Profit performance

QUARTERLY PROFIT (NOK million)Q4 2019Q3 2019Q2 2019Q1 2019Q4 2018
Net interest income8280776970
Other operating income-42-21-1
Total operating costs1210131010
Profit before impairment on loans6672626059
Impairment on loans1-10-1-11
Pre tax profit6582636158
Tax418131416
Profit after tax6164504742
      
As a percentage of average assets:
Net interest income1.221.281.211.131.17
Other operating income-0.060.03-0.030.02-0.01
Total operating costs0.180.160.200.170.17
Profit before impairment on loans0.981.150.980.980.99
Impairment on loans0.01-0.16-0.02-0.010.01
Pre tax profit0.971.311.000.990.98
Tax0.060.290.220.220.28
Profit after tax0.911.020.780.770.70
      
Average total assets (NOK million)26 89125 22325 14224 58223 794
ACCUMULATED PROFIT FOR THE YEAR (NOK million)31.12.201931.12.2018
Net interest income308274
Other operating income-3-1
Total operating costs4542
Profit before impairment on loans260231
Impairment on loans-111
Pre tax profit271230
Tax4956
Profit after tax222174
   
As a percentage of average assets: 
Net interest income1.211.15
Other operating income-0.010.00
Total operating costs0.180.18
Profit before impairment on loans1.020.97
Impairment on loans-0.040.00
Pre tax profit1.060.97
Tax0.190.24
Profit after tax0.870.73
   
Average total assets (NOK million)25 46023 834