Life and Investment Management

Full Year
SEK m201620152014
Net interest income-60-43-51
Net fee and commission income4,0594,6003,931
Net financial income1,7641,3391,565
Net other income-1785117
Total operating income5,7465,9815,562
Staff costs-1,560-1,669-1,648
Other expenses-984-1,144-1,126
Depreciation of assets-45-58-72
Total operating expenses-2,589-2,871-2,846
Profit before credit losses etc3,1573,1102,716
Gains less losses from assets
Net credit losses
Operating profit3,1573,1102,716
Cost/Income ratio0.450.480.51
Business equity, SEK bn11.68.78.3
Return on equity after tax, % 23.530.327.9

Quarter2017201620152014
SEK mQ3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1Q4Q3Q2Q1
Net interest income-24-23-19-17-14-15-14-12-11-9-11-16-12-11-12
Net fee and commission income1,0531,1161,0431,2299829319171,0581,0421,1711,3291,0891,049934859
Net financial income481425364484441472367449218227445434354401376
Net other income0-214-821136182313351431232340
Total operating income1,5091,5171,4031,6141,4201,4241,2881,5181,2621,4241,7771,5381,4141,3471,263
Staff costs-383-394-382-415-367-404-374-372-423-413-461-424-404-427-393
Other expenses-243-235-220-243-251-258-232-318-275-273-278-329-276-281-240
Depreciation of assets-10-9-9-10-11-11-13-13-14-15-16-18-20-17-17
Total operating expenses-636-639-611-668-629-673-619-703-712-701-755-771-700-725-650
Profit before credit losses etc8748787929467917516698155507231,022767714622613
Gains less losses from assets0
Net credit losses0
Operating profit8748787929467917516698155507231,022767714622613
Cost/Income ratio0.420.420.440.410.440.470.480.460.560.490.420.500.500.540.51
Business equity, SEK bn11.0011.0111.0411.7111.7311.6011.538.708.708.708.708.308.308.308.30
Return on business equity, per cent27.4027.4424.6827.9523.3422.4020.0731.7021.3028.2039.7031.6029.4025.6025.20