Results from quarterly accounts

Group in NOKm 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q
  2011 2010 2010 2010 2010 2009 2009 2009 2009
Interest income  886 894 869 804 748 764 781 843 1,028
Interest expenses  559 601 549 506 449 448 450 543 696
Net interest  327 293 320 297 300 316 331 300 333
Commission income 192 199 197 193 178 209 175 172 149
Commission expenses 18 23 21 19 18 30 17 19 18
Other operating income 47 47 34 54 35 30 32 40 30
Commission income and other income 221 222 210 229 194 209 190 193 161
Dividends 3 0 0 42 1 0 1 4 1
Income from investment in related companies 54 83 69 57 41 78 203 69 -2
Net return on financial investments 62 115 55 32 -6 75 103 74 36
Net return on financial investments 118 198 125 131 36 153 307 147 35
Total income 666 713 655 657 529 678 828 640 529
Staff costs 198 137 191 177 78 179 180 191 174
Administration costs 86 98 76 81 83 79 77 78 84
Other operating expenses 65 76 52 45 44 64 45 50 49
Total operating expenses 348 311 320 303 206 323 303 319 307
Result before losses 318 402 335 354 323 355 526 320 222
Loss on loans, guarantees etc. -6 25 12 28 68 39 55 73 110
Result before tax 325 377 323 327 255 316 471 247 112
Tax charge 70 60 67 66 67 65 65 42 37
Net profit 255 318 256 260 188 251 406 205 74

Report and notes

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