Statement of income

STATEMENT OF INCOME - compressed
(NOK million)	Notes	Q4 2019	Q4 2018	2019	2018
Interest income from assets assessed at amortised cost	2	221	157	757	599
Interest income from assets assessed at fair value	2	1	1	7	4
Interest expenses	2	140	88	456	329
Net interest income	2 6	82	70	308	274
Commission income		0	0	1	0
Net change in value of securities and related derivatives		-4	-1	-4	-1
Total income		78	69	305	273
Wages, salaries and general administration costs		1	1	3	3
Other operating costs	6	11	9	42	39
Total operating costs		12	10	45	42
Profit before impairment on loans and taxes		66	59	260	231
Impairment on loans	3	1	1	-11	1
Pre-tax profit		65	58	271	230
Taxes		4	16	49	56
Profit after tax		61	42	222	174


STATEMENT OF COMPREHENSIVE INCOME - compressed
(NOK million)		Q4 2019	Q4 2018	2019	2018
Profit after tax		61	42	222	174
Items that may subsequently be reclassified to the income statement:
Basis swap spreads - changes in value		1	-7	2	-17
Tax effect of basis swap spreads		0	2	0	4
Total comprehensive income for the period		62	37	224	161