BackProfit performance
| QUARTERLY PROFIT | |||||
| (MNOK) | Q4 2016 | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 |
|---|---|---|---|---|---|
| Net interest income | 59 | 61 | 62 | 60 | 65 |
| Other operating income | -6 | 1 | 1 | 4 | -3 |
| Total operating costs | 8 | 8 | 9 | 8 | 8 |
| Profit before impairment on loans | 45 | 54 | 54 | 56 | 54 |
| Impairment on loans | 1 | 0 | 0 | 0 | 0 |
| Pre tax profit | 44 | 54 | 54 | 56 | 54 |
| Tax | 11 | 13 | 14 | 14 | 15 |
| Profit after tax | 33 | 41 | 40 | 42 | 39 |
| As a percentage of average assets | |||||
| Net interest income | 1,23 | 1,34 | 1,40 | 1,35 | 1,58 |
| Other operating income | -0,14 | 0,03 | 0,01 | 0,11 | -0,09 |
| Total operating costs | 0,18 | 0,17 | 0,21 | 0,18 | 0,18 |
| Profit before impairment on loans | 0,91 | 1,20 | 1,20 | 1,28 | 1,31 |
| Impairment on loans | 0,02 | 0,00 | 0,00 | 0,00 | 0,00 |
| Pre tax profit | 0,89 | 1,20 | 1,20 | 1,28 | 1,31 |
| Tax | 0,23 | 0,30 | 0,30 | 0,32 | 0,35 |
| Profit after tax | 0,66 | 0,90 | 0,90 | 0,96 | 0,96 |
| Average total assets (MNOK) | 19 164 | 18 003 | 18 046 | 17 615 | 16 626 |
| ACCUMULATED PROFIT FOR THE YEAR | ||
| (MNOK) | 31.12.2016 | 31.12.2015 |
|---|---|---|
| Net interest income | 242 | 273 |
| Other operating income | 0 | 1 |
| Total operating costs | 33 | 31 |
| Profit before impairment on loans | 209 | 243 |
| Impairment on loans | 1 | 2 |
| Pre tax profit | 208 | 241 |
| Tax | 52 | 65 |
| Profit after tax | 156 | 176 |
| As a percentage of average assets | ||
| Net interest income | 1,33 | 1,63 |
| Other operating income | 0,00 | 0,01 |
| Total operating costs | 0,18 | 0,18 |
| Profit before impairment on loans | 1,15 | 1,46 |
| Impairment on loans | 0,01 | 0,01 |
| Pre tax profit | 1,14 | 1,45 |
| Tax | 0,29 | 0,39 |
| Profit after tax | 0,85 | 1,06 |
| Average total assets (MNOK) | 18 207 | 16 752 |