Quarterly development

Profit and loss - quarterly

NOK 1.000 2013 (3rd quarter) 2013 (2nd quarter) 2013 (1st quarter) 2012 (4th quarter) 2012 (3rd quarter)
 
Interest income 1,175,674 1,184,976 1,163,267 1,205,275 1,222,996
Interest expense -1,103,951 -1,138,467 -1,089,274 -1,167,297 -1,176,848
Net interest income 71,723 46,509 73,993 37,978 46,148
Net gains/losses on financial instruments 28,284 -35,524 25,768 36,392 45,869
Net other operating income 28,284 -35,524 25,768 36,392 45,869
Total operating income 100,007 10,985 99,762 74,370 92,016
 
Salaries and other ordinary personnel expenses -2,230 -2,753 -2,613 -2,539 -2,707
Administration expenses -2,701 -2,195 -1,375 -2,406 -1,562
Other operating expenses -2,087 -1,622 -3,416 -3,110 -2,301
Depreciation/Amortisation -390 -487 -438 -574 -478
Total operating expenses -7,408 -7,057 -7,842 -8,629 -7,048
Operating result before losses 92,599 3,928 91,920 65,741 84,968
 
Write-downs on loans and guarantees 0 0 0 -2,023 0
Operating result before taxes 92,599 3,928 91,920 63,718 84,968
 
Taxes 79,602 -1,100 -25,737 -17,837 -23,791
Profit/loss for the period 66,672 2,828 66,182 45,881 61,177
Other income and costs 0 0 0 0 0
Total profit/loss for the period 66,672 2,828 66,182 45,881 61,177
 

Balance sheet

NOK 1.000 2013 (3rd quarter) 2013 (2nd quarter) 2013 (1st quarter) 2012 (4th quarter) 2012 (3rd quarter)
 
Assets
Lending to and deposits with credit institutions 8,141,726 7,125,187 4,677,406 6,036,499 5,030,819
Norwegian treasury bills 5,289,918 5,071,915 1,612,305 1,801,802 5,266,663
Bonds 6,768,991 13,656,316 12,612,044 12,472,275 11,740,867
Lending to customers 169,577,344 166,914,671 164,866,968 160,233,984 157,261,220
Financial derivatives 10,181,153 8,778,292 6,651,730 6,104,499 6,107,841
Other assets 4,839 5,100 3,515 3,587 3,455
Total assets 199,963,972 201,551,481 190,423,968 186,652,647 185,410,866
 
Liabailities and equity
Liabilities
 
Debt incurred by issuing securities 182,065,316 185,028,695 174,827,620 170,644,817 169,296,209
Collateral received in derivates transactions 5,970,786 4,706,383 3,361,575 3,213,665 3,495,568
Financial derivatives 826,967 1,312,415 2,514,262 3,531,313 3,983,467
Deferred tax 100,712 100,712 100,712 100,712 0
Tax payable 0 0 0 100,712 0
Other liabilities 2,797,990 2,240,909 1,761,209 1,369,734 1,092,111
Total Liabilities 191,761,771 193,389,114 182,565,378 178,860,241 177,867,355
 
Equity
Common equity 7,968,470 7,968,470 7,548,470 7,548,470 6,918,470
New common equity not yet registered 0 98,050 0 0 420,000
Retained earnings 98,050 69,010 98,050 98,050 695
Result 135,681 0 66,182 0 204,346
Declared dividends 0 0 145,886 145,886 0
Total equity 8,202,201 8,135,530 7,858,588 7,792,406 7,543,511
Total liabilities and equity 199,963,972 201,551,481 190,423,967 186,652,647 185,410,866
Key figures
Number of shares 53,105,480 53,105,480 50,305,482 50,305,482 48,905,482
Result per share 1 0 1 3 4