Results from quarterly accounts

Group (NOKm) 4Q 3Q 2Q 1Q Q4 Q3 Q2 Q1 4Q
  2014 2014 2014 2014 2013 2013 2013 2013 2012
Interest income  1,103 1,080 1,055 1,027 1,059 1,068 1,036 954 941
Interest expenses  618 617 625 615 624 634 633 611 543
Net interest  485 463 430 412 436 434 403 343 399
Commission income 323 314 326 318 323 323 323 262 280
Commission expenses 33 28 28 25 25 28 21 20 28
Other operating income 81 74 96 93 84 72 95 75 69
Commission income and other income 371 361 394 385 382 367 396 317 321
Dividends 5 0 14 46 0 11 30 0 2
Income from investment in related companies 144 170 131 82 98 120 36 101 3
Net return on financial investments -58 1 56 129 58 5 -17 61 32
Net return on financial investments  91 170 201 257 156 135 49 162 37
Total income 947 993 1,026 1,055 974 937 849 822 756
Staff costs 267 235 245 254 222 224 237 240 234
Administration costs 129 122 126 123 134 100 117 97 113
Other operating expenses 83 68 72 64 110 83 81 78 90
Total operating expenses  479 425 443 441 465 406 435 414 437
Result before losses 467 568 583 614 508 530 413 407 319
Loss on loans, guarantees etc. 34 24 15 17 32 30 22 17 17
Result before tax 434 545 568 597 476 501 391 390 302
Tax charge 60 101 103 99 110 98 102 77 69
Result investment held for sale, after tax 0 -1 -1 1 -4 31 -4 7 27
Net profit 375 443 464 500 361 433 285 321 260
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