Income statement

Parent bank     Group
2014 31 Mar 2014 31 Mar 2015 (NOKm) Note 31 Mar 2015 31 Mar 2014 2014
4,223 1,016 1,007 Interest income    1,019 1,027 4,265
2,578 637 580 Interest expenses    552 615 2,475
1,644 379 427 Net interest  1 467 412 1,790
1,031 259 247 Commission income   306 318 1,281
104 20 24 Commission expenses   27 25 113
47 14 10 Other operating income   97 93 344
973 253 233 Commission income and other income   377 385 1,512
311 63 105 Dividends   0 46 65
- - - Income from investment in related companies   129 82 527
197 166 66 Net return on financial investments 1,2 69 129 128
508 229 171 Net return on financial investments   198 257 720
3,125 861 832 Total income   1,042 1,055 4,021
645 161 160 Staff costs 2 267 254 1,002
410 99 102 Administration costs   126 123 500
209 45 44 Other operating expenses   61 64 287
1,265 305 307 Total operating expenses  4 454 441 1,789
1,860 556 525 Result before losses   588 614 2,232
83 15 20 Loss on loans, guarantees etc. 2,6,7 22 17 89
1,777 541 505 Result before tax 3 567 597 2,143
330 91 115 Tax charge   126 99 362
- - - Result investment held for sale, after tax 3 -0 1 0
1,447 450 389 Net profit   441 500 1,782
      Majority share   439 498 1,772
      Minority interest   2 1 10
               
      Profit per ECC   2.19 2.49 8.87
      Diluted profit per ECC   2.18 2.48 8.82

Other comprehensive income

Parent bank   Group
2014 31 Mar 2014 31 Mar 2015 (NOKm) 31 Mar 2015 31 Mar 2014 2014
1,447 450 389 Net profit 441 500 1,782
      Items that will not be reclassified to profit/loss      
-111 - - Actuarial gains and losses pensions - - -117
29 - - Tax  - - 31
- - - Share of other comprehensive income of associates and joint venture 0 1 -9
-82 - - Total 0 1 -94
             
      Items that will be reclassified to profit/loss      
- - - Available-for-sale financial assets  - - -2
- - - Share of other comprehensive income of associates and joint venture 1 - 0
- - - Tax - - -
- - - Total  1 - -2
1,365 450 389 Total other comprehensive income 442 501 1,685
      Majority share of comprehensive income 439 499 1,676
      Minority interest of comprehensive income 2 1 10

Key figures

Parent bank   Group
2014 31 Mar 2014 31 Mar 2015 Result as per cent of average total assets: 31 Mar 2015 31 Mar 2014 2014
1.41 1.35 1.38 Net interest  1.50 1.45 1.52
0.84 0.90 0.76 Commission income and other income 1.21 1.36 1.28
0.44 0.82 0.55 Net return on financial investments 0.63 0.91 0.61
1.09 1.09 0.99 Total operating expenses  1.45 1.56 1.52
1.60 1.98 1.70 Result before losses 1.88 2.16 1.89
0.07 0.05 0.06 Loss on loans, guarantees etc. 0.07 0.06 0.08
1.53 1.93 1.63 Result before tax 1.82 2.10 1.82
0.40 0.35 0.37 Cost -income ratio 0.44 0.42 0.44
70 % 72 % 69 % Loan-to-deposit ratio 66 % 69 % 67 %
14.1 % 18.3 % 14.4 % Return on equity  14.1 % 17.7 % 15.1 %

Report and notes

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