| STATEMENT OF INCOME - PARENT BANK (COMPRESSED) | |
|---|
| (NOK million) | Q4 2025 | Q4 2024 | 2025 | 2024 |
|---|
| Interest income from assets at amortised cost | 846 | 865 | 3 434 | 3 524 |
| Interest income from assets at fair value | 184 | 205 | 754 | 702 |
| Interest expenses | 606 | 614 | 2 513 | 2 434 |
| Net interest income | 424 | 456 | 1 675 | 1 792 |
| Commission income and revenues from banking services | 87 | 76 | 305 | 271 |
| Commission expenses and expenditure from banking services | 9 | 10 | 33 | 39 |
| Other operating income | 17 | 18 | 63 | 58 |
| Net commission and other operating income | 95 | 84 | 335 | 290 |
| Dividends | -163 | 7 | 6 | 146 |
| Net change in value of financial instruments | 192 | -19 | 231 | 52 |
| Net result from financial instruments | 29 | -12 | 237 | 198 |
| Total other income | 124 | 72 | 572 | 488 |
| Total income | 548 | 528 | 2 247 | 2 280 |
| Salaries, wages etc. | 122 | 123 | 508 | 494 |
| Depreciation and impairment of non-financial assets | 16 | 17 | 66 | 65 |
| Other operating expenses | 94 | 81 | 368 | 347 |
| Total operating expenses | 232 | 221 | 942 | 906 |
| Profit before impairment on loans | 316 | 307 | 1 305 | 1 374 |
| Impairment on loans, guarantees etc. | -8 | 24 | 41 | 37 |
| Pre-tax profit | 324 | 283 | 1 264 | 1 337 |
| Taxes | 81 | 72 | 264 | 292 |
| Profit after tax | 243 | 211 | 1 000 | 1 045 |
| Allocated to equity owners | 228 | 195 | 940 | 982 |
| Allocated to owners of Additional Tier 1 capital | 15 | 16 | 60 | 63 |
| | | | | |
| Profit per EC (NOK) 1) | 2.26 | 1.65 | 9.28 | 9.55 |
| Diluted earnings per EC (NOK) 1) | 1.84 | 1.65 | 9.28 | 9.55 |
| Distributed dividend per EC (NOK) | 0.00 | 0.00 | 6.25 | 7.50 |
| | | | | |
| STATEMENT OF COMPREHENSIVE INCOME - PARENT BANK (COMPRESSED) | |
|---|
| (NOK million) | Q4 2025 | Q4 2024 | 2025 | 2024 |
|---|
| Profit after tax | 243 | 211 | 1 000 | 1 045 |
| Items that may subsequently be reclassified to the income statement: | | | | |
| Basisswap spreads - changes in value | 0 | 0 | 0 | 0 |
| Tax effect of changes in value on basisswap spreads | 0 | 0 | 0 | 0 |
| Items that will not be reclassified to the income statement: | | | | |
| Pension estimate deviations | -1 | 9 | -1 | 9 |
| Tax effect of pension estimate deviations | 0 | -2 | 0 | -2 |
| Total comprehensive income after tax | 242 | 218 | 999 | 1 052 |
| Allocated to equity owners | 227 | 202 | 939 | 989 |
| Allocated to owners of Additional Tier 1 capital | 15 | 16 | 60 | 63 |
| 1) Calculated using the EC-holders' share (49.1 %) of the period's profit to be allocated to equity owners (48.4 % per 31.12.2024) |