Profit performance

QUARTERLY PROFIT (NOK million)	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018
Net interest income	80	77	69	70	66
Other operating income	2	-2	1	-1	1
Total operating costs	10	13	10	10	11
Profit before impairment on loans	72	62	60	59	56
Impairment on loans	-10	-1	-1	1	-2
Pre tax profit	82	63	61	58	58
Tax	18	13	14	16	14
Profit after tax	64	50	47	42	44

As a percentage of average assets:
Net interest income	1.28	1.21	1.13	1.17	1.02
Other operating income	0.03	-0.03	0.02	-0.01	0.01
Total operating costs	0.16	0.20	0.17	0.17	0.16
Profit before impairment on loans	1.15	0.98	0.98	0.99	0.87
Impairment on loans	-0.16	-0.02	-0.01	0.01	-0.02
Pre tax profit	1.31	1.00	0.99	0.98	0.89
Tax	0.29	0.22	0.22	0.28	0.20
Profit after tax	1.02	0.78	0.77	0.70	0.69

Average total assets (NOK million)	25 223	25 142	24 582	23 794	25 983

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	30.09.2019	30.09.2018	31.12.2018
Net interest income	226	204	274
Other operating income	1	0	-1
Total operating costs	33	32	42
Profit before impairment on loans	194	172	231
Impairment on loans	-12	-1	1
Pre tax profit	206	173	230
Tax	45	40	56
Profit after tax	161	133	174

As a percentage of average assets:
Net interest income	1.21	1.14	1.15
Other operating income	0.01	0.00	0.00
Total operating costs	0.18	0.18	0.18
Profit before impairment on loans	1.04	0.96	0.97
Impairment on loans	-0.06	0.00	0.00
Pre tax profit	1.10	0.96	0.97
Tax	0.24	0.22	0.24
Profit after tax	0.86	0.74	0.73

Average total assets (NOK million)	24 982	23 848	23 834