Profit and Loss Account

Full Year
SEKm2013201220112010200920082007200620052004200320022001
Net interest income18,82717,63516,90115,93017,96716,94015,99814,28114,28213,55113,78213,71913,053
Net fee and commission income14,66413,62014,17514,12013,25014,02717,05116,14613,55911,70410,55510,30511,529
Net financial income4,0524,5793,5483,1484,4532,9703,2394,0363,3922,1762,0842,4092,987
Net life insurance income3,2553,4283,1973,2553,5972,3752,9332,6612,3521,4011,037951903
Net other income755-439-1352822,1541,7511,2191,6236421,1638339251,998
Total operating income41,55338,82337,68636,73541,42138,06340,44038,74734,22729,99528,29128,30930,470
Staff costs-14,029-14,596-14,325-13,920-13,688-14,513-14,921-14,363-13,342-11,579-11,005-10,854-11,351
Other expenses-6,299-6,444-7,424-7,213-6,670-6,510-6,919-6,887-7,493-7,027-6,838-7,481-9,025
Depreciation, amortisation and impairment of tangible and intangible assets-1,959-2,612-1,764-1,854-4,046-1,456-1,354-1,287-424-616-633-861-885
Restructuring costs000-764000-890-1630-200-716
Total operating expenses-22,287-23,652-23,513-23,751-24,404-22,479-23,194-22,537-22,149-19,385-18,476-19,396-21,977
Profit before credit losses etc19,26615,17114,17312,98417,01715,58417,24616,21012,07810,6109,8158,9138,493
Gains less losses from tangible and intangible assets16121475788705910001080
Net credit losses etc *-1,155-937778-1,609-11,370-3,155-1,016-718-914-701-1,006-828-547
Operating profit18,12714,23514,95311,3895,65412,43417,01815,56211,22310,0098,8098,1937,946
Income tax expense-3,338-2,093-2,942-2,569-2,478-2,351-3,376-2,939-2,770-2,662-2,247-2,057-2,058
Net profit from continuing operations14,78912,14212,0118,8203,17610,08313,64212,6238,4537,3476,5626,1365,888
Discontinued operations-11-488-1,155-2,022-1,998-330-3235
Net profit14,77811,65410,8566,7981,17810,05013,64212,6238,4217,3826,5626,1365,888
Attributable to minority interests722375364924182017123744
Attributable to equity holders14,77111,63210,8196,7451,11410,04113,61812,6058,4017,3656,5506,0995,844
* Including change in value of seized assets

Quarter201320122011201020092008200720062005200420032002
SEKmQ4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1
Net interest income4,9324,7594,6774,4594,4584,4664,5304,1814,3184,1224,2154,2464,5054,1653,7323,5283,3174,1785,0135,4595,0704,0973,9923,7814,3753,9173,9393,7673,6043,5033,5783,5963,8033,5083,4353,5363,3683,3563,3683,4593,4983,5203,3873,3773,5433,4053,4303,3413,5073,3123,1643,070
Net fee and commission income3,8713,7353,8113,2473,7153,1923,4493,2643,6373,4893,5543,4953,8953,3763,6633,1863,5803,2533,4832,9343,5213,4433,6113,4524,1294,1014,5444,2774,2743,7724,1073,9933,8953,4163,3042,9443,0592,7312,9732,9412,8112,6792,5562,5092,5242,4152,6852,6812,9842,6172,9472,981
Net financial income1,1868251,0879549821,0911,1271,3795899038251,2315067249739459339341,4661,1201,7232471,161-1614201631,3451,3111,1208901,0479798905881,160754532384430830640412542490654449652654697763545982
Net life insurance income890794689882831861821915992659764782780818778879932857946862516504642713766782642743732739607583644594582532557278271295302273242220219211247274255205220223
Net other income1512113849-34971-11-150-20234143-110314-23233167429-1661,5783131,13313726122034553024995274538352459305195-211634192743581122261402092581961872442982052923491,152
Total operating income11,03010,32410,6489,5519,6379,6819,9169,5899,3349,2079,5019,64410,0008,8519,1798,7059,1919,05612,48610,68811,9638,4289,6678,00510,0359,49310,71910,19310,0049,4429,6919,6109,5378,3018,4607,9297,9357,0237,4007,6377,4777,0246,9366,8547,1366,6677,2587,2487,6487,1897,2258,408
