Statement of income - Group

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STATEMENT OF INCOME - GROUP (COMPRESSED)
(NOK million)	Note	Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Interest income from assets at amortised cost		389	533	1 374	1 500	2 085
Interest income from assets at fair value		34	75	162	186	243
Interest expenses		117	257	622	711	1 014
Net interest income	9	306	351	914	975	1 314
Commission income and revenues from banking services		52	57	156	162	221
Commission costs and charges from banking services		6	6	19	19	26
Other operating income		7	4	20	16	24
Net commission and other operating income		53	55	157	159	219
Dividends		0	1	6	6	12
Net gains/losses on financial instruments	5	24	7	50	53	62
Net return on financial instruments		24	8	56	59	74
Total income		383	414	1 127	1 193	1 607
Wages, salaries etc.		81	88	251	263	354
Administration costs		32	35	112	109	143
Depreciation and impairment		11	11	35	33	50
Other operating costs		25	27	75	73	99
Total operating costs		149	161	473	478	646
Profit before impairment on loans		234	253	654	715	961
Impairment on loans, guarantees etc.	3	36	16	114	35	50
Pre-tax profit		198	237	540	680	911
Taxes		45	56	120	156	200
Profit after tax		153	181	420	524	711
Allocated to equity owners		148	174	399	509	688
Allocated to owners of Additional Tier 1 capital		5	7	21	15	23

Profit per EC (NOK) 1)		7.38	8.80	20.00	25.60	34.50
Diluted earnings per EC (NOK) 1)		7.38	8.80	20.00	25.60	34.50
Distributed dividend per EC (NOK)		0.00	0.00	14.00	15.50	15.50


STATEMENT OF COMPREHENSIVE INCOME - GROUP (COMPRESSED)
(NOK million)		Q3 2020	Q3 2019	30.09.2020	30.09.2019	2019
Profit after tax		153	181	420	524	711
Items that may subsequently be reclassified to the income statement:
Basisswap spreads - changes in value		-7	-1	-7	1	2
Tax effect of changes in value on basisswap spreads		1	1	1	0	0
Items that will not subsequently be reclassified to the income statement:
Pension estimate deviations		0	0	0	0	-29
Tax effect of pension estimate deviations		0	0	0	0	7
Total comprehensive income after tax		147	181	414	525	691
Allocated to equity owners		142	174	393	510	668
Allocated to owners of Additional Tier 1 capital		5	7	21	15	23
1) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners.