Financial statement

INCOME STATEMENT

(Amounts in NOK 1 000 000)	Note	2nd quarter 2024	January - June 2024	2nd quarter 2023	January - June 2023	2023
Interest income from assets measured at amortised cost		4 882	9 570	3 303	6 519	15 411
Interest income from assets measured at fair value		1 765	3 758	1 752	3 003	6 933
Total interest income		6 647	13 328	5 055	9 522	22 345
Interest expense		6 097	12 224	4 548	8 507	20 240
Net interest income	1	550	1 104	507	1 015	2 105
Fees and commission expenses		33	66	36	65	126
Net gain/(loss) on financial instruments	2	193	273	(48)	66	212
Increased/(reduced) provision for expected credit loss	6	0	(9)	(7)	(4)	(10)
Total other operating income		159	216	(77)	5	96
Salaries and administrative expenses		49	110	42	91	190
Depreciation of fixed and intangible assets		12	23	10	21	43
Other operating expenses		28	50	23	40	92
Total operating expenses		88	184	75	151	325
Profit before tax		622	1 136	355	870	1 876
Income tax		128	252	75	201	444
Profit for the period		493	884	280	669	1 432
Portion allocated to shareholder		453	803	253	618	1 301
Portion allocated to owners of additional Tier 1 capital		40	81	27	50	131

STATEMENT OF COMPREHENSIVE INCOME

(Amounts in NOK 1 000 000)	Note	2nd quarter 2024	January - June 2024	2nd quarter 2023	January - June 2023	2023
Profit for the period		493	884	280	669	1 432
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	(212)	(309)	7	(54)	484
Actuarial gain/(loss) on pension liability		0	0	0	0	(8)
Tax		53	77	(2)	13	(119)
Total other comprehensive income		(159)	(231)	5	(40)	357
Total comprehensive income for the period		335	652	285	628	1 789
Portion allocated to shareholder		294	571	258	578	1 658
Portion allocated to owners of additional Tier 1 capital		40	81	27	50	131