Profit performance - Group

QUARTERLY PROFIT
(NOK million)	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Net interest income	445	432	398	353	334
Other operating income	55	102	35	49	53
Total operating costs	198	216	179	174	178
Profit before impairment on loans	302	318	254	228	209
Impairment on loans, guarantees etc.	33	2	2	-8	0
Pre-tax profit	269	316	252	236	209
Taxes	62	74	63	53	46
Profit after tax	207	242	189	183	163

As a percentage of average assets
Net interest income	1.98	1.95	1.87	1.65	1.62
Other operating income	0.24	0.46	0.16	0.23	0.26
Total operating costs	0.88	0.97	0.84	0.82	0.86
Profit before impairment on loans	1.34	1.44	1.19	1.06	1.02
Impairment on loans, guarantees etc.	0.15	0.01	0.01	-0.04	0.00
Pre-tax profit	1.19	1.43	1.18	1.10	1.02
Taxes	0.27	0.34	0.29	0.25	0.22
Profit after tax	0.92	1.09	0.89	0.85	0.80