Results from quarterly accounts

Group in NOKm 1Q Q4 Q3 Q2 Q1 4Q 3Q 2Q 1Q
  2014 2013 2013 2013 2013 2012 2012 2012 2012
Interest income  1,027 1,059 1,068 1,036 954 941 989 989 1,009
Interest expenses  615 624 634 633 611 543 630 619 659
Net interest  412 436 434 403 343 399 358 369 351
Commission income 318 323 323 323 262 280 252 240 196
Commission expenses 25 25 28 21 20 28 25 22 21
Other operating income 93 84 72 95 75 69 68 71 60
Commission income and other income 385 382 367 396 317 321 294 288 235
Dividends 46 0 11 30 0 2 0 9 0
Income from investment in related companies 82 98 120 36 101 3 91 59 92
Net return on financial investments 129 58 5 -17 61 32 86 17 60
Net return on financial investments  257 156 135 49 162 37 177 85 153
Total income 1,055 974 937 849 822 756 829 742 739
Staff costs 254 222 224 237 240 234 235 223 232
Administration costs 123 134 100 117 97 113 112 98 97
Other operating expenses 64 110 83 81 78 90 75 76 69
Total operating expenses  441 465 406 436 414 437 421 398 398
Result before losses 614 508 530 413 407 319 408 345 342
Loss on loans, guarantees etc. 17 32 30 21 17 17 16 17 8
Result before tax 597 476 501 391 390 302 392 328 333
Tax charge 99 110 98 102 77 69 77 81 68
Result investment held for sale, after tax 1 -4 31 -4 7 27 -9 -9 7
Net profit 500 361 433 285 321 260 306 238 272

Report and notes

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