Profit performance - Group

Amounts in NOK million	Q1 2016	Q4 2015	Q3 2015	Q2 2015	Q1 2015
QUARTERLY PROFIT
Net interest income	250	285	283	275	255
Other operating income	56	40	33	65	67
Total operating costs	148	124	146	144	147
Profit before impairment on loans	158	201	170	196	175
Impairment on loans, guarantees etc.	-2	25	10	7	8
Pre tax profit	160	176	160	189	167
Tax	40	52	44	48	45
Profit after tax	120	124	116	141	122

As a percentage of average assets
Net interest income	1.67	1.91	1.93	1.91	1.80
Other operating income	0.37	0.27	0.23	0.46	0.47
Total operating costs	0.99	0.83	1.00	1.01	1.04
Profit before impairment on loans	1.05	1.35	1.16	1.36	1.23
Impairment on loans, guarantees etc.	-0.01	0.17	0.07	0.05	0.06
Pre tax profit	1.06	1.18	1.09	1.31	1.17
Tax	0.26	0.35	0.30	0.33	0.32
Profit after tax	0.80	0.83	0.79	0.98	0.85