Profit performance - Group

QUARTERLY PROFIT
(NOK million)	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019
Net interest income	306	266	342	339	351
Other operating income	77	124	12	75	63
Total operating costs	149	157	167	168	161
Profit before impairment on loans	234	233	187	246	253
Impairment on loans, guarantees etc.	36	42	36	15	16
Pre-tax profit	198	191	151	231	237
Tax	45	41	34	41	56
Profit after tax	153	150	117	190	181

As a percentage of average assets
Net interest income	1.54	1.35	1.80	1.79	1.91
Other operating income	0.39	0.63	0.06	0.40	0.34
Total operating costs	0.75	0.80	0.88	0.89	0.87
Profit before impairment on loans	1.18	1.18	0.98	1.30	1.38
Impairment on loans, guarantees etc.	0.18	0.21	0.19	0.08	0.09
Pre-tax profit	1.00	0.97	0.79	1.22	1.29
Tax	0.22	0.21	0.18	0.21	0.31
Profit after tax	0.78	0.76	0.61	1.01	0.98