STATEMENT OF INCOME - PARENT BANK (COMPRESSED) | | |
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(NOK million) | Q3 2024 | Q3 2023 | 30.09.2024 | 30.09.2023 | 2023 |
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Interest income from assets at amortised cost | 911 | 790 | 2 659 | 2 101 | 2 932 |
Interest income from assets at fair value | 159 | 149 | 497 | 388 | 560 |
Interest expenses | 617 | 505 | 1 820 | 1 273 | 1 825 |
Net interest income | 453 | 434 | 1 336 | 1 216 | 1 667 |
Commission income and revenues from banking services | 75 | 67 | 195 | 185 | 257 |
Commission expenses and expenditure from banking services | 9 | 12 | 29 | 31 | 41 |
Other operating income | 11 | 13 | 40 | 37 | 50 |
Net commission and other operating income | 77 | 68 | 206 | 191 | 266 |
Dividends | 3 | 1 | 139 | 154 | 154 |
Net change in value of financial instruments | 24 | 35 | 71 | 36 | 43 |
Net result from financial instruments | 27 | 36 | 210 | 190 | 197 |
Total other income | 104 | 104 | 416 | 381 | 463 |
Total income | 557 | 538 | 1 752 | 1 597 | 2 130 |
Salaries, wages etc. | 125 | 113 | 371 | 330 | 458 |
Depreciation and impairment of non-financial assets | 16 | 15 | 48 | 44 | 59 |
Other operating expenses | 89 | 71 | 266 | 218 | 308 |
Total operating expenses | 230 | 199 | 685 | 592 | 825 |
Profit before impairment on loans | 327 | 339 | 1 067 | 1 005 | 1 305 |
Impairment on loans, guarantees etc. | 17 | 28 | 13 | 57 | -68 |
Pre-tax profit | 310 | 311 | 1 054 | 948 | 1 373 |
Taxes | 74 | 75 | 220 | 190 | 296 |
Profit after tax | 236 | 236 | 834 | 758 | 1 077 |
Allocated to equity owners | 221 | 223 | 787 | 723 | 1 029 |
Allocated to owners of Additional Tier 1 capital | 15 | 13 | 47 | 35 | 48 |
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Profit per EC (NOK) 1) * | 2.21 | 2.25 | 7.90 | 7.27 | 10.34 |
Diluted earnings per EC (NOK) 1) * | 2.21 | 2.25 | 7.90 | 7.27 | 10.34 |
Distributed dividend per EC (NOK) | 0.00 | 0.00 | 7.50 | 4.00 | 4.00 |
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STATEMENT OF COMPREHENSIVE INCOME - PARENT BANK (COMPRESSED) | | |
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(NOK million) | Q3 2024 | Q3 2023 | 30.09.2024 | 30.09.2023 | 2023 |
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Profit after tax | 236 | 236 | 834 | 758 | 1 077 |
Items that may subsequently be reclassified to the income statement: | | | | | |
Basisswap spreads - changes in value | 0 | 0 | 0 | 0 | 0 |
Tax effect of changes in value on basisswap spreads | 0 | 0 | 0 | 0 | 0 |
Items that will not be reclassified to the income statement: | | | | | |
Pension estimate deviations | 0 | 0 | 0 | 0 | 1 |
Tax effect of pension estimate deviations | 0 | 0 | 0 | 0 | 0 |
Total comprehensive income after tax | 236 | 236 | 834 | 758 | 1 078 |
Allocated to equity owners | 221 | 223 | 787 | 723 | 1 030 |
Allocated to owners of Additional Tier 1 capital | 15 | 13 | 47 | 35 | 48 |
1) Calculated using the EC-holders' share (49.7 %) of the period's profit to be allocated to equity owners. | | |