Preliminary annual accounts 2015

Consolidated figures. Figures in parentheses refer to 2014 unless otherwise stated

Profit of NOK 1,406 after tax

• Profit before tax and assets held for sale: NOK 1,776m (2,143m)
• Net profit: NOK 1,406m (1,782m)
• Return on equity: 10.7 per cent (15.1 per cent)
• CET1 ratio: 13.6 per cent (11.2 per cent)
• Growth in lending 5.8 per cent (7.3 per cent) and in deposits 5.6 per cent (10.9 per cent)
• Loan losses: NOK 169m (89m) of which NOK 82m (0m) relates to increased collectively assessed write-downs
• Earnings per equity certificate (EC): NOK 7.02 (8.82). Book value per EC, incl. recommended dividend for 2014: NOK 67.65 (62.04)
• Recommended dividend: NOK 2.25 per EC. Allocation to non-profit causes: NOK 40m

Fourth quarter 2015

• Profit before tax: NOK 388m (434m)
• Net profit: NOK 287m (375m)
• Return on equity: 8.4 per cent (12.1 per cent)
• Loan losses: NOK 56m (34m) of which NOK 50m (0m) relates to increased collectively assessed write-downs
• Earnings per EC: NOK 1.85 (NOK 1.85)