ECC owners share of profit have been calculated based on net profit allocated in accordance to the average number of certificates outstanding in the period. There is no option agreements in relation to the Equity Capital Certificates, diluted net profit is therefore equivalent to Net profit per ECC.
First half | |||
(NOKm) | 2022 | 2021 | 2021 |
Adjusted Net Profit to allocate between ECC owners and Savings Bank Reserve 1) | 1.293 | 1.395 | 2.692 |
Allocated to ECC Owners 2) | 827 | 892 | 1.722 |
Issues Equity Captial Certificates adjusted for own certificates | 129.360.409 | 129.324.795 | 129.339.665 |
Earnings per Equity Capital Certificate | 6,39 | 6,90 | 13,31 |
First half | |||
1) Adjusted Net Profit | 2022 | 2021 | 2021 |
Net Profit for the group | 1.400 | 1.523 | 2.902 |
adjusted for non-controlling interests share of net profit | -74 | -98 | -160 |
Adjusted for Tier 1 capital holders share of net profit | -33 | -30 | -50 |
Adjusted Net Profit | 1.293 | 1.395 | 2.692 |
2) Equity capital certificate ratio (parent bank) (NOKm) | 30 June 2022 | 30 June 2021 | 31 Dec 2021 |
ECC capital | 2,597 | 2,597 | 2,597 |
Dividend equalisation reserve | 7,007 | 6,556 | 7,007 |
Premium reserve | 895 | 895 | 895 |
Unrealised gains reserve | 109 | 153 | 109 |
Other equity capital | -2 | -0 | - |
A. The equity capital certificate owners' capital | 10,606 | 10,201 | 10,609 |
Ownerless capital | 5,918 | 5,664 | 5,918 |
Unrealised gains reserve | 62 | 86 | 62 |
Other equity capital | -1 | -0 | - |
B. The saving bank reserve | 5,978 | 5,750 | 5,980 |
To be disbursed from gift fund | - | 401 | 547 |
Dividend declared | - | 226 | 970 |
Equity ex. profit | 16,585 | 16,578 | 18,106 |
Equity capital certificate ratio A/(A+B) | 64.0 % | 64.0 % | 64.0 % |
Equity capital certificate ratio for distribution | 64.0 % | 64.0 % | 64.0 % |