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