Profit performance

QUARTERLY PROFIT (NOK million)	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020
Net interest income	90	88	95	101	69
Other operating income	3	1	0	0	4
Total operating costs	14	13	12	12	14
Profit before impairment on loans	79	76	83	89	59
Impairment on loans	0	0	-1	-1	0
Pre tax profit	79	76	84	90	59
Tax	17	17	18	20	13
Profit after tax	62	59	66	70	46

As a percentage of average assets:
Net interest income	1.16	1.16	1.31	1.32	0.93
Other operating income	0.03	0.02	0.00	0.00	0.05
Total operating costs	0.17	0.18	0.17	0.16	0.18
Profit before impairment on loans	1.02	1.00	1.14	1.16	0.80
Impairment on loans	0.01	0.00	-0.02	-0.01	0.00
Pre tax profit	1.01	1.00	1.16	1.17	0.80
Tax	0.22	0.22	0.26	0.26	0.17
Profit after tax	0.79	0.78	0.90	0.91	0.63

Average total assets (NOK million)	31 230	30 249	29 043	30 443	29 473

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	30.06.2021	30.06.2020	31.12.2020
Net interest income	178	150	345
Other operating income	4	-1	-1
Total operating costs	27	26	49
Profit before impairment on loans	155	123	295
Impairment on loans	0	3	1
Pre tax profit	155	120	294
Tax	34	26	64
Profit after tax	121	94	230

As a percentage of average assets:
Net interest income	1.16	1.07	1.20
Other operating income	0.02	-0.01	0.00
Total operating costs	0.17	0.18	0.17
Profit before impairment on loans	1.01	0.88	1.03
Impairment on loans	0.00	0.02	0.00
Pre tax profit	1.01	0.86	1.03
Tax	0.22	0.19	0.22
Profit after tax	0.79	0.67	0.81

Average total assets (NOK million)	30 740	27 883	28 813