Note 3 - Account by business line

   Group 30 Sept 2012
Profit and loss account (NOK million) RM CM Markets EM 1 SMN Finans Allegro SMN Regnskap Uncollated Total
Net interest    399   653   -10 2 88 0 0   -53 1,079
Allocated  9 74 3   -   -   - -   -86   -
Total interest income   408   726   -8 2 88 0 0 -138 1,079
Commission income and other income   332 97 14   255   -3 8 78 37   818
Net return on financial investments **) 1 25 63   -   -   - 2  313   403
Total income *)   740   848 69   258 85 8 80   212 2,300
Total operating expenses   488   290 68   200 38 10 68 54 1,217
Ordinary operating profit   252   558 2 57 47   -3 13   157 1,084
 Loss on loans, guarantees etc.  3 35   -   - 4   - - -   42
Result before tax   249   524 2 57 43   -3 13   157 1,042
Post-tax return on equity 19.5 % 13.1 % 0.6 %           12.1 %
                    
Balance (NOK million)                  
Loans and advances to customers 56,916 41,080   -   - 3,106   - - 2,172   103,274
Adv. of this to SpareBank 1 Boligkreditt   -26,984 -934   -   -   -   - - - -27,917
Individual allowance for impairment on loan   -31 -106   -   -   -12   - -   - -148
Group allowance for impairment on loan   -  -    -   -   -16   - - -278 -295
Other assets   200   578   - 86   -2,946   -1 13 37,796   35,726
Total assets  30,101 40,618   - 86   132   -1 13 39,690   110,640
                    
Deposits to customers 22,335 24,910   -   -   - 28 12 3,551   50,836
Other liabilities and equity 7,767 15,708   - 86   132   -29 2 36,139   59,804
Total liabilites 30,101 40,618   - 86   132   -1 13 39,690   110,640

 

  Group 30 Sept 2011
Profit and loss account (NOK million) RM CM Markets EM 1 SMN Finans Allegro SMN Regnskap Uncollated Total
Net interest    385   584 9 4 71 1   -0   -2 1,053
Allocated  14 96 4   -   -   - - -115   -
Total interest income   400   680 13 4 71 1   -0 -116 1,053
Commission income and other income   264   100 16   226   -1 9 54 20 687
Net return on financial investments **) 5 26 41   -0   -   - 0   205 276
Total income *)   668   806 70   230 70 10 54   109 2,017
Total operating expenses   457   256 59   174 35 13 49 27 1,070
Ordinary operating profit   211   550 10 55 34   -3 5 84 947
 Loss on loans, guarantees etc.  7   -17   -   - 12   - - 4 1
Result before tax   205   567 10 55 23   -3 5 85 946
Post-tax return on equity 18.6 % 14.6 % 5.6 %            12.5 %
                    
Balance (NOK million)                  
Loans and advances to customers 50,730 37,499   -   - 2,942   -   -3 1,503   92,671
Adv. of this to SpareBank 1 Boligkreditt   -20,132 -245   -   -   -   - - -724 -21,101
Individual allowance for impairment on loan   -31 -103   -   -   -24   - -   -1 -159
Group allowance for impairment on loan   -   -   -   -   -16   - - -273 -290
Other assets   184   202   -   151   -2,476 17 21 30,789   28,888
Total assets  30,751 37,353   -   151   425 17 18 31,292   100,007
                    
Deposits to customers 20,519 23,932   -   -   -   - - 1,572   46,023
Other liabilities and equity 10,231 13,422   -   151   425 17 21 29,718   53,985
Total liabilites 30,751 37,353   -   151   425 17 18 31,292   100,007
*) A portion of capital market income (Markets) is distributed on RM and CM

 

**) Specification of net return on financial investments (NOKm) 30 Sept 2012 30 Sept 2011
Income from investment in related companies 234 171
adv. of this from SpareBank1 Gruppen 104 50
adv. of this from BN Bank ASA 41 73
adv. of this from Bank 1 Oslo Akershus AS 34 14
adv. of this SpareBank 1 Boligkreditt    37 15
adv. of this SpareBank 1 Næringskreditt    8 6
adv. of this Polaris Media    18 21
Net gain and dividends on securities 19 66
adv. of this from SpareBank 1 SMN Invest 14 51
Net gain on bonds 56 -17
Net gain on trading and derivatives SMN Markets 95 56
Net return on financial investments 403 276
© SpareBank 1 SMN