Note 3 - Account by business line

   Group 31 December 2012
Profit and loss account (NOK million) RM CM Markets EM 1 SMN Finans Allegro SMN Regnskap Uncollated Total
Net interest    540   905   -21 5   118 1 0   -70 1,477
Allocated  11 98 4   -   -   - - -113   -
Total interest income   552 1,003   -18 5   118 1 0 -183 1,477
Commission income and other income   484   137 24   336   -14 11 100 61 1,139
Net return on financial investments **) 1 34 87   -   -   - 2   342   467
Total income *) 1,037 1,174 93   341   104 12 102   220 3,083
Total operating expenses   653   399 94   265 40 15 88 98 1,654
Ordinary operating profit   384   775   -1 76 64   -4 14   122 1,430
 Loss on loans, guarantees etc.  1 45   -   - 7   - - 5   58
Result before tax   383   731   -1 76 56   -4 14   117 1,371
Post-tax return on equity 22.6 % 13.8 % -0.4 %           12.1 %
                    
Balance (NOK million)                  
Loans and advances to customers 58,892 40,671   -   - 3,145   - - 2,201   104,909
Adv. of this to SpareBank 1 Boligkreditt   -28,029 -976   -   -   -   - -   - -29,966
Individual allowance for impairment on loan   -28 -101   -   -   -15   - -   - -144
Group allowance for impairment on loan  -   -    -   -   -16   - - -278 -295
Other assets   391   873   - 70   -2,905 6 20 34,961   33,415
Total assets  31,225 40,467   - 70   208 6 20 35,924   107,919
                    
Deposits to customers 22,440 27,064   -   -   - 29 14 2,705   52,252
Other liabilities and equity 8,784 13,403   - 70   208   -23 6 33,218   55,667
Total liabilites 31,225 40,467   - 70   208 6 20 35,924   107,919

 

  Group 31 December 2011
Profit and loss account (NOK million) RM CM Markets EM 1 SMN Finans Allegro SMN Regnskap Uncollated Total
Net interest    511   782 10 5 94 1   -0   -11 1,391
Allocated  16   128 5   -   -   - - -149   -
Total interest income   527   910 15 5 94 1   -0 -160 1,391
Commission income and other income   337   133 24   308   -1 12 79 27 919
Net return on financial investments **) 8 36 64   -0   -1   - -   371 478
Total income *)   872 1,079   103   313 92 12 79   238 2,789
Total operating expenses   608   351 94   237 50 18 74 50 1,482
Ordinary operating profit   264   728 9 76 42   -5 5   189 1,306
 Loss on loans, guarantees etc.  7 5   -   - 15   - -   -0 27
Result before tax, incl. investment held for sale   256   724 9 76 27   -5 5   189 1,279
Post-tax return on equity 16.8 % 13.9 % 3.4 %           12.8 %
                   
Balance (NOK million)                  
Loans and advances to customers 52,055 38,655   -   - 2,941   - 0 1,580   95,232
Adv. of this to SpareBank 1 Boligkreditt   -21,079 -257   -   -   -   - - -790 -22,126
Individual allowance for impairment on loan   -31 -120   -   -   -22   - -   - -172
Group allowance for impairment on loan   -   -   -   -   -16   - - -273 -290
Other assets   265   609   -   146   -2,461 17 18 30,216   28,812
Total assets  31,210 38,888   -   146   443 17 19 30,732   101,455
                   
Deposits to customers 21,185 25,345   -   -   -   - - 1,340   47,871
Other liabilities and equity 10,025 13,543   -   146   443 17 18 29,392   53,584
Total liabilites 31,210 38,888   -   146   443 17 19 30,733   101,455
*) A portion of capital market income (Markets) is distributed on RM and CM

 

**) Specification of net return on financial investment (NOKm) incl. held for sale 2012 2011
Income from investment in related companies 264 290
adv. of this from SpareBank1 Gruppen 94 96
adv. of this from BN Bank ASA 72 89
adv. of this from Bank 1 Oslo Akershus AS 26 15
adv. of this SpareBank 1 Boligkreditt  44 16
adv. of this SpareBank 1 Næringskreditt  8 9
adv. of this Polaris Media    -14 23
Net gain and dividends on securities 21 101
adv. of this from SpareBank 1 SMN Invest -9 92
Net gain on bonds 56 -10
Net gain on trading and derivatives SMN Markets 126 96
Net return on financial investments 467 478
© SpareBank 1 SMN