Group 31 March 2011 | ||||||||||
Profit and loss account (NOK million) | RM | CM | Markets | EM 1 | SP1F | Allegro | MNR | Uncollated | Total | |
Net interest | 134 | 191 | 4 | 1 | 22 | - | - | -25 | 327 | |
Allocated | 10 | 27 | 1 | - | - | - | - | -37 | 0 | |
Total interest income | 144 | 218 | 4 | 1 | 22 | - | - | -63 | 327 | |
Commission income and other income | 89 | 36 | 4 | 64 | 2 | 3 | 18 | 5 | 221 | |
Net return on financial investments **) | 1 | 5 | 12 | 0 | 0 | 0 | - | 100 | 118 | |
Total income *) | 234 | 259 | 21 | 65 | 24 | 3 | 18 | 43 | 666 | |
Total operating expenses | 150 | 86 | 20 | 52 | 12 | 4 | 16 | 8 | 348 | |
Ordinary operating profit | 84 | 173 | 0 | 12 | 13 | -1 | 2 | 35 | 318 | |
Loss on loans, guarantees etc. | 1 | -11 | 0 | 0 | 4 | 0 | 0 | 0 | -6 | |
Result before tax | 83 | 183 | 0 | 12 | 9 | -1 | 2 | 35 | 325 | |
Post-tax return on equity | 22.7 % | 18.9 % | 13.2 % | |||||||
Balance (NOK million) | ||||||||||
Loans and advances to customers | 47,919 | 36,485 | - | - | 2,954 | - | - | 1,249 | 88,606 | |
adv. of this to Boligkreditt | -19,118 | -229 | - | - | - | - | - | -706 | -20,054 | |
Individual allowance for impairment on loan | -29 | -153 | - | - | -35 | - | - | - | -217 | |
Group allowance for impairment on loan | - | - | - | - | -16 | - | - | -273 | -290 | |
Other assets | 194 | 158 | - | 89 | -2,436 | 16 | 15 | 28,372 | 26,409 | |
Total assets | 28,966 | 36,261 | - | 89 | 466 | 16 | 15 | 28,642 | 94,455 | |
Deposits to customers | 19,317 | 21,801 | - | - | - | - | - | 1,782 | 42,900 | |
Other liabilities and equity | 9,649 | 14,460 | - | 89 | 466 | 16 | 15 | 26,859 | 51,555 | |
Total liabilites | 28,966 | 36,261 | - | 89 | 466 | 16 | 15 | 28,642 | 94,455 |
Group 31 March 2010 | ||||||||||
Profit and loss account (NOK million) | RM | CM | Markets | EM 1 | SP1F | Allegro | MNR | Uncollated | Total | |
Net interest | 129 | 175 | 3 | 1 | 25 | - | - | -32 | 300 | |
Allocated | 4 | 10 | 0 | - | - | - | - | -14 | 0 | |
Total interest income | 133 | 185 | 3 | 1 | 25 | - | - | -46 | 300 | |
Commission income and other income | 88 | 30 | 4 | 52 | 1 | 3 | 14 | 2 | 194 | |
Net return on financial investments **) | 0 | 2 | 7 | 0 | 0 | 0 | - | 26 | 36 | |
Total income *) | 220 | 217 | 14 | 53 | 26 | 3 | 14 | -18 | 529 | |
Total operating expenses | 138 | 80 | 19 | 47 | 7 | 4 | 6 | -95 | 206 | |
Ordinary operating profit | 82 | 137 | -5 | 6 | 19 | -1 | 8 | 77 | 323 | |
Loss on loans, guarantees etc. | 3 | 53 | 0 | 0 | 12 | 0 | 0 | 40 | 68 | |
Result before tax | 79 | 84 | -5 | 6 | 7 | -1 | 8 | 37 | 255 | |
Post-tax return on equity | 21.4 % | 8.8 % | 12.1 % | |||||||
Balance (NOK million) | ||||||||||
Loans and advances to customers | 43,823 | 31,597 | - | - | 2,813 | - | - | 1,327 | 79,560 | |
adv. of this to Boligkreditt | -16,883 | -265 | - | - | - | - | - | -525 | -17,673 | |
Individual allowance for impairment on loan | -40 | -157 | - | - | -30 | - | - | -40 | -267 | |
Group allowance for impairment on loan | -108 | -165 | - | - | -18 | - | - | 0 | -292 | |
Other assets | 266 | 145 | - | 100 | 44 | 14 | 12 | 23,049 | 23,630 | |
Total assets | 27,058 | 31,154 | - | 100 | 2,808 | 14 | 12 | 23,811 | 84,958 | |
Deposits to customers | 18,422 | 18,816 | - | - | - | - | - | 368 | 37,606 | |
Other liabilities and equity | 8,636 | 12,338 | - | 100 | 2,808 | 14 | 12 | 23,442 | 47,351 | |
Total liabilites | 27,058 | 31,154 | - | 100 | 2,808 | 14 | 12 | 23,811 | 84,958 |
*) A portion of capital market income (Markets) is distributed on RM and CM
**) Specification of net return on financial investments (NOKm) | 31 March 2011 | 31 March 2010 | ||||
Income from investment in related companies | 54 | 41 | ||||
adv. of this from SpareBank1 Gruppen | 31 | 22 | ||||
adv. of this from BN Bank ASA | 14 | 13 | ||||
adv. of this from Bank 1 Oslo | 4 | 7 | ||||
Net gain and dividends on securities | 30 | -10 | ||||
adv. of this from Midt-Norge Invest | 21 | -12 | ||||
Net gain on bonds | 25 | -3 | ||||
Net gain on trading and derivatives SMN Markets | 10 | 8 | ||||
Net return on financial investments | 118 | 36 |