Staff costs-3,386-3,474-3,613-3,556-3,672-3,602-3,704-3,618-3,527-3,494-3,615-3,689-3,538-3,372-3,594-3,416-2,761-3,261-3,774-3,892-4,133-3,329-3,571-3,480-3,787-3,564-3,774-3,796-3,735-3,443-3,463-3,722-3,766-3,220-3,243-3,113-2,985-2,822-2,887-2,885-2,750-2,701-2,764-2,790-2,683-2,727-2,700-2,744-2,860-2,784-2,969-2,738
Other expenses-1,780-1,457-1,481-1,581-1,628-1,573-1,590-1,653-2,030-1,705-1,904-1,785-1,938-1,667-1,860-1,748-2,111-1,520-1,597-1,442-1,660-1,532-1,834-1,484-1,782-1,691-1,768-1,678-1,634-1,664-1,853-1,736-2,014-1,712-1,953-1,814-1,936-1,601-1,786-1,704-1,826-1,677-1,656-1,679-1,899-1,793-1,854-1,935-2,343-2,112-2,234-2,336
Depreciation, amortisation and impairment of tangible and intangible assets-495-522-491-451-1,224-464-460-464-475-435-425-429-644-400-409-401-456-368-2,816-406-386-383-335-352-359-325-342-328-311-343-321-312-59-157-88-120-200-135-164-117-166-159-137-171-204-219-251-187-168-263-236-218
Restructuring costs0000-9-755-8900-39-49-75000000-109-91-413-233-700
Total operating expenses-5,661-5,453-5,585-5,588-6,524-5,639-5,754-5,735-6,032-5,634-5,944-5,903-6,129-6,194-5,863-5,565-5,328-5,149-8,187-5,740-6,179-5,244-5,740-5,316-5,928-5,580-5,884-5,802-5,680-5,450-5,637-5,770-6,729-5,089-5,284-5,047-5,121-4,597-4,886-4,781-4,742-4,537-4,557-4,640-4,786-4,739-4,914-4,957-5,784-5,392-5,509-5,292
Profit before credit losses etc5,3694,8715,0633,9633,1134,0424,1623,8543,3023,5733,5573,7413,8712,6573,3163,1403,8633,9074,2994,9485,7843,1843,9272,6894,1073,9134,8354,3914,3243,9924,0543,8402,8083,2123,1762,8822,8142,4262,5142,8562,7352,4872,3792,2142,3501,9282,3442,2911,8641,7971,7163,116
Gains less losses from tangible and intangible assets-1914111021-42-12-5620-3-3-2132321137872-1226142853-24486100400000001080000
Net credit losses etc *-341-267-291-256-276-186-269-206-24033558427501197-571-1,736-2,945-2,996-3,222-2,207-1,707-691-426-331-313-189-280-234-222-136-162-198-331-190-196-197-188-166-135-212-330-273-189-214-278-181-180-189-206-141-66-134
Operating profit5,0094,6184,7833,7172,8393,8573,8893,6503,0613,6084,1104,1744,3922,8542,7421,4018979141,1002,7434,0782,4933,5022,3614,5813,7264,5544,1574,1243,8623,9063,6702,5303,0202,9842,6892,7122,2702,3792,6482,4052,2142,1902,0002,0721,7472,1642,2101,6581,6561,6502,982
Income tax expense-793-865-975-705401-868-833-793-504-834-765-839-752-765-600-452-318-443-869-848-520-636-662-533-824-625-1,032-895-334-803-959-843-560-791-734-685-766-526-671-699-528-603-592-524-385-438-626-608-238-455-565-800
Net profit from continuing operations4,2163,7533,8083,0123,2402,9893,0562,8572,5572,7743,3453,3353,6402,0892,1429495794712311,8953,5581,8572,8401,8283,7573,1013,5223,2623,7903,0592,9472,8271,9702,2292,2502,0041,9461,7441,7081,9491,8771,6111,5981,4761,6871,3091,5381,6021,4201,2011,0852,182
Discontinued operations6-17-1-155-86-246-300-24-41-790-131-1,493-138-260-295-434-401-868-5129-3120-50-119710711
Net profit4,2223,7533,7913,0123,2392,8342,9702,6112,2572,7503,3042,5453,5095962,00468928437-1701,0273,5071,8862,8091,8483,7573,1013,5223,2623,7903,0592,9472,8271,9202,2282,2692,0041,9531,7541,7151,9601,8771,6111,5981,4761,6871,3091,5381,6021,4201,2011,0852,182
Attributable to minority interests12137465107614615171527122321431578436455555066524-28-1111215-12-113829
Attributable to equity holders4,2213,7513,7903,0093,2322,8302,9642,6062,2472,7433,2982,5313,5035811,98767425725-1931,0253,5061,8822,8061,8473,7523,0943,5143,2583,7873,0532,9432,8221,9152,2232,2641,9991,9531,7481,7091,9551,8751,6071,6001,4681,6881,2981,5261,5871,4321,2121,0472,153
* Including change in value of seized assets