Financial statement

INCOME STATEMENT

(Amounts in NOK 1 000 000)	Note	2nd quarter 2023	January - June 2023	2nd quarter 2022	January - June 2022	2022
Interest income from assets measured at amortised cost		3 303	6 519	1 094	1 939	6 155
Interest income from assets measured at fair value		1 752	3 003	637	1 113	3 026
Total interest income		5 055	9 522	1 731	3 052	9 180
Interest expense		4 548	8 507	1 254	2 139	7 315
Net interest income	1	507	1 015	477	913	1 866
Fees and commission expenses		36	65	37	64	133
Net unrealised gain/(loss) on financial instruments	2	(143)	(29)	(583)	(1 405)	(1 622)
Increased/(reduced) provision for expected credit loss	6	(7)	(4)	(7)	(1)	28
Net realised gain/(loss) on market transactions		95	95	6	17	6
Total other operating income		(77)	5	(607)	(1 450)	(1 775)
Salaries and administrative expenses		42	91	42	88	166
Depreciation of fixed and intangible assets		10	21	9	18	38
Other operating expenses		23	40	12	23	67
Total operating expenses		75	151	63	129	271
Profit before tax		355	869	(193)	(666)	(180)
Income tax		75	201	(116)	(237)	(120)
Profit for the period		280	669	(77)	(429)	(60)
Portion allocated to shareholder		253	618	(95)	(463)	(135)
Portion allocated to owners of additional Tier 1 capital		27	50	18	34	75

STATEMENT OF COMPREHENSIVE INCOME

(Amounts in NOK 1 000 000)	Note	2nd quarter 2023	January - June 2023	2nd quarter 2022	January - June 2022	2022
Profit for the period		280	669	(77)	(429)	(60)
Other comprehensive income
Items which will not be reclassified to profit or loss
Change in fair value of liabilities due to changes in own credit risk	9	7	(54)	(40)	196	800
Actuarial gain/(loss) on pension liability		0	0	0	0	2
Tax		(2)	13	10	(49)	(200)
Total other comprehensive income		5	(40)	(30)	147	601
Total comprehensive income for the period		285	628	(107)	(282)	541