Income statement

Parent bank     Group
  Jan-March     Jan-March  
2019 2019 2020 (NOKm) Note 2020 2019 2019
3,732 867 1,002 Interest income effective interest method   1,102 961 4,121
509 115 149 Other interest income   148 114 505
1,916 421 533 Interest expenses    540 426 1,939
2,325 562 618 Net interest  10 710 649 2,687
1,127 262 286 Commission income   349 329 1,437
95 18 25 Commission expenses   50 40 193
30 7 9 Other operating income   271 262 1,046
1,061 250 270 Commission income and other income   570 551 2,290
884 335 76 Dividends   8 2 15
- - - Income from investment in related companies 3 217 555 879
54 88 -139 Net return on financial investments 3 -124 169 307
937 423 -62 Net return on financial investments   101 727 1,201
4,324 1,235 826 Total income   1,381 1,926 6,178
614 162 176 Staff costs   443 447 1,699
750 171 191 Other operating expenses   273 257 1,098
1,364 333 367 Total operating expenses  11 716 704 2,797
2,960 902 459 Result before losses   665 1,223 3,380
245 60 302 Loss on loans, guarantees etc. 6,7 308 67  299
2,715 842 157 Result before tax 3 357 1,155 3,081
452 96 51 Tax charge   67 109 518
- - - Result investment held for sale, after tax  2, 3  0 0 0
2,263 747 106 Net profit   290 1,046 2,563
47 19 23 Attributable to additional Tier 1 Capital holders    24 19 49
1,417 465 53 Attributable to Equity capital certificate holders    162 650 1,572
799 262 30 Attributable to the saving bank reserve    91 367 886
      Attributable to non-controlling interests   12 10 56
2,263 747 106 Net profit   290 1,046 2,563
      Profit/diluted profit per ECC 17 1.26 5.02 12.14

 

 

 Other comprehensive income

 

 

Parent bank     Group
  Jan-March    Jan-March  
2019 2019 2020 (NOKm) 2020 2019 2019
2,263 747 106 Net profit 290 1,046 2,563
      Items that will not be reclassified to profit/loss      
-33 - -40 Actuarial gains and losses pensions -40 - -33
8 - 10 Tax  10 - 8
- - - Share of other comprehensive income of associates and joint venture 3 1 21
-25 - -30 Total -26 1 -4
             
      Items that will be reclassified to profit/loss      
- - - Fair value change on financial assets through other comprehensive income - - -
6 0 3 Value changes on loans measured at fair value 3 0 6
- - - Share of other comprehensive income of associates and joint venture 8 -23 -12
- - -  Tax - - -
6 0 3  Total  11 -23 -5
-18 0 -27  Net other comprehensive income  -16 -22 -9
2,245 747 79 Total other comprehensive income 274 1,024 2,554
47 19 23 Attributable to additional Tier 1 Capital holders  24 19 49
1,405 466 36 Attributable to Equity capital certificate holders  152 636 1,566
792 262 20 Attributable to the saving bank reserve  86 359 883
      Attributable to non-controlling interests 12 10 56
2,245 747 79 Total other comprehensive Income 274 1,024 2,554

Report and notes

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