Income statement

Parent bank				Group
2011	2012	(NOK million)	Notes	2012	2011

3,824	3,904	Interest income	4,19	3,928	3,891
2,502	2,532	Interest expenses	4,19	2,451	2,499
1,322	1,373	Net interest income		1,477	1,392

544	707	Fee and commission income	4,2	968	778
75	86	Fee and commission expenses	4,2	96	83
39	51	Other operating income	4,2	267	224
508	672	Net fee and commission income and other operating income		1,139	919

260	290	Dividends	21,42	12	36
-	-	Income from associates and joint ventures	21,38	244	248
64	205	Net return on financial investments	21	195	150
324	495	Net return on financial investments		451	434

2,154	2,540	Total income		3,067	2,745

528	618	Staff costs	22,23,24	924	810
560	587	Other operating expenses	23,32	730	672
1,089	1,206	Operating expenses		1,654	1,482

1,066	1,334	Result before losses		1,414	1,263

12	51	Loss on loans, guarantees etc.	11	58	27
1,053	1,283	Profit before income tax		1,355	1,236

235	262	Tax charge	25	295	255
2	4	Result investment held for sale, after tax		16	43
820	1,025	Profit for the year		1,077	1,024

		Majority share		1,068	1,016
		Minority interests		9	8

		Profit per ECC, in NOK		5.25	6.11
		Diluted profit per ECC, in NOK		5.21	6.06

Other comprehensive income

2011	2012	(NOK million)	2012	2011
820	1,025	Net profit	1,077	1,024
-	-	Available-for-sale financial assets	12	-6
		Share of other comprehensive income of associates
-	-	and joint venture	10	-19
-	-	Other comprehensive income	22	-25
820	1,025	Total comprehensive income	1,099	999
		Majority share of comprehensive income	1,090	991
		Minority interest of comprehensive income	9	8