| |
30 Sep 2013 |
30 Sep 2012 |
2012 |
| From the profit and loss account |
NOKm |
% |
NOKm |
% |
NOKm |
% |
| Net interest |
1,180 |
1.42 |
1,079 |
1.37 |
1,477 |
5.61 |
| Commission income and other income |
1,081 |
1.30 |
818 |
1.04 |
1,139 |
4.32 |
| Net return on financial investments |
346 |
0.42 |
414 |
0.53 |
451 |
1.71 |
| Total income |
2,607 |
3.13 |
2,311 |
2.94 |
3,067 |
11.64 |
| Total operating expenses |
1,256 |
1.51 |
1,217 |
1.55 |
1,654 |
6.28 |
| Results |
1,350 |
1.62 |
1,095 |
1.39 |
1,414 |
5.37 |
| Loss on loans, guarantees etc |
68 |
0.08 |
42 |
0.05 |
58 |
0.22 |
| Results before tax |
1,282 |
1.54 |
1,053 |
1.34 |
1,355 |
5.14 |
| Tax charge |
278 |
0.33 |
225 |
0.29 |
295 |
1.12 |
| Result investment held for sale, after tax |
34 |
0.04 |
-11 |
-0.01 |
16 |
0.06 |
| Net profit |
1,038 |
1.25 |
816 |
1.04 |
1,077 |
4.09 |
| |
|
|
|
|
|
|
| Key figures |
30 Sep 2013 |
|
30 Sep 2012 |
|
2012 |
|
| Profitability |
|
|
|
|
|
|
| Return on equity 1) |
13.3 % |
|
12.1 % |
|
11.7 % |
|
| Cost-income ratio 2) |
48 % |
|
53 % |
|
54 % |
|
| Balance sheet |
|
|
|
|
|
|
| Gross loans to customers |
79,842 |
|
75,357 |
|
74,943 |
|
| Gross loans to customers incl. SB1 Boligkreditt and SB1 Næringskreditt |
110,237 |
|
103,274 |
|
104,909 |
|
| Deposits from customers |
53,423 |
|
50,836 |
|
52,252 |
|
| Deposit-to-loan ratio |
67 % |
|
67 % |
|
70 % |
|
| Growth in loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
6.7 % |
|
11.4 % |
|
10.2 % |
|
| Growth in deposits |
5.1 % |
|
10.5 % |
|
9.2 % |
|
| Average total assets |
110,963 |
|
104,735 |
|
105,372 |
|
| Total assets |
111,977 |
|
110,605 |
|
107,975 |
|
| Losses and defaults in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt |
|
|
|
|
|
|
| Impairment losses ratio |
0.08 % |
|
0.06 % |
|
0.06 % |
|
| Non-performing commitm. as a percentage of gross loans 3) |
0.35 % |
|
0.39 % |
|
0.36 % |
|
| Other doubtful commitm. as a percentage of gross loans |
0.19 % |
|
0.16 % |
|
0.14 % |
|
| Solidity |
|
|
|
|
|
|
| Capital adequacy ratio |
14.2 % |
|
11.9 % |
|
13.3 % |
|
| Core capital ratio |
12.6 % |
|
10.6 % |
|
11.3 % |
|
| Common equity tier 1 |
10.7 % |
|
9.3 % |
|
10.0 % |
|
| Core capital |
10,707 |
|
8,826 |
|
9,357 |
|
| Net equity and related capital |
12,053 |
|
9,891 |
|
10,943 |
|
| Branches and staff |
|
|
|
|
|
|
| Number of branches |
48 |
|
51 |
|
51 |
|
| No. Of full-time positions |
1,165 |
|
1,148 |
|
1,135 |
|
| |
|
|
|
|
|
|
| Key figures ECC 4) |
30 Sep 2013 |
30 Sep 2012 |
2012 |
2011 |
2010 |
2009 |
| ECC ratio |
64.6 % |
65.5 % |
64.6 % |
60.6 % |
61.3 % |
54.8 % |
| Number of certificates issued, millions |
129.83 |
129.83 |
129.83 |
102.76 |
102.74 |
82.78 |
| ECC price |
45.70 |
37.00 |
34.80 |
36.31 |
49.89 |
45.06 |
| Stock value (NOKM) |
5,933 |
4,804 |
4,518 |
3,731 |
5,124 |
3,749 |
| Booked equity capital per ECC (including dividend) |
53.76 |
49.00 |
50.09 |
48.91 |
46.17 |
42.11 |
| Profit per ECC, majority |
5.13 |
3.99 |
5.21 |
6.06 |
5.94 |
6.37 |
| Dividend per ECC |
|
|
1.50 |
1.85 |
2.77 |
2.10 |
| Price-Earnings Ratio |
6.68 |
6.96 |
6.68 |
5.99 |
8.40 |
7.07 |
| Price-Book Value Ratio |
0.85 |
0.76 |
0.69 |
0.74 |
1.08 |
1.07 |
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