Profit performance

QUARTERLY PROFIT (NOK million)Q2 2020Q1 2020Q4 2019Q3 2019Q2 2019
Net interest income6981828077
Other operating income4-5-42-2
Total operating costs1412121013
Profit before impairment on loans5964667262
Impairment on loans031-10-1
Pre tax profit5961658263
Tax131341813
Profit after tax4648616450
      
As a percentage of average assets:
Net interest income0.931.241.211.281.21
Other operating income0.05-0.07-0.070.03-0.03
Total operating costs0.180.180.170.160.20
Profit before impairment on loans0.800.990.971.150.98
Impairment on loans0.000.050.01-0.16-0.02
Pre tax profit0.800.940.961.311.00
Tax0.170.200.060.290.22
Profit after tax0.630.740.901.020.78
      
Average total assets (NOK million)29 47326 29325 22325 14224 582
ACCUMULATED PROFIT FOR THE YEAR (NOK million)30.06.202030.06.201931.12.2019
Net interest income150146308
Other operating income-1-1-3
Total operating costs262345
Profit before impairment on loans123122260
Impairment on loans3-2-11
Pre tax profit120124271
Tax262749
Profit after tax9497222
    
As a percentage of average assets:  
Net interest income1.071.171.21
Other operating income-0.01-0.01-0.01
Total operating costs0.180.190.18
Profit before impairment on loans0.880.971.02
Impairment on loans0.02-0.02-0.04
Pre tax profit0.860.991.06
Tax0.190.220.19
Profit after tax0.670.770.87
    
Average total assets (NOK million)27 88324 86225 460