2nd quarter 2012

First half 2012

(Consolidated figures. Figures in parentheses refer to the same period of 2011 unless otherwise stated)

• Profit before tax: NOK 659m (640m)
• Net profit: NOK 510m (505m)
• Return on equity: 11.7 per ent (13.0 percent)
• Growth in lending 10.6 percent (8.6 percent) and deposits 12.0 percent (11.4 percent) over past 12 months
• Loan losses: NOK 25m (7m taken to income)
• Tier 1 capital adequacy: 11.0 percent (10.7 percent)
• Earnings per equity capital certificate (ECC): NOK 2.63 (2.99)

Second quarter 2012 

• Profit before tax: NOK 336m (314m)
• Net profit: NOK 238m (250m)
• Return on equity: 10.7 percent (12.9 percent)
• Loan losses: NOK 17m (1m taken to income)
• Earnings per ECC: NOK 1.22 (1.51)