Note 3 - Account by business line

	Group 30 June 2011
Profit and loss account (NOK million)	RM	CM	Markets	EM 1	SMN Finans	Allegro	SMN Regnskap	Uncollated	Total
Net interest	261	378	6	2	48	0	0	-51	645
Allocated	17	56	2	-	-	-	-	-75	-
Total interest income	278	434	8	2	48	0	0	-126	645
Commission income and other income	179	70	9	144	-1	6	36	11	453
Net return on financial investments **)	1	11	25	-0	1	-	-	206	243
Total income *)	458	514	42	146	48	7	36	91	1,341
Total operating expenses	303	174	39	113	23	8	31	18	708
Ordinary operating profit	156	340	2	33	25	-1	5	72	633
Loss on loans, guarantees etc.	3	-19	-	-	8	-	-	-0	-7
Result before tax	153	359	2	33	17	-1	5	72	640
Post-tax return on equity	24.7 %	18.0 %							13.0 %

Balance (NOK million)
Loans and advances to customers	49,317	37,245	-	-	2,940	-	-	1,438	90,939
adv. of this to Boligkreditt	-21,372	-249	-	-	-	-	-	-759	-22,379
Individual allowance for impairment on loan	-41	-100	-	-	-36	-	-	-	-177
Group allowance for impairment on loan	-	-	-	-	-16	-	-	-273	-290
Other assets	207	179	-	167	-2,479	16	24	32,209	30,323
Total assets	28,111	37,074	-	167	408	16	24	32,615	98,415

Deposits to customers	20,661	23,640	-	-	-	-	-	1,688	45,990
Other liabilities and equity	7,450	13,434	-	167	408	16	24	30,926	52,425
Total liabilites	28,111	37,074	-	167	408	16	24	32,615	98,415

	Group 30 June 2010
Profit and loss account (NOK million)	RM	CM	Markets	EM 1	SMN Finans	Allegro	SMN Regnskap	Uncollated	Total
Net interest	257	346	9	1	50	1	0	-67	597
Allocated	6	18	1	-	-	-	-	-25	-
Total interest income	264	364	10	1	50	1	0	-92	597
Commission income and other income	183	66	17	121	3	6	28	-2	423
Net return on financial investments **)	1	8	13	-	0	-	-	145	167
Total income *)	448	438	40	123	53	7	28	51	1,187
Total operating expenses	276	154	38	93	16	7	18	-92	509
Ordinary operating profit	172	284	2	30	37	-1	10	143	678
Loss on loans, guarantees etc.	4	75	-	-	16	-	-	0	96
Result before tax	168	209	2	30	21	-1	10	143	582
Post-tax return on equity	23.5 %	10.5 %							13.7 %

Balance (NOK million)
Loans and advances to customers	44,909	34,600	-	-	2,813	-	-	1,445	83,767
adv. of this to Boligkreditt	-18,437	-251	-	-	-	-	-	-688	-19,377
Individual allowance for impairment on loan	-38	-206	-	-	-30	-	-	-5	-279
Group allowance for impairment on loan	-108	-165	-	-	-18	-	-	3	-289
Other assets	210	156	-	100	44	14	12	29,465	30,002
Total assets	26,536	34,132	-	100	2,808	14	12	30,220	93,823

Deposits to customers	19,728	21,076	-	-	-	-	-	469	41,273
Other liabilities and equity	6,808	13,056	-	100	2,808	14	12	29,751	52,550
Total liabilites	26,536	34,132	-	100	2,808	14	12	30,220	93,823

*) A portion of capital market income (Markets) is distributed on RM and CM

**) Specification of net return on financial investments (NOKm)	30 June 2011	30 June 2010
Income from investment in related companies	122	98
adv. of this from SpareBank1 Gruppen	50	52
adv. of this from BN Bank	44	19
adv. of this from Bank 1 Oslo Akershus	9	24
Net gain and dividends on securities	39	40
adv. of this from Midt-Norge Invest	30	-24
Net gain on bonds	56	13
Net gain on trading and derivatives SMN Markets	25	16
Net return on financial investments	243	167