Financial highlights - Group

	Q1 2016		Q1 2015		2015
Income statement
	NOK million	%	NOK million	%	NOK million	%
Net interest income	250	1.67	255	1.80	1 098	1.89
Net commission and other operating income	42	0.28	47	0.33	193	0.33
Net return from financial investments	14	0.09	20	0.14	12	0.02
Total income	306	2.04	322	2.27	1 303	2.24
Total operating costs	148	0.99	147	1.04	561	0.96
Profit before impairment on loans	158	1.05	175	1.23	742	1.28
Impairment on loans, guarantees etc.	-2	-0.01	8	0.06	50	0.09
Pre tax profit	160	1.06	167	1.17	692	1.19
Tax	40	0.26	45	0.32	189	0.32
Profit after tax	120	0.80	122	0.85	503	0.87

NOK million	31.03.2016	% change in Q1 2016	31.12.2015	% change during last 12 months	31.03.2015
Statement of financial position
Total assets	60 088	-0.1	60 120	3.2	58 253
Average assets	59 925	3.1	58 113	5.7	56 688
Loans to and receivables from customers	51 440	0.3	51 286	2.0	50 454
Gross loans to retail customers	35 049	0.7	34 822	6.8	32 806
Gross loans to corporate and public entities	16 439	-0.5	16 526	-6.9	17 652
Deposits from customers	29 738	1.2	29 389	4.4	28 477
Deposits from retail customers	17 742	-0.5	17 829	3.9	17 072
Deposits from corporate and public entities	11 937	3.4	11 550	5.7	11 288

	Q1 2016	Q1 2015	2015
Key figures
Return on equity (annualised)	10.0	10.5	10.7
Costs as a percentage of income	48.4	45.9	43.0
Losses as a percentage of loans 1.1/start of the period	-0.02	0.06	0.10
Problem loans as a percentage of loans (prior to impairment)	0.41	0.77	0.47
Problem loans as a percentage of loans (after impairment)	0.27	0.50	0.32
Deposits to lending ratio as a percentage	57.8	56.4	57.3
Liquidity Coverage Ratio (LCR)	93.0	131.0	123.0
Lending growth as a percentage	2.0	9.5	4.9
Deposit growth as a percentage	4.4	0.2	3.5
Capital adequacy ratio 1) 2)	18.2	17.8	18.1
Core capital as a percentage 1) 2)	16.6	16.1	16.6
Core tier 1 capital as a percentage 1) 2)	14.2	13.6	14.1
Leverage Ratio (LR)	8.0	8.0	8.0
Man-years	388	380	388
Equity Certificates:
Profit per EC (Group) (NOK)	6.05	6.10	25.25
Profit per EC (Parent Bank) (NOK)	12.75	12.90	25.70
EC fraction 1.1 as a percentage (Parent Bank)	49.6	49.6	49.6
Price at Oslo Stock Exchange (NOK)	188	229	188
Price/Book value (P/B) (Group) 3)	0.76	0.97	0.74
1) Calculated according to IRB in Basel II incl. transitional rule in Basel I. IRB for mass market from 31st March 2015 and IRB Foundation for corporate commitments from 30th June 2014.
2) Incl. 50 per cent of profit after tax
3) Incl. 100 per cent of profit after tax