These are transactions between the Parent Bank and wholly-owned subsidiaries based on the arm`s length principles. |
The most important transactions eliminated in the Group accounts: |
PARENT BANK | 30.06.2018 | 30.06.2017 | 31.12.2017 |
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Statement of income | | | |
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Interest and credit commission income from subsidiaries | 15 | 20 | 28 |
Received dividend and group contribution from subsidiaries | 152 | 156 | 156 |
Rent paid to Sparebankeiendom AS | 9 | 8 | 17 |
Administration fee received from Møre Boligkreditt AS | 17 | 15 | 30 |
| | | |
Statement of financial position | | | |
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Claims on subsidiaries | 1 173 | 1 235 | 1 328 |
Covered bonds | 2 214 | 150 | 425 |
Liabilities to subsidiaries | 1 104 | 162 | 102 |
Accumulated loan portfolio transferred to Møre Boligkreditt AS | 23 878 | 20 540 | 21 164 |