Profit performance

(MNOK)	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016
QUARTERLY PROFIT
Net interest income	68	61	57	59	61
Other operating income	-3	-6	-5	-6	1
Total operating costs	9	9	10	8	8
Profit before impairment on loans	56	46	42	45	54
Impairment on loans	0	0	0	1	0
Pre tax profit	56	46	42	44	54
Tax	14	12	10	11	13
Profit after tax	42	34	32	33	41

As a percentage of average assets
Net interest income	1.32	1.23	1.15	1.23	1.34
Other operating income	-0.07	-0.11	-0.11	-0.14	0.03
Total operating costs	0.18	0.20	0.19	0.18	0.17
Profit before impairment on loans	1.07	0.92	0.85	0.91	1.20
Impairment on loans	0.00	0.00	0.00	0.02	0.00
Pre tax profit	1.07	0.92	0.85	0.89	1.20
Tax	0.27	0.23	0.21	0.23	0.30
Profit after tax	0.80	0.69	0.64	0.66	0.90

Average total assets (MNOK)	20 565	19 545	19 876	19 164	18 003

(MNOK)	30.09.2017	30.09.2016	31.12.2016
ACCUMULATED PROFIT FOR THE YEAR
Net interest income	186	183	242
Other operating income	-14	6	0
Total operating costs	28	25	33
Profit before impairment on loans	144	164	209
Impairment on loans	0	0	1
Pre tax profit	144	164	208
Tax	36	41	52
Profit after tax	108	123	156

As a percentage of average assets
Net interest income	1.24	1.37	1.33
Other operating income	-0.10	0.05	0.00
Total operating costs	0.19	0.19	0.18
Profit before impairment on loans	0.95	1.23	1.15
Impairment on loans	0.00	0.00	0.01
Pre tax profit	0.95	1.23	1.14
Tax	0.24	0.31	0.29
Profit after tax	0.71	0.92	0.85

Average total assets (MNOK)	19 995	17 888	18 207