Investment Management & Group functions Full YearSEK m201920182017Net interest income-37850950Net fee and commission income2,3922,3931,845Net financial income1,6051,0261,005Net other income55491452Total operating income4,1734,0183,350Staff costs-5,294-4,982-4,958Other expenses4,4653,1783,613Depreciation of assets-1,475-549-742Total operating expenses-2,304-2,353-2,087Profit before credit losses etc1,8691,6651,263Gains less losses from assets-1-21Net expected credit losses-2225Net credit losses04Operating profit before Items affecting comparability1,8461,6891,268Items affecting comparability4,506-1,896Operating profit1,8466,195-628Cost/Income ratio0.550.590.62Business equity, SEK bnReturn on equity after tax, % Quarter2020201920182017SEK mQ3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Net interest income-353-294-276-1191-85-2214125643225896-92-212Net fee and commission income667634607659588617744594531523619402431392Net financial income201705-35293610716931836331529162165120558Net other income6438230910745-1276-649171140135105Total operating income5791,048611,8928937478311,0751,0381,0751,110803593843Staff costs-1,339-1,457-1,278-1,355-1,299-1,328-1,075-1,284-1,352-1,271-1,253-1,157-1,307-1,241Other expenses1,2431,3351,1501,2121,0661,167974780694730857876959920Depreciation of assets-414-511-379-427-328-365-141-136-136-135-181-276-145-140Total operating expenses-510-633-507-570-561-526-243-640-795-675-577-556-493-461Profit before credit losses etc69416-4461,322332222588435243400533248100382Gains less losses from assets-3-1-2012-2Net expected credit losses-110-9-2211634-15Net credit losses112Operating profit before Items affecting comparability64422-4361,311310233586441277385534250102382Items affecting comparability-1,0004,506-1,896.222Operating profit64-578-4361,3113102335864414,783385-1,362250102382