Profit performance

QUARTERLY PROFIT (NOK million)	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Net interest income	66	65	76	86	96
Other operating income	-5	-5	3	-12	5
Total operating costs	11	14	13	12	12
Profit before impairment on loans	50	46	66	62	89
Impairment on loans	0	4	1	0	0
Pre tax profit	50	42	65	62	89
Tax	11	10	14	13	20
Profit after tax	39	32	51	49	69

As a percentage of average assets:
Net interest income	0.90	0.83	1.01	1.11	1.22
Other operating income	-0.06	-0.06	0.03	-0.15	0.07
Total operating costs	0.15	0.18	0.17	0.16	0.16
Profit before impairment on loans	0.69	0.59	0.87	0.80	1.13
Impairment on loans	0.00	0.06	0.01	0.00	0.00
Pre tax profit	0.69	0.53	0.86	0.80	1.13
Tax	0.15	0.12	0.19	0.18	0.25
Profit after tax	0.54	0.41	0.67	0.62	0.88

Average total assets (NOK million)	29 263	31 520	30 204	30 766	31 444

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	30.09.2022	30.09.2021	31.12.2021
Net interest income	207	274	360
Other operating income	-7	9	-3
Total operating costs	38	39	51
Profit before impairment on loans	162	244	306
Impairment on loans	5	0	0
Pre tax profit	157	244	306
Tax	35	54	67
Profit after tax	122	190	239

As a percentage of average assets:
Net interest income	0.91	1.18	1.16
Other operating income	-0.03	0.04	-0.01
Total operating costs	0.17	0.17	0.17
Profit before impairment on loans	0.71	1.05	0.99
Impairment on loans	0.02	0.00	0.00
Pre tax profit	0.69	1.05	0.99
Tax	0.15	0.23	0.22
Profit after tax	0.54	0.82	0.77

Average total assets (NOK million)	30 329	30 974	30 922