Life Full YearSEK m201920182017201620152014Net interest income-16-28-65-60-43-51Net fee and commission income2,5312,6552,6864,0594,6003,931Net financial income7119531,6441,7641,3391,565Net other income77-815-1785117Total operating income3,3043,5724,2795,7465,9815,562Staff costs-860-1,017-1,218-1,560-1,669-1,648Other expenses-706-615-591-984-1,144-1,126Depreciation of assets-21-20-29-45-58-72Total operating expenses-1,587-1,653-1,838-2,589-2,871-2,846Profit before credit losses etc1,7161,9202,4413,1573,1102,716Gains less losses from assetsNet expected credit losses-1-2Net credit losses0Operating profit before Items affecting comparability1,7151,9172,4413,1573,1102,716Items affecting comparability0Operating profit1,7151,9172,4413,1573,1102,716Cost/Income ratio0.480.460.430.450.480.51Business equity, SEK bn5.45.811.68.78.3Return on equity after tax, % 29.429.423.530.327.9Quarter2020201920182017201620152014SEK mQ3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Net interest income-8-8-8-5-5-3-7-7-7-7-18-18-17-13-17-14-15-14-12-11-9-11-16-12-11-12Net fee and commission income6185936056486476356076907056537046766746331,2299829319171,0581,0421,1711,3291,0891,049934859Net financial income247235-118207152199118195328313386479421359484441472367449218227445434354401376Net other income26-51514-2-8-11-11240011-821136182313351431232340Total operating income8588254758668088297108661,0259711,0761,1371,0779891,6141,4201,4241,2881,5181,2621,4241,7771,5381,4141,3471,263Staff costs-205-216-220-221-215-206-210-219-271-317-307-300-306-305-415-367-404-374-372-423-413-461-424-404-427-393Other expenses-185-183-184-183-172-178-177-148-152-138-161-154-150-127-243-251-258-232-318-275-273-278-329-276-281-240Depreciation of assets-5-5-6-5-5-5-4-4-6-7-7-8-7-7-10-11-11-13-13-14-15-16-18-20-17-17Total operating expenses-394-405-410-410-393-390-392-371-428-462-475-461-463-438-668-629-673-619-703-712-701-755-771-700-725-650Profit before credit losses etc463420644564154393194965975096016756145519467917516698155507231,022767714622613Gains less losses from assets00000Net expected credit losses1-1-1-1-1Net credit losses0Operating profit before Items affecting comparability46442064456415438318495596508601675614551.04641093049467917516698155507231,022767714622613Items affecting comparability0Operating profit464420644564154383184955965086016756145519467917516698155507231,022767714622613Cost/Income ratio0.460.490.860.470.490.470.550.430.420.480.440.410.430.440.410.440.470.480.460.560.490.420.500.500.540.51Business equity, SEK bn5.35.35.55.45.45.45.45.46.26.18.98.811.08.811.711.711.611.58.78.78.78.78.38.38.38.3Return on business equity, per cent32.829.74.431.228.530.220.131.432.928.723.226.427.421.527.923.322.420.131.721.328.239.731.629.425.625.2