Financial hightlights - Group

	Q2 2017		Q2 2016		30.06.2017		30.06.2016		2016
Income statement
	NOK million	%	NOK million	%	NOK million	%	NOK million	%	NOK million	%
Net interest income	268	1.71	268	1.79	529	1.69	538	1.80	1 082	1.79
Net commission and other operating income	50	0.32	46	0.30	92	0.30	88	0.29	182	0.30
Net return from financial investments	13	0.08	60	0.40	37	0.12	74	0.25	99	0.16
Total income	331	2.11	374	2.49	658	2.11	700	2.34	1 363	2.25
Total operating costs	151	0.96	147	0.98	301	0.96	295	0.98	586	0.97
Profit before impairment on loans	180	1.15	227	1.51	357	1.15	405	1.36	777	1.28
Impairment on loans, guarantees etc.	6	0.03	-3	-0.02	8	0.03	-5	-0.02	22	0.04
Pre tax profit	174	1.12	230	1.53	349	1.12	410	1.38	755	1.24
Tax	44	0.28	49	0.33	88	0.27	95	0.32	181	0.30
Profit after tax	130	0.84	181	1.20	261	0.85	315	1.06	574	0.94

NOK million	30.06.2017	% change YTD 2017	31.12.2016	% change during last 12 months	30.06.2016
Statement of financial position
Total assets	65 652	6.6	61 593	6.4	61 712
Average assets	62 446	3.2	60 525	4.3	59 900
Loans to and receivables from customers	56 040	6.4	52 691	9.5	51 192
Gross loans to retail customers	38 634	4.0	37 133	8.0	35 787
Gross loans to corporate and public entities	17 524	11.4	15 734	13.3	15 467
Deposits from customers	33 514	2.9	32 562	6.1	31 595
Deposits from retail customers	20 078	7.5	18 675	6.9	18 783
Deposits from corporate and public entities	13 332	-3.9	13 877	4.9	12 706

	Q2 2017	Q2 2016	30.06.2017	30.06.2016	2016
Key figures
Return on equity (annualised)	10.0	14.7	10.0	12.9	11.6
Costs as a percentage of income	45.6	39.2	45.7	42.1	43.0
Losses as a percentage of loans 1.1/start of the period	0.04	-0.02	0.03	-0.02	0.04
Problem loans as a percentage of loans (prior to impairment)	0.64	0.39	0.64	0.39	1.16
Problem loans as a percentage of loans (after impairment)	0.46	0.25	0.46	0.25	1.01
Deposits to lending ratio as a percentage	59.8	61.7	59.8	61.7	61.8
Liquidity Coverage Ratio (LCR)	132	126	132	126	91
Lending growth as a percentage	3.8	-0.5	9.5	1.5	2.7
Deposit growth as a percentage	2.6	6.2	6.1	5.5	10.8
Capital adequacy ratio 1) 2)	18.9	18.5	18.9	18.5	18.6
Core capital as a percentage 1) 2)	16.9	17.0	16.9	17.0	17.0
Core Tier 1 capital as a percentage 1) 2)	14.3	14.5	14.3	14.5	14.6
Leverage Ratio (LR)	8.3	7.8	8.3	7.8	8.5
Man-years	364	381	364	381	378

	30.06.2017	30.06.2016	2016	2015	2014	2013
Equity Certificates (ECs)
Profit per EC (Group) (NOK)	13.10	15.80	28.80	25.25	31.20	21.65
Profit per EC (Parent Bank) (NOK)	17.60	20.60	29.85	25.70	29.10	18.45
EC fraction 1.1 as a percentage (Parent Bank)	49.6	49.6	49.6	49.6	49.6	47.7
Number of ECs issued (NOK million)	988.70	988.70	988.70	988.70	988.70	988.70
Price at Oslo Stock Exchange (NOK)	244	179	254	188	216	198
Stock market value (NOK million)	2 412	1 770	2 511	1 859	2 136	1 958
Book value per EC (Group) (NOK)	270	257	271	253	242	223
Dividend per EC (NOK)	14.00	11.50	14.00	11.50	13.50	8.00
Price/Earnings (Group, annualised)	9.3	5.8	8.8	7.3	7.4	10.7
Price/Book value (P/B) (Group) 3)	0.90	0.70	0.94	0.74	0.89	0.89
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