Statement of income - Group

Add to My Report Print

STATEMENT OF INCOME - GROUP (COMPRESSED)
(NOK million)	Note	Q3 2022	Q3 2021	30.09.2022	30.09.2021	2021
Interest income from assets at amortised cost		616	400	1 582	1 178	1 583
Interest income from assets at fair value		86	28	215	97	140
Interest expenses		304	108	712	344	457
Net interest income	3	398	320	1 085	931	1 266
Commission income and revenues from banking services		64	58	180	166	226
Commission expenses and charges from banking services		8	9	25	28	34
Other operating income		9	7	24	19	26
Net commission and other operating income	7	65	56	179	157	218
Dividends		0	1	1	2	3
Net change in value of financial instruments		-30	12	-43	57	40
Net result from financial instruments	7	-30	13	-42	59	43
Total other income	7	35	69	137	216	261
Total income		433	389	1 222	1 147	1 527
Salaries, wages etc.		103	88	308	263	360
Depreciation and impairment of non-financial assets		12	11	34	34	45
Other operating expenses		64	59	189	174	240
Total operating expenses	8	179	158	531	471	645
Profit before impairment on loans		254	231	691	676	882
Impairment on loans, guarantees etc.	5	2	2	-6	44	49
Pre-tax profit		252	229	697	632	833
Taxes		63	53	162	143	191
Profit after tax		189	176	535	489	642
Allocated to equity owners		182	170	515	472	619
Allocated to owners of Additional Tier 1 capital		7	6	20	17	23

Profit per EC (NOK) 1) *		1.82	8.60	5.17	23.71	31.10
Diluted earnings per EC (NOK) 1) *		1.82	8.60	5.17	23.71	31.10
Distributed dividend per EC (NOK)		0.00	0.00	16.00	4.50	13.50
* The figures for 2022 are calculated based on a split where the number of equity cerfitcates increased from 9,886,954 to 49,434,770.

STATEMENT OF COMPREHENSIVE INCOME - GROUP (COMPRESSED)
(NOK million)		Q3 2022	Q3 2021	30.09.2022	30.09.2021	2021
Profit after tax		189	176	535	489	642
Items that may subsequently be reclassified to the income statement:
Basisswap spreads - changes in value		26	6	58	-5	3
Tax effect of changes in value on basisswap spreads		-6	-1	-13	1	-1
Items that will not 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		209	181	580	485	653
Allocated to equity owners		202	175	560	468	630
Allocated to owners of Additional Tier 1 capital		7	6	20	17	23
1) Calculated using the EC-holders' share (49.7 %) of the period's profit to be allocated to equity owners.