Note 7 - Losses

 

Parent bank   Group
31 Dec 2013 30 Jun 2013 30 Jun 2014 (NOKm) 30 Jun 2014 30 Jun 2013 31 Dec 2013
129 129 150 Individual write-downs to cover loss on loans at 1.1* 173 144 144
12 10 10 + Increased write-downs on provisions previously written down 10 10 15
16 6 13 - Reversal of provisions from previous periods 18 7 18
59 29 33 + Write-downs on provisions not previously written down 35 32 71
34 22 17 - Actual losses during the period for which provisions for individual impairment losses have been made previously 23 26 40
150 139 162 Specification of loss provisions at end of period 176 153 173
73 25 27 Actual losses 39 33 85
*) 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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