Note 7 - Losses

Parent bank   Group
31 Dec 2013 31 Mar 2013 31 Mar 2014 (NOKm) 31 Mar 2014 31 Mar 2013 31 Dec 2013
129 129 150 Individual write-downs to cover loss on loans at 01.01* 173 144 144
12 3 3 + Increased write-downs on provisions previously written down 3 3 15
16 3 2 - Reversal of provisions from previous periods 2 4 18
59 18 15 + Write-downs on provisions not previously written down 16 19 71
34 18 10 - Actual losses during the period for which provisions for individual impairment losses have been made previously 16 21 40
150 128 156 Specification of loss provisions at end of period 173 143 173
73 18 11 Actual losses 19 21 85
*) Individually assessed impairment write-downs on guarantees, totalling NOK 1m, are shown in the balance sheet as a liability under 'Other liabilities'.

Report and notes

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