STATEMENT OF INCOME - compressed | | | | | | |
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(NOK million) | Notes | Q3 2019 | Q3 2018 | 30.09.2019 | 30.09.2018 | 2018 |
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Interest income from assets assessed at amortised cost | 2 | 196 | 155 | 536 | 442 | 599 |
Interest income from assets assessed at fair value | 2 | 0 | 2 | 6 | 3 | 4 |
Interest expenses | 2 | 116 | 91 | 316 | 241 | 329 |
Net interest income | 2 6 | 80 | 66 | 226 | 204 | 274 |
Commission income | | 1 | 0 | 1 | 0 | 0 |
Net change in value of securities and related derivatives | | 1 | 1 | 0 | 0 | -1 |
Wages, salaries and general administration costs | | 1 | 1 | 2 | 2 | 3 |
Other operating costs | 6 | 9 | 10 | 31 | 30 | 39 |
Total operating costs | | 10 | 11 | 33 | 32 | 42 |
Profit before impairment on loans and taxes | | 72 | 56 | 194 | 172 | 231 |
Impairment on loans | 3 | -10 | -2 | -12 | -1 | 1 |
Pre-tax profit | | 82 | 58 | 206 | 173 | 230 |
Taxes | | 18 | 14 | 45 | 40 | 56 |
Profit after tax | | 64 | 44 | 161 | 133 | 174 |
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STATEMENT OF COMPREHENSIVE INCOME - compressed | | | | | | |
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(NOK million) | | Q3 2019 | Q3 2018 | 30.09.2019 | 30.09.2018 | 2018 |
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Profit after tax | | 64 | 44 | 161 | 133 | 174 |
Items that may subsequently be reclassified to the income statement: | | | | | | |
Basis swap spreads - changes in value | | -1 | -1 | 1 | -10 | -17 |
Tax effect of basis swap spreads | | 1 | 0 | 0 | 2 | 4 |
Total comprehensive income for the period | | 64 | 43 | 162 | 125 | 161 |