Income Statement
These quarterly statements are not individually audited and are included as additional information to these accounts.
NOK 1 000 |
3rd Quarter 2018 |
2nd Quarter 2018 |
1th Quarter 2018 |
4th Quarter 2017 |
3rd Quarter 2017 |
|
Total interest income |
925,159 |
913,860 |
804,935 |
809,548 |
822,416 |
Total interest expenses |
-845,254 |
-821,721 |
-720,757 |
-701,413 |
-718,215 |
Net interest income |
79,905 |
92,139 |
84,178 |
108,134 |
104,201 |
Net gains/losses from financial instruments |
-13,427 |
-125,375 |
-41,185 |
-153,411 |
-20,781 |
Net other operating income |
-13,427 |
-125,375 |
-41,185 |
-153,411 |
-20,781 |
Total operating income |
66,478 |
-33,236 |
42,993 |
-45,277 |
83,420 |
Salaries and other ordinary personnel expenses |
-3,100 |
-2,860 |
-3,279 |
-3,081 |
-3,118 |
Other operating expenses |
-4,406 |
-4,901 |
-5,037 |
-6,679 |
-4,257 |
Total operating expenses |
-7,507 |
-7,761 |
-8,316 |
-9,760 |
-7,375 |
Operating result before losses |
58,971 |
-40,997 |
34,677 |
-55,037 |
76,045 |
Write-downs on loans and guarantees |
272 |
-665 |
64 |
- |
- |
Pre-tax operating result |
59,243 |
-41,662 |
34,740 |
-55,037 |
76,045 |
Taxes |
-14,811 |
10,416 |
-8,685 |
13,750 |
-19,011 |
Profit/loss for the year |
44,433 |
-31,247 |
26,055 |
-41,286 |
57,034 |
Other income and expense |
-30,680 |
-81,450 |
10,254 |
-260 |
- |
Total Profit/Loss |
13,752 |
-112,696 |
36,309 |
-41,546 |
57,034 |
Balance Sheet
NOK 1 000 |
30.09.2018 |
30.06.2018 |
31.03.2018 |
31.12.2017 |
30.09.2017 |
|
Assets |
|
|
|
|
|
Lending to and deposits with credit institutions |
11,411,753 |
9,270,163 |
6,778,074 |
3,044,644 |
4,200,397 |
Certificates and bonds |
35,032,317 |
43,651,308 |
44,775,172 |
54,318,384 |
41,638,986 |
Residential mortgage loans |
183,811,362 |
182,852,976 |
181,205,294 |
177,675,130 |
176,093,142 |
Financial derivatives |
15,982,953 |
17,220,292 |
20,488,383 |
27,144,125 |
21,637,545 |
Defered tax asset |
10,055 |
6,573 |
2,968 |
- |
9,299 |
Other assets |
1,507 |
1,897 |
1,281 |
1,188 |
992 |
Total assets |
246,249,947 |
253,003,210 |
253,251,172 |
262,183,472 |
243,580,361 |
|
Liabilities and equity |
|
|
|
|
|
Liabilities |
|
|
|
|
|
Debt incurred by issuing securities |
217,814,578 |
225,077,253 |
223,053,410 |
224,462,981 |
211,526,141 |
Collateral received under derivatives contracts |
13,370,235 |
13,203,305 |
15,716,295 |
23,628,253 |
17,848,036 |
Financial derivatives |
1,479,191 |
1,225,000 |
1,010,264 |
898,292 |
1,231,492 |
Deferred tax |
102,675 |
112,902 |
140,052 |
136,634 |
208,816 |
Tax payable |
- |
- |
- |
- |
- |
Subordinated debt |
1,603,108 |
1,603,084 |
1,603,656 |
1,603,356 |
1,603,253 |
Other Liabilities |
148,423 |
130,959 |
193,433 |
182,231 |
126,173 |
Total Liabilities |
234,518,210 |
241,352,503 |
241,717,109 |
250,911,747 |
232,543,911 |
|
Equity |
|
|
|
|
|
Contributed equity |
10,638,470 |
10,398,470 |
10,158,470 |
9,858,470 |
9,708,470 |
Other paid in equity (not yet registered) |
150,000 |
240,000 |
240,000 |
300,000 |
150,000 |
Hybrid capital |
1,180,000 |
1,180,000 |
1,180,000 |
1,180,000 |
1,080,000 |
Accrued equity |
-275,974 |
-234,848 |
-142,738 |
-139,022 |
121,938 |
Net profit |
39,241 |
-5,191 |
26,055 |
- |
-137,908 |
Declared dividends |
- |
72,276 |
72,276 |
72,276 |
113,950 |
Total equity |
11,731,737 |
11,650,707 |
11,534,063 |
11,271,724 |
11,036,449 |
Total liabilities and equity |
246,249,947 |
253,003,210 |
253,251,173 |
262,183,472 |
243,580,361 |