Profit performance - Group

QUARTERLY PROFIT
(NOK million)	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020
Net interest income	305	314	306	266	342
Other operating income	85	72	77	124	12
Total operating costs	158	157	149	157	167
Profit before impairment on loans	232	229	234	233	187
Impairment on loans, guarantees etc.	14	35	36	42	36
Pre-tax profit	218	194	198	191	151
Tax	48	47	45	41	34
Profit after tax	170	147	153	150	117

As a percentage of average assets
Net interest income	1.51	1.58	1.54	1.35	1.80
Other operating income	0.42	0.36	0.39	0.63	0.06
Total operating costs	0.78	0.79	0.75	0.80	0.88
Profit before impairment on loans	1.15	1.15	1.18	1.18	0.98
Impairment on loans, guarantees etc.	0.07	0.18	0.18	0.21	0.19
Pre-tax profit	1.08	0.97	1.00	0.97	0.79
Tax	0.24	0.24	0.22	0.21	0.18
Profit after tax	0.84	0.73	0.78	0.76	0.61