Note 8

Operating segments
Result - Q1 2017GroupEliminations/ otherCorporateRetail 1)Real estate brokerage
Net interest income261-11021600
Other operating income662121204
Total income327201231804
Operating costs1502329935
Profit before impairment177-39487-1
Impairment on loans, guarantees etc.203-10
Pre tax profit175-39188-1
Profit after tax131    
Key figures - 31.03.2017GroupEliminations/ otherCorporateRetail 1)Real estate brokerage
Loans to customers 1)53 99388915 99037 1140
Deposits from customers 1)32 65654411 91020 2020
Guarantee liabilities1 95201 941110
The deposit-to-loan ratio60.561.274.554.40
Result - Q1 2016GroupEliminations/ otherCorporateRetail 1)Real estate brokerage
Net interest income270-71101670
Other operating income561320203
Total income32661301873
Operating costs1482330914
Profit before impairment178-1710096-1
Impairment on loans, guarantees etc.-200-20
Pre tax profit180-1710098-1
Profit after tax134    
Key figures - 31.03.2016GroupEliminations/ otherCorporateRetail 1)Real estate brokerage
Loans to customers 1)51 4401 02416 13834 2780
Deposits from customers 1)29 73884010 00018 8980
Guarantee liabilities1 69301 68580
The deposit-to-loan ratio57.882.062.055.10
1) The subsidiary, Møre Boligkreditt AS, is part of the Bank’s Retail segment. The mortgage company's main objective is to issue covered bonds for both national and international investors, and the company is part of Sparebanken Møre's long-term financing strategy. Key figures for Møre Boligkreditt AS are displayed in a separate table.
Statement of incomeQ1 2017Q1 2016
Net interest income5760
Other operating income-54
Total income5264
Operating costs108
Profit before impairment on loans4256
Impairment on loans, guarantees etc.00
Pre tax profit4256
Profit after tax3242
Statement of financial position31.03.201731.03.2016
Loans to and receivables from customers18 53418 023
Total equity1 5351 395