Statement of income

STATEMENT OF INCOME - compressed
(NOK million)	Notes	Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Interest income from assets assessed at amortised cost	2	148	196	522	536	757
Interest income from assets assessed at fair value	2	10	0	20	6	7
Interest expenses	2	58	116	292	316	456
Net interest income	2 6	100	80	250	226	308
Commission income		1	1	1	1	1
Net change in value of securities and related derivatives		-1	1	-2	0	-4
Total income		100	82	249	227	305
Wages, salaries and general administration costs		0	1	2	2	3
Other operating costs	6	11	9	35	31	42
Total operating costs		11	10	37	33	45
Profit before impairment on loans and taxes		89	72	212	194	260
Impairment on loans	3	-1	-10	2	-12	-11
Pre-tax profit		90	82	210	206	271
Taxes		20	18	46	45	49
Profit after tax		70	64	164	161	222


STATEMENT OF COMPREHENSIVE INCOME - compressed
(NOK million)		Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Profit after tax		70	64	164	161	222
Items that may subsequently be reclassified to the income statement:
Basis swap spreads - changes in value		-7	-1	-7	1	2
Tax effect of basis swap spreads		1	1	1	0	0
Total comprehensive income for the period		64	64	158	162	224