Financial highlights - Group

	Q2 2015		Q2 2014		30.06.2015		30.06.2014		2014
Income statement
	NOK million	%	NOK million	%	NOK million	%	NOK million	%	NOK million	%
Net interest income	269	1.89	268	2.01	542	1.91	537	2.00	1 093	2.01
Net commission and other operating income	51	0.36	44	0.33	98	0.34	87	0.32	180	0.33
Net return from financial investments	14	0.10	18	0.13	34	0.12	35	0.13	135	0.25
Total income	334	2.35	330	2.47	674	2.37	659	2.45	1 408	2.59
Total operating costs	144	1.01	144	1.08	291	1.02	287	1.06	564	1.04
Profit before impairment on loans	190	1.34	186	1.39	383	1.35	372	1.39	844	1.55
Impairment on loans, guarantees etc.	7	0.05	8	0.06	15	0.05	14	0.05	22	0.04
Pre tax profit	183	1.29	178	1.33	368	1.30	358	1.34	822	1.51
Tax	49	0.34	47	0.34	99	0.35	95	0.35	199	0.36
Profit after tax	134	0.95	131	0.99	269	0.95	263	0.99	623	1.15

NOK million	30.06.2015	% change YTD 2015	31.12.2014	% change during last 12 months	30.06.2014
Statement of financial position
Total assets	58 902	4.6	56 305	7.1	55 000
Average assets	57 075	4.8	54 455	5.8	53 923
Loans to and receivables from customers	50 458	3.2	48 884	7.9	46 766
Deposits from customers	29 959	5.5	28 389	3.0	29 095

	Q2 2015	Q2 2014	30.06.2015	30.06.2014	2014
Key figures
Return on equity (annualised)	11.5	12.1	11.6	12.1	14.0
Costs as a percentage of income	42.7	43.4	43.2	43.6	40.1
Losses as a percentage of loans 1.1/start of the period	0.06	0.06	0.06	0.06	0.05
Problem loans as a percentage of loans (prior to impairment)	0.74	1.11	0.74	1.11	0.80
Problem loans as a percentage of loans (after impairment)	0.52	0.76	0.52	0.76	0.51
Deposits to lending ratio as a percentage	59.4	62.2	59.4	62.2	58.1
Core capital as a percentage 1) 2)	15.8	15.2	15.8	15.2	14.4
Core tier 1 capital as a percentage 1) 2)	13.5	12.3	13.5	12.3	12.0
Man-years	385	380	385	380	383
Equity Certificates:
Profit per EC (Group) (NOK)	6.75	6.60	13.50	13.15	31.20
Profit per EC (Parent Bank) (NOK)	4.60	4.20	18.15	15,95 4)	29.10
EC fraction 1.1 as a percentage (Parent Bank)	49.6	49.6	49.6	49.6	49.6
Price at Oslo Stock Exchange (NOK)	226	198.5	226	198.5	216
Price/Book value (P/B) (Group) 3)	0.93	0.86	0.93	0.86	0.89
1) Sparebanken Møre's capital requirements have been based on IRB-Foundation for corporate commitments from 30th June 2014 and IRB-Retail for retail commitments from 31st March 2015.
2) Incl. 50 per cent of profit after tax
3) Incl. 100 per cent of profit after tax
4) Profit per EC incl. profit from the sale of Nets AS, amounts to NOK 20.25.