Statement of income - Parent Bank

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STATEMENT OF INCOME - PARENT BANK (COMPRESSED)
(NOK million)	Q2 2019	Q2 2018	30.06.2019	30.06.2018	2018
Interest income from assets at amortised cost	341	294	651	583	1 194
Interest income from assets at fair value	51	48	105	88	186
Interest costs	147	118	277	228	472
Net interest income	245	224	479	443	908
Commission income and revenues from banking services	54	53	104	102	208
Commission costs and expenditure from banking services	6	7	13	14	25
Other operating income	9	10	18	18	36
Net commission and other operating income	57	56	109	106	219
Dividends	4	1	177	154	154
Net gains/losses from financial instruments	21	28	47	34	40
Net return from financial instruments	25	29	224	188	194
Total income	327	309	812	737	1 321
Wages, salaries etc.	85	81	167	162	327
Administration costs	36	30	74	68	132
Depreciation and impairment	13	6	26	13	27
Other operating costs	18	26	37	46	99
Total operating costs	152	143	304	289	585
Profit before impairment on loans	175	166	508	448	736
Impairment on loans, guarantees etc.	8	-4	22	2	14
Pre tax profit	167	170	486	446	722
Taxes	39	38	74	72	146
Profit after tax	128	132	412	374	576
Allocated to equity owners	125	128	406	367	565
Allocated to owners of Additional Tier 1 capital	3	4	6	7	11

Profit per EC (NOK) 1)	6.20	6.40	20.35	18.40	28.35
Diluted earnings per EC (NOK) 1)	6.20	6.40	20.35	18.40	28.35
Distributed dividend per EC (NOK)	15.50	0.00	15.50	0.00	15.50


STATEMENT OF COMPREHENSIVE INCOME - PARENT BANK (COMPRESSED)
(NOK million)	Q2 2019	Q2 2018	30.06.2018	30.06.2018	2018
Profit after tax	128	132	412	374	576
Items that may subsequently be reclassified to the income statement:
Basisswap spreads - changes in value	0	0	0	0	0
Tax effect of changes in value on basisswap spreads	0	0	0	0	0
Items that will not subsequently be reclassified to the income statement:
Pension estimate deviations	0	0	0	0	12
Tax effect of pension estimate deviations	0	0	0	0	-3
Total comprehensive income after tax	128	132	412	374	585
Allocated to equity owners	125	128	406	367	574
Allocated to owners of Additional Tier 1 capital	3	4	6	7	11
1) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners.