Results from quarterly accounts

Group in NOKm 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q
  2011 2011 2010 2010 2010 2010 2009 2009 2009
Interest income  910 886 894 869 804 748 764 781 843
Interest expenses  592 559 601 549 506 449 448 450 543
Net interest  318 327 293 320 297 300 316 331 300
Commission income 199 192 199 197 193 178 209 175 172
Commission expenses 19 18 23 21 19 18 30 17 19
Other operating income 52 47 47 34 54 35 30 32 40
Commission income and other income 232 221 222 210 229 194 209 190 193
Dividends 31 3 0 0 42 1 0 1 4
Income from investment in related companies 69 54 83 69 57 41 78 203 69
Net return on financial investments 25 62 115 55 32 -6 75 103 74
Net return on financial investments 125 118 198 125 131 36 153 307 147
Total income 675 666 713 655 657 529 678 828 640
Staff costs 208 198 137 191 177 78 179 180 191
Administration costs 96 86 98 76 81 83 79 77 78
Other operating expenses 57 65 76 52 45 44 64 45 50
Total operating expenses  361 348 311 320 303 206 323 303 319
Result before losses 314 318 402 335 354 323 355 526 320
Loss on loans, guarantees etc. -1 -6 25 12 28 68 39 55 73
Result before tax 315 325 377 323 327 255 316 471 247
Tax charge 65 70 60 67 66 67 65 65 42
Net profit 250 255 318 256 260 188 251 406 205
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