Income statement

Parent bank						Group
4Q 11	4Q 12	2011	2012	(NOK million)	Note	2012	2011	4Q 12	4Q 11
1,013	988	3,824	3,904	Interest income		3,928	3,891	941	1,029
691	621	2,502	2,532	Interest expenses		2,451	2,499	543	691
321	367	1,322	1,373	Net interest	1	1,477	1,392	399	338
121	213	544	707	Commission income		968	778	280	188
23	25	75	86	Commission expenses		96	83	28	25
17	21	39	51	Other operating income		267	224	69	69
115	209	508	672	Commission income and other income		1,139	919	321	232
0	-16	260	290	Dividends		12	36	2	2
-	-	-	-	Income from investment in related companies		244	248	3	71
41	56	64	205	Net return on financial investments	1	195	150	32	81
42	40	324	495	Net return on financial investments		451	434	37	153
478	615	2,154	2,540	Total income		3,067	2,745	756	723
114	156	528	618	Staff costs	2	924	810	234	196
98	94	315	342	Administration costs		419	381	113	114
82	73	245	245	Other operating expenses		311	291	90	103
294	323	1,089	1,206	Total operating expenses	4	1,654	1,482	437	412
184	293	1,066	1,334	Result before losses		1,414	1,263	319	311
22	13	12	51	Loss on loans, guarantees etc.	2,6,7	58	27	17	26
162	279	1,053	1,283	Result before tax	3	1,355	1,236	302	285
52	62	235	262	Tax charge		295	255	69	54
1	7	2	4	Result investment held for sale, after tax		16	43	27	49
111	225	820	1,025	Net profit		1,077	1,024	260	279
				Majority share		1,068	1,016	257	277
				Minority interest		9	8	4	2

				Profit per ECC		5.25	6.11	1.31	1.66
				Diluted profit per ECC		5.21	6.06	1.29	1.65

Other comprehensive income

Parent bank					Group
4Q 11	4Q 12	2011	2012	(NOK million)	2012	2011	4Q 12	4Q 11
111	225	820	1,025	Net profit	1,077	1,024	260	279
-	-	-	-	Available-for-sale financial assets	12	-6	4	-
				Share of other comprehensive income of
-	-	-	-	associates and joint venture	10	-19	3	-8
-	-	-	-	Other comprehensive income	22	-25	6	-8
111	225	820	1,025	Total other comprehensive income	1,099	999	267	271
-	-	-	-	Majority share of comprehensive income	1,090	991	263	269
-	-	-	-	Minority interest of comprehensive income	9	8	4	2

Parent bank					Group
4Q 11	4Q 12	2011	2012	Result as per cent of average total assets:	2012	2011	4Q 12	4Q 11
1.30	1.36	1.37	1.32	Net interest	1.40	1.41	1.46	1.34
0.47	0.77	0.52	0.65	Commission income and other income	1.08	0.93	1.17	0.92
0.17	0.15	0.34	0.48	Net return on financial investments	0.43	0.44	0.13	0.61
1.19	1.19	1.12	1.16	Total operating expenses	1.57	1.51	1.60	1.64
0.74	1.08	1.10	1.28	Result before losses	1.34	1.28	1.17	1.23
0.09	0.05	0.01	0.05	Loss on loans, guarantees etc.	0.06	0.03	0.06	0.10
0.65	1.03	1.09	1.23	Result before tax	1.29	1.26	1.11	1.13
0.61	0.52	0.51	0.47	Cost -income ratio	0.54	0.54	0.58	0.57
		68 %	73 %	Loan-to-deposit ratio	70 %	65 %
6.5 %	10.5 %	12.3 %	13.2 %	Return on equity	11.7 %	12.8 %	10.5 %	13.6 %