Income statement

Parent bank     Group
  Jan-March     Jan-March  
2020 2020 2021 (NOKm) Note 2021 2020 2020
3,274 1,002 729 Interest income effective interest method   843 1,102 3,722
478 149 97 Other interest income   96 148 475
1,423 533 267 Interest expenses    271 540 1,439
2,329 618 558 Net interest  10 668 710 2,759
1,205 286 310 Commission income   392 349 1,510
97 25 22 Commission expenses   51 50 207
41 9 9 Other operating income   468 271 1,269
1,149 270 297 Commission income and other income 11 808 570 2,572
528 76 114 Dividends   4 8 39
- - - Income from investment in related companies 3 128 217 681
14 -139 -19 Net return on financial investments 3 158 -124 230
542 -62 95 Net return on financial investments  13 289 101 951
4,019 826 951 Total income   1,766 1,381 6,281
732 176 166 Staff costs   538 443 1,883
744 191 177 Other operating expenses   269 273 1,069
1,477 367 344 Total operating expenses  12 806 716 2,952
2,543 459 607 Result before losses   960 665 3,329
902 302 51 Loss on loans, guarantees etc. 6,7 59 308  951
1,641 157 556 Result before tax 3 901 357 2,378
284 51 106 Tax charge   133 67 400
- - - Result investment held for sale, after tax 2,3 0 0 1
1,356 106 450 Net profit   768 290 1,978
56 23 19 Attributable to additional Tier 1 Capital holders    20 24 59
831 53 276 Attributable to Equity capital certificate holders    439 162 1,147
469 30 155 Attributable to the saving bank reserve    247 91 646
      Attributable to non-controlling interests   61 12 126
1,356 106 450 Net profit   768 290 1,978
      Profit/diluted profit per ECC 19 3.40 1.26 8.87

 

 

 

 Other comprehensive income

 

Parent bank    Group
  Jan-March    Jan-March  
2020 2020 2021 (NOKm) 2021 2020 2020
1,356 106 450 Net profit 768 290 1,978
      Items that will not be reclassified to profit/loss      
-34 -40 - Actuarial gains and losses pensions - -40 -34
8 10 - Tax  - 10 8
- - - Share of other comprehensive income of associates and joint venture 0 3 15
-25 -30 - Total 0 -26 -11
             
      Items that will be reclassified to profit/loss      
9 3 -1 Value changes on loans measured at fair value -1 3 9
- - - Share of other comprehensive income of associates and joint venture -28 8 16
9 3 -1  Total  -29 11 25
-16 -27 -1  Net other comprehensive income  -28 -16 15
1,340 79 450 Total other comprehensive income 739 274 1,993
56 23 19 Attributable to additional Tier 1 Capital holders  20 24 59
821 36 275 Attributable to Equity capital certificate holders  421 152 1,156
463 20 155 Attributable to the saving bank reserve  237 86 652
      Attributable to non-controlling interests 61 12 126
1,340 79 450 Total other comprehensive Income 739 274 1,993

 

 

Report and notes

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