Parent bank |
|
|
Group |
2010 |
31 March 2010 |
31 March 2011 |
(NOK million) |
Note |
31 March 2011 |
31 March 2010 |
2010 |
3,226 |
724 |
870 |
Interest income |
|
886 |
748 |
3,315 |
2,110 |
449 |
560 |
Interest expenses |
|
559 |
449 |
2,105 |
1,116 |
274 |
311 |
Net interest |
|
327 |
300 |
1,210 |
573 |
137 |
141 |
Commission income |
|
192 |
178 |
766 |
74 |
17 |
16 |
Commission expenses |
|
18 |
18 |
81 |
24 |
3 |
8 |
Other operating income |
|
47 |
35 |
170 |
524 |
124 |
132 |
Commission income and other income |
|
221 |
194 |
855 |
191 |
33 |
6 |
Dividends |
|
3 |
1 |
43 |
- |
- |
- |
Income from investment in related companies |
|
54 |
41 |
249 |
221 |
7 |
42 |
Net return on financial investments |
12,13 |
62 |
-6 |
197 |
411 |
40 |
47 |
Net return on financial investments |
|
118 |
36 |
490 |
2,051 |
438 |
490 |
Total income |
|
666 |
529 |
2,555 |
493 |
145 |
142 |
Staff costs |
12 |
198 |
195 |
711 |
278 |
66 |
68 |
Administration costs |
|
86 |
83 |
339 |
171 |
38 |
53 |
Other operating expenses |
|
65 |
44 |
218 |
942 |
249 |
263 |
Total operating expenses before write-back of early retirement liabilities (AFP) in 2010 |
|
348 |
323 |
1,268 |
-117 |
-106 |
- |
Write-back of early retirement liabilities (AFP) in 2010 |
|
- |
-117 |
-128 |
825 |
143 |
263 |
Total operating expenses |
|
348 |
206 |
1,140 |
1,226 |
295 |
227 |
Result before losses |
|
318 |
323 |
1,414 |
108 |
56 |
-10 |
Loss on loans, guarantees etc. |
1 |
-6 |
68 |
132 |
1,118 |
239 |
237 |
Result before tax |
11 |
325 |
255 |
1,282 |
235 |
61 |
65 |
Tax charge |
|
70 |
67 |
260 |
882 |
178 |
172 |
Net profit |
|
255 |
188 |
1,022 |
|
|
|
Majority share |
|
248 |
188 |
1,017 |
|
|
|
Minority interest |
|
6 |
1 |
5 |
|
|
|
|
|
|
|
|
|
|
|
Profit per ECC |
|
1.64 |
1.09 |
6.43 |
Other comprehensive income*
Parent bank |
|
|
Group |
2010 |
31 March 2010 |
31 March 2011 |
(NOK million) |
31 March 2011 |
31 March 2010 |
2010 |
882 |
178 |
172 |
Net profit |
255 |
188 |
1,022 |
- |
- |
- |
Available-for-sale financial assets |
9 |
- |
- |
|
|
|
Share of other comprehensive income of |
|
|
|
- |
- |
- |
associates and joint venture |
6 |
-19 |
-29 |
- |
- |
- |
Other comprehensive income |
15 |
-19 |
-29 |
882 |
178 |
172 |
Total comprehensive income |
270 |
169 |
993 |
|
|
|
Majority share of comprehensive income |
263 |
169 |
987 |
|
|
|
Minority interest of comprehensive income |
6 |
1 |
5 |
* Other comprehensive income comprise items reflected directly in equity capital that are not transactions with owners, cf. IAS 1
Key figures
Parent bank |
|
|
Group |
2010 |
31 March 2010 |
31 March 2011 |
Result as per cent of average total assets: |
31 March 2011 |
31 March 2010 |
2010 |
1.24 |
1.32 |
1.31 |
Net interest |
1.36 |
1.41 |
1.33 |
0.58 |
0.59 |
0.56 |
Commission income and other income |
0.92 |
0.92 |
0.94 |
0.46 |
0.19 |
0.20 |
Net return on financial investments |
0.49 |
0.17 |
0.54 |
1.11 |
1.19 |
1.11 |
Total operating expenses before write-back of early retirement liabilities (AFP) in 2010 |
1.45 |
1.52 |
1.50 |
1.36 |
1.42 |
0.96 |
Result before losses |
1.32 |
1.53 |
1.55 |
0.12 |
0.27 |
-0.04 |
Loss on loans, guarantees etc. |
-0.03 |
0.32 |
0.15 |
1.24 |
1.15 |
1.00 |
Result before tax |
1.35 |
1.20 |
1.40 |
0.40 |
0.57 |
0.54 |
Cost (before write-back og early retirement liabilities)-income ratio |
0.52 |
0.61 |
0.45 |
64 % |
63 % |
65 % |
Loan-to-deposit ratio |
63 % |
61 % |
61 % |
15.1 % |
14.0 % |
10.7 % |
Return on equity |
13.2 % |
12.1 % |
14.6 % |