Income statement

 

Parent Bank     Group
2016 2017 (NOK million) Notes 2017 2016
           
3,401 3,571 Interest income 4,19 3,825 3,597
1,672 1,599 Interest expenses 4,19 1,600 1,668
1,730 1,972 Net interest   2,225 1,929
           
971 1,098 Commission income 4,20 1,390 1,251
85 98 Commission expenses 4,20 168 133
36 38 Other operating income  4,20 783 556
922 1,038 Commission income and other income   2,005 1,674
           
817 629 Dividends 21,44 6 88
- - Income from investment in related companies 4,21,39 437 423
188 146 Net return on financial investments 4,21 317 434
1,006 776 Net return on financial investments   760 944
           
3,658 3,786 Total income   4,989 4,547
           
536 575 Staff costs 22,24 1,426 1,159
615 634 Other operating expenses 23,32,33 943 844
1,151 1,209 Total operating expenses   2,369 2,003
           
2,506 2,577 Result before losses   2,621 2,544
           
502 323 Loss on loans, guarantees etc. 4,11 341 516
2,004 2,253 Result before tax   2,279 2,029
           
302 403 Tax charge 25 450 352
-13 - Result investment held for sale, after tax   -1 4
1,689 1,850 Profit for the year   1,828 1,681
           
34 33 Attributable to additional Tier 1 Capital holders    33 34
1,058 1,162 Attributable to Equity capital certificate holders    1,128 1,027
597 655 Attributable to the saving bank reserve    636 579
    Attributable to non-controlling interests   32 41
1,689 1,850 Profit for the year   1,828 1,681
           
    Profit/Diluted profit per ECC   8.71 7.93

 

Other comprehensive income

Parent Bank     Group
2016 2017 (NOK million)   2017 2016
1,689 1,850 Net profit   1,828 1,681
           
    Items that will not be reclassified to profit/loss      
-75 -24 Actuarial gains and losses pensions 24 -20 -77
19 6 Tax    5 19
- - Share of other comprehensive income of associates and joint venture 4 -1
-56 -18 Total   -11 -58
           
    Items that will be reclassified to profit/loss      
-52 15 Available-for-sale financial assets 3,31 15 -50
- - Share of other comprehensive income of associates and joint venture 4 -7
- - Tax    - -
-52 15 Total   19 -58
1,581 1,847 Total other comprehensive income   1,836 1,565
           
34 33 Attributable to additional Tier 1 Capital holders    33 34
989 1,160 Attributable to Equity capital certificate holders    1,132 953
558 654 Attributable to the saving bank reserve    638 537
    Attributable to non-controlling interests   32 41
1,581 1,847 Total other comprehensive income   1,836 1,565
 
Other comprehensive income comprise items reflected directly in equity capital that are not transactions with owners, cf. IAS 1.

Annual report and notes

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