Income statement

Parent bank     Group
      First half     First half      
2019 2Q 19 2Q 20 2019 2020 (NOKm) Note 2020 2019 2Q 20 2Q 19 2019
3,732 916 775 1,777 1,788 Interest income effective interest method   1,996 1,968 883 1,013 4,121
509 115 149 236 286 Other interest income   284 234 148 114 505
1,916 457 363 878 895 Interest expenses    905 889 365 463 1.939
2,325 574 561 1,136 1,179 Net interest  10 1,376 1,313 666 664 2,687
1,127 276 253 537 539 Commission income   680 692 331 363 1,437
95 26 17 44 42 Commission expenses   97 91 47 51 193
30 6 13 13 22 Other operating income   593 556 323 294 1,046
1,061 256 249 507 519 Commission income and other income   1,177 1,157 607 606 2,290
884 477 340 812 416 Dividends   10 13 2 11 15
- - - - - Income from investment in related companies 3 394 786 177 231 879
54 8 167 96 29 Net return on financial investments 3 145 264 269 95 307
937 485 507 908 445 Net return on financial investments   549 1,063 448 336 1,201
4,324 1,315 1,316 2,550 2,142 Total income   3,102 3,533 1,721 1,607 6,178
614 152 154 314 330 Staff costs   892 885 449 438 1.699
750 181 185 352 375 Other operating expenses   530 520 258 263 1.098
1,364 333 339 666 706 Total operating expenses  11 1,422 1,404 706 701 2,797
2,960 982 977 1,884 1,436 Result before losses   1,680 2,129 1,015 907 3,380
245 45 151 104 453 Loss on loans, guarantees etc. 6,7 478 126 170 59  299
2,715 937 826 1,779 984 Result before tax 3 1,202 2,003 845 848 3,081
452 140 98 236 149 Tax charge   193 274 126 165 518
- - - - - Result investment held for sale, after tax  2, 3  -0 0 -0 0 0
2,263 797 729 1,544 835 Net profit   1,008 1,729 719 683 2,563
47 9 13 28 37 Attributable to additional Tier 1 Capital holders    38 29 14 10 49
1,417 504 457 969 510 Attributable to Equity capital certificate holders    585 1,066 423 416 1,572
799 284 258 546 288 Attributable to the saving bank reserve    330 601 238 234 886
          Attributable to non-controlling interests   55 33 43 22 56
2,263 797 729 1,544 835 Net profit   1,008 1,729 719 683 2,563
          Profit/diluted profit per ECC 17 4.53 8.23 3.27 3.21 12.14
 

 

 

Total comprehensive income

Parent bank   Group
      First half   First half      
2019 2Q 19 2Q 20 2019 2020 (NOKm) 2020 2019 2Q 20 2Q 19 2019
2,263 797 729 1,544 835 Net profit 1,008 1,729 719 683 2,563
          Items that will not be reclassified to profit/loss          
-33 - -23 - -62 Actuarial gains and losses pensions -62 - -23 - -33
8 - 6 - 16 Tax  16 - 6 - 8
- - - - - Share of other comprehensive income of associates and joint venture 7 2 4 1 21
-25 - -17 - -47 Total -40 2 -14 1 -4
                     
          Items that will be reclassified to profit/loss          
- - - - - Fair value change on financial assets through other comprehensive income - - - - -
6 -1 3 -0 6 Value changes on loans measured at fair value 6 -0 3 -1 6
- - - - - Share of other comprehensive income of associates and joint venture 16 -9 8 14 -12
- - - - -  Tax - - - - -
6 -1 3 -0 6  Total  21 -9 11 14 -5
-18 -1 -14 -0 -41  Net other comprehensive income  -19 -8 -3 14 -9
2,245 796 715 1,543 794 Total other comprehensive income 990 1,721 716 697 2,554
47 9 13 28 37 Attributable to additional Tier 1 Capital holders  38 29 14 10 49
1,405 504 448 969 484 Attributable to Equity capital certificate holders  573 1,061 421 425 1,566
792 284 253 546 273 Attributable to the saving bank reserve  323 598 237 240 883
          Attributable to non-controlling interests 55 33 43 22 56
2,245 796 715 1,543 794 Total other comprehensive Income 990 1,721 716 697 2,554
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