Note 8

Operating segments

Result - Q3 2016	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Net interest income	278	-5	107	176	0
Other operating income	74	22	21	26	5
Total income	352	17	128	202	5
Operating costs	148	26	29	88	5
Profit before impairment	204	-9	99	114	0
Impairment on loans, guarantees etc.	5	5	0	0	0
Pre tax profit	199	-14	99	114	0
Taxes	47
Profit after tax	152


Result - 30.09.2016	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Net interest income	803	-35	325	513	0
Other operating income	236	88	64	71	13
Total income	1 039	53	389	584	13
Operating costs	443	83	85	261	14
Profit before impairment	596	-30	304	323	-1
Impairment on loans, guarantees etc.	0	5	-1	-4	0
Pre tax profit	596	-35	305	327	-1
Taxes	138
Profit after tax	458


Key figures - 30.09.2016	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Loans to customers 1)	51 753	885	15 194	35 674	0
Deposits from customers 1)	32 350	555	11 994	19 801	0
Guarantee liabilities	1 642	0	1 634	8	0
The deposit-to-loan ratio	62,5	62,7	78,9	55,5	0
Man-years	378	152	54	158	14


Result - Q3 2015	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Net interest income	283	-3	120	166	0
Other operating income	33	-28	24	32	5
Total income	316	-31	144	198	5
Operating costs	146	21	31	90	4
Profit before impairment	170	-52	113	108	1
Impairment on loans, guarantees etc.	10	37	-26	-1	0
Pre tax profit	160	-89	139	109	1
Taxes	46
Profit after tax	114


Result - 30.09.2015	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Net interest income	813	-16	351	478	0
Other operating income	165	-2	69	82	16
Total income	978	-18	420	560	16
Operating costs	437	75	85	263	14
Profit before impairment	541	-93	335	297	2
Impairment on loans, guarantees etc.	25	71	-44	-2	0
Pre tax profit	516	-164	379	299	2
Taxes	141
Profit after tax	375


Key figures - 30.09.2015	Group	Eliminations/ other	Corporate	Retail 1)	Real estate brokerage
Loans to customers 1)	51 419	1 047	16 872	33 500	0
Deposits from customers 1)	29 286	1 061	9 361	18 864	0
Guarantee liabilities	1 708	0	1 700	8	0
The deposit-to-loan ratio	57,0	101,3	55,5	56,3	0
Man-years	388	154	55	164	15

1) The subsidiary, Møre Boligkreditt AS, is part of the Bank’s Retail segment. The mortgage company's main objective is to issue covered bonds for both national and international investors, and the company is part of Sparebanken Møre's long-term financing strategy. Key figures for Møre Boligkreditt AS are displayed in a separate table.

Statement of income	Q3 2016	Q3 2015
	MØRE BOLIGKREDITT AS
Net interest income	61	66
Other operating income	1	-3
Total income	62	63
Operating costs	8	7
Profit before impairment on loans	54	56
Impairment on loans, guarantees etc.	0	0
Pre tax profit	54	56
Taxes	13	15
Profit after tax	41	41


Statement of income	30.09.2016	30.09.2015
Net interest income	183	208
Other operating income	6	4
Total income	189	212
Operating costs	25	23
Profit before impairment on loans	164	189
Impairment on loans, guarantees etc.	0	2
Pre tax profit	164	187
Taxes	41	50
Profit after tax	123	137


Statement of financial position	30.09.2016	30.09.2015
Loans to and receivables from customers	18 005	16 940
Total equity	1 476	1 290