Retail Sweden

Retail Sweden

Full Year
SEK m	2012	2011	2010	2009	2008	2007
Net interest income	6,074	5,146	4,025	4,429	4,726	4,106
Net fee and commission income	1,963	2,073	1,521	1,470	1,490	1,746
Net financial income	339	302	273	293	250	303
Net life insurance income	0	0	0	0	0	0
Net other income	18	52	18	17	18	41
Total operating income	8,394	7,573	5,837	6,209	6,484	6,196
Staff costs	-2,302	-2,244	-1,892	-1,852	-1,774	-1,606
Other expenses	-2,548	-2,938	-2,701	-2,042	-2,107	-2,093
Depreciation of assets	-63	-54	-49	-48	-35	-21
Total operating expenses	-4,913	-5,236	-4,642	-3,942	-3,916	-3,720
Profit before credit losses etc	3,481	2,337	1,195	2,267	2,568	2,476
Gains less losses from assets	0	0	0	0
Net credit losses	-251	-220	-243	-394	-190	-64
Operating profit	3,230	2,117	952	1,873	2,378	2,412
Cost/Income ratio	0.59	0.69	0.80	0.63	0.60	0.60

Quarter	2012				2011				2010				2009				2008				2007
SEK m	Q4	Q3	Q2	Q1	Q4	Q3	Q2	Q1	Q4	Q3	Q2	Q1	Q4	Q3	Q2	Q1	Q4	Q3	Q2	Q1	Q4	Q3	Q2	Q1
Net interest income	1,557	1,530	1,523	1,464	1,386	1,313	1,268	1,179	1,095	1,019	962	949	1,017	1,068	1,109	1,235	1,273	1,233	1,135	1,085	1,076	1,018	1,005	1,007
Net fee and commission income	523	471	479	490	504	498	532	539	396	363	378	384	393	351	357	369	384	349	364	393	460	409	415	462
Net financial income	85	79	96	79	81	74	83	64	74	58	76	65	84	57	80	72	74	49	69	58	105	65	77	56
Net life insurance income	0		0		0
Net other income	4	5	5	4	5	6	26	15	5	4	5	4	4	5	4	4	4	5	-1	10	9	7	13	12
Total operating income	2,169	2,085	2,103	2,037	1,976	1,891	1,909	1,797	1,570	1,444	1,421	1,402	1,498	1,481	1,550	1,680	1,735	1,636	1,567	1,546	1,650	1,499	1,510	1,537
Staff costs	-551	-575	-595	-581	-566	-550	-569	-559	-472	-491	-468	-461	-428	-445	-489	-490	-435	-443	-447	-449	-403	-410	-403	-390
Other expenses	-664	-623	-699	-562	-725	-719	-775	-719	-756	-640	-681	-624	-523	-489	-546	-484	-565	-494	-537	-511	-553.5	-494.5	-526.5	-518.5
Depreciation of assets	-16	-16	-16	-15	-14	-14	-13	-13	-14	-12	-12	-11	-11	-12	-16	-9	-17	-11	-4	-3	-3	-3	-13	-2
Total operating expenses	-1,231	-1,214	-1,310	-1,158	-1,305	-1,283	-1,357	-1,291	-1,242	-1,143	-1,161	-1,096	-962	-946	-1,051	-983	-1,017	-948	-988	-963	-959.5	-907.5	-942.5	-910.5
Profit before credit losses etc	938	871	793	879	671	608	552	506	328	301	260	306	536	535	499	697	718	688	579	583	690.5	591.5	567.5	626.5
Gains less losses from assets	0	0	0		0		-1	1
Net credit losses	-65	-54	-83	-49	-106	-63	-9	-42	-70	-5	-63	-105	-118	-91	-90	-95	-105	-53	-23	-9	2	-22	-19	-25
Operating profit	873	817	710	830	565	545	542	465	258	296	197	201	418	444	409	602	613	635	556	574	692.5	569.5	548.5	601.5
Cost/Income ratio	0.57	0.58	0.62	0.57	0.66	0.68	0.71	0.72	0.79	0.79	0.82	0.78	0.64	0.64	0.68	0.59	0.59	0.58	0.63	0.62	0.58	0.58	0.58	0.59