The common equity tier 1 ratio according to Basel III is unchanged at about 13.5 per cent, the estimate for year-end provided earlier. Free cash flow is increased by about SEK 1bn over time.

SEB's costs in the business, i.e. excluding IT-adjustments mentioned above, are developing in line with the cost-cap for 2012, below SEK 23bn. The increased staff costs following the revised pension accounting principles are included in the cost-cap.