Statement of income - Parent Bank

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STATEMENT OF INCOME - PARENT BANK
(NOK million)	Q3 2018	Q3 2017	30.09.2018	30.09.2017	2017
Interest income from assets at amortised cost	295	284	878	833	1 116
Interest income from assets at fair value	50	39	138	134	172
Interest costs	120	110	348	341	447
Net interest income	225	213	668	626	841
Commission income and revenues from banking services	55	52	157	146	195
Commission costs and expenditure from banking services	6	8	20	20	26
Other operating income	9	11	27	26	36
Net commission and other operating income	58	55	164	152	205
Dividends	0	1	154	158	158
Net gains/losses from financial instruments	4	5	34	52	60
Net return from financial instruments	4	6	188	210	218
Total income	287	274	1 020	988	1 264
Wages, salaries etc.	84	81	246	244	322
Administration costs	30	29	98	97	127
Depreciation and impairment	7	7	20	20	27
Other operating costs	28	24	74	70	95
Total operating costs	149	141	438	431	571
Profit before impairment on loans	138	133	582	557	693
Impairment on loans, guarantees etc.	9	6	7	14	16
Pre-tax profit	129	127	575	543	677
Taxes	29	32	101	98	133
Profit after tax	100	95	474	445	544
Allocated to equity owners	98	91	465	441	538
Allocated to owners of Additional Tier 1 capital	2	4	9	4	6

Profit per EC (NOK) 1)	4.90	4.75	23.30	22.30	27.00
Diluted earnings per EC (NOK) 1)	4.90	4.75	23.30	22.30	27.00
Distributed dividend per EC (NOK)	0.00	0.00	14.00	14.00	14.00


STATEMENT OF COMPREHENSIVE INCOME - PARENT BANK
(NOK million)	Q3 2018	Q3 2017	30.09.2018	30.09.2017	2017
Profit after tax	100	95	474	445	544
Items that may subsequently be reclassified to the income statement:
Equities available for sale - changes in value	-	0	0	6	27
Basis swap spreads - changes in value 3)	0		0	-	-
Tax effect of changes in value on basis swap spreads	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	100	95	474	451	562
Allocated to equity owners	98	91	465	447	556
Allocated to owners of Additional Tier 1 capital	2	4	9	4	6
1) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners.
2) The category Available for sale does not exist in IFRS 9. Shares and other securities are as of 1 January 2018 assessed at fair value with any changes in value recognised in the income statement under Net gains/losses from financial instruments.
3) Change in value on the Group's basis swaps inherent in hedging instruments, has up to 31.12.2017 been recognised in the income statement. As of 01.01.2018, changes in value on basis swaps due to changes in basis swap spreads, will be recognised in OCI as a cost of hedging.