Note 13 - Net return on financial investments
| Parent Bank | Group | |||||||||
| Second quarter | First half | First half | Second quarter | |||||||
| 2023 | 2023 | 2024 | 2023 | 2024 | (NOKm) | 2024 | 2023 | 2024 | 2023 | 2023 |
| Valued at fair value through profit/loss | ||||||||||
| 17 | -215 | -37 | -263 | -163 | Value change in interest rate instruments ** | -163 | -263 | -39 | -215 | 17 |
| Value change in derivatives/hedging | ||||||||||
| 2 | -0 | -2 | 9 | 4 | Net value change in hedged bonds and derivatives* | 4 | 9 | -2 | 0 | 2 |
| 5 | 14 | 13 | -10 | 25 | Net value change in hedged fixed rate loans and derivatives | 25 | -10 | 13 | 14 | 5 |
| -118 | 156 | 11 | 99 | 107 | Other derivatives | 107 | 99 | 11 | 156 | -118 |
| Income from equity instruments | ||||||||||
| - | - | - | - | - | Income from owner interests | 342 | 209 | 148 | 85 | 297 |
| 693 | 580 | 133 | 580 | 242 | Dividend from owner instruments | - | - | - | 0 | - |
| 32 | 3 | - | 8 | 1 | Value change and gain/loss on owner instruments | 1 | 4 | - | 3 | -5 |
| 18 | 5 | 8 | 9 | 14 | Dividend from equity instruments | 8 | 20 | 6 | 18 | 26 |
| 421 | 10 | 5 | 21 | 16 | Value change and gain/loss on equity instruments | 45 | -28 | 4 | -10 | 469 |
| 1,069 | 553 | 131 | 453 | 247 | Total net income from financial assets and liabilities at fair value through profit/(loss) | 369 | 40 | 141 | 50 | 692 |
| Valued at amortised cost | ||||||||||
| -2 | -0 | -0 | -1 | 0 | Value change in interest rate instruments held to maturity | 0 | -1 | -0 | -0 | -2 |
| -2 | -0 | -0 | -1 | 0 | Total net income from financial assets and liabilities at amortised cost | 0 | -1 | -0 | -0 | -2 |
| 108 | 35 | 11 | 59 | 34 | Total net gain from currency trading | 34 | 59 | 11 | 36 | 108 |
| 1,175 | 588 | 142 | 511 | 280 | Total net return on financial investments | 404 | 99 | 153 | 86 | 799 |
| * Fair value hedging | ||||||||||
| 896 | -282 | 1 | -97 | -184 | Changes in fair value on hedging instrument | -184 | -97 | 1 | -282 | 896 |
| -894 | 282 | -4 | 106 | 187 | Changes in fair value on hedging item | 187 | 106 | -4 | 282 | -894 |
| 2 | -0 | -2 | 9 | 4 | Net Gain or Loss from hedge accounting | 4 | 9 | -2 | -0 | 2 |
** In the second quarter of 2024, a reclassification has been made of interest income from treasury bills which in previous periods had been presented as value change in interest rate instruments. This has increased interest income and reduced values change in interest rate instruments by NOK 25 million in the second quarter, and NOK 55 million so far in 2024. Comparable figures have been restated.
2nd quarter 2024
- Main figures
- Report of the Board of Directors
- Income statement
- Balance sheet
- Cash flow statement
- Change in equity
- Notes
- Results from quarterly accounts
- Key figures from quarterly accounts
- Statement in compliance with the securities trading act, section 5-6
- Equity capital certificates
- Auditor's report