STATEMENT OF INCOME | | | | | | |
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(NOK million) | Note | Q2 2025 | Q2 2024 | 30.06.2025 | 30.06.2024 | 2024 |
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Interest income from assets assessed at amortised cost | 3 | 481 | 444 | 941 | 896 | 1 821 |
Interest income from assets assessed at fair value | 3 | 49 | 35 | 98 | 76 | 166 |
Interest expenses | 3 | 444 | 405 | 881 | 828 | 1 704 |
Net interest income | 3 7 | 86 | 74 | 158 | 144 | 283 |
Net gains/losses from financial instruments | | -11 | -3 | -10 | -7 | -12 |
Total income | | 75 | 71 | 148 | 137 | 271 |
Wages, salaries and general administration expenses | | 1 | 0 | 2 | 1 | 3 |
Other operating expenses | 7 | 16 | 14 | 32 | 28 | 57 |
Total operating expenses | | 17 | 14 | 34 | 29 | 60 |
Profit before impairment on loans | | 58 | 57 | 114 | 108 | 211 |
Impairment on loans | 4 | 3 | -3 | 4 | -5 | -6 |
Pre-tax profit | | 55 | 60 | 110 | 113 | 217 |
Taxes | | 12 | 13 | 24 | 25 | 48 |
Profit after tax | | 43 | 47 | 86 | 88 | 169 |
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STATEMENT OF COMPREHENSIVE INCOME | | |
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(NOK million) | | Q2 2025 | Q2 2024 | 30.06.2025 | 30.06.2024 | 2024 |
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Profit after tax | | 43 | 47 | 86 | 88 | 169 |
Items that may subsequently be reclassified to the income statement: | | | | | | |
Basis swap spreads - changes in value | | 5 | -6 | 14 | -11 | -38 |
Tax effect of basis swap spreads | | -1 | 1 | -3 | 2 | 8 |
Total comprehensive income for the period | | 47 | 42 | 97 | 79 | 139 |