Note 7 - Losses

Parent bank   Group
2012 30 Sep 2012 30 Sep 2013 (NOKm)  30 Sep 2013 30 Sep 2012 2012
151 151 129 Individual write-downs to cover loss on loans at 01.01*) 144 173 173
4 8 10 + Increased write-downs on provisions previously written down 11 8 4
13 7 10 - Reversal of provisions from previous periods 11 8 13
37 27 54 + Write-downs on provisions not previously written down 62 29 43
51 42 33 - Actual losses during the period for which provisions for individual impairment losses have been made previously 38 54 63
129 137 150 Specification of loss provisions at end of period 168 148 144
104 76 45 Actual losses 54 91 119
*) Individually assessed impairment write-downs on guarantees, totalling NOK 1m, are shown in the balance sheet as a liability under 'Other liabilities'.
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