Financial statement

INCOME STATEMENT

(Amounts in NOK 1 000 000)	Note	2nd quarter 2025	January - June 2025	2nd quarter 2024	January - June 2024	2024
Interest income from assets measured at amortised cost		5 074	10 142	4 882	9 570	19 557
Interest income from assets measured at fair value		1 408	2 945	1 765	3 758	7 375
Total interest income		6 482	13 087	6 647	13 328	26 931
Interest expense		5 913	11 967	6 097	12 224	24 678
Net interest income	1	568	1 121	550	1 104	2 253
Fees and commission expenses		33	60	33	66	125
Net gain/(loss) on financial instruments	2	44	206	193	273	157
Increased/(reduced) provision for expected credit loss	6	1	11	0	(9)	(9)
Total other operating income		10	135	159	216	41
Salaries and administrative expenses		64	126	49	110	221
Depreciation of fixed and intangible assets		13	25	12	23	48
Other operating expenses		35	60	28	50	115
Total operating expenses		112	211	88	184	383
Profit before tax		467	1 044	622	1 136	1 911
Income tax		89	229	128	252	437
Profit for the period		378	815	493	884	1 474
Portion allocated to shareholder		335	733	453	803	1 312
Portion allocated to owners of additional Tier 1 capital		43	83	40	81	162

STATEMENT OF COMPREHENSIVE INCOME

(Amounts in NOK 1 000 000)	Note	2nd quarter 2025	January - June 2025	2nd quarter 2024	January - June 2024	2024
Profit for the period		378	815	493	884	1 474
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	139	139	(212)	(309)	(305)
Actuarial gain/(loss) on pension liability		0	0	0	0	11
Tax		(35)	(35)	53	77	73
Total other comprehensive income		104	104	(159)	(231)	(220)
Total comprehensive income for the period		482	919	335	652	1 254
Portion allocated to shareholder		440	837	294	571	1 091
Portion allocated to owners of additional Tier 1 capital		43	83	40	81	162