 329 |
Net interest income | 2 6 | 77 | 66 | 146 | 138 | 274 |
Commission income | | 0 | 0 | 0 | 0 | 0 |
Net change in value of securities and related derivatives | | -2 | -2 | -1 | -1 | -1 |
Wages, salaries and general administration costs | | 0 | 0 | 1 | 1 | 3 |
Other operating costs | 6 | 13 | 11 | 22 | 20 | 39 |
Total operating costs | | 13 | 11 | 23 | 21 | 42 |
Profit before impairment on loans and taxes | | 62 | 53 | 122 | 116 | 231 |
Impairment on loans | 3 | -1 | 2 | -2 | 1 | 1 |
Pre-tax profit | | 63 | 51 | 124 | 115 | 230 |
Taxes | | 13 | 11 | 27 | 26 | 56 |
Profit after tax | | 50 | 40 | 97 | 89 | 174 |
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STATEMENT OF COMPREHENSIVE INCOME - compressed | | | | | | |
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(NOK million) | | Q2 2019 | Q2 2018 | 30.06.2019 | 30.06.2018 | 2018 |
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Profit after tax | | 50 | 40 | 97 | 89 | 174 |
Items that may subsequently be reclassified to the income statement: | | | | | | |
Basis swap spreads - changes in value | | 6 | -4 | 2 | -9 | -17 |
Tax effect of basis swap spreads | | -2 | 1 | -1 | 2 | 4 |
Total comprehensive income for the period | | 54 | 37 | 98 | 82 | 161 |