Note 9

Transactions with related parties
These are transactions between the Parent Bank and wholly-owned subsidiaries which have been done at arm`s length and at arm`s length`s prices.
The most important transactions which have been done and netted out in the Group accounts are as follows:
PARENT BANK30.09.201631.12.2015
Statement of income  
Interest and credit commission income from subsidiaries2719
Received dividend and group contribution from subsidiaries176191
Rent paid to Sparebankeiendom AS1618
Administration fee received from Møre Boligkreditt AS2624
Statement of financial position  
Claims on subsidiaries1 2701 121
Covered bonds2 1860
Liabilities to subsidiaries284307
Accumulated loan portfolio transferred to Møre Boligkreditt AS19 81516 911