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Norway Yearbook - 2003

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Financial intermediation<br />

537 Savings banks. Profit and loss account. Million kroner<br />

1998 1999<br />

Interest income and credit commissions on loans 24397 31 264<br />

Other interest income 2 274 2 860<br />

Interest on deposits from customers 11 610 15346<br />

Other interest expenses 3 842 5 909<br />

Premium to guarantee fund 143 166<br />

Netinterest income 11076 12703<br />

Other operating revenue<br />

Dividens 388 873<br />

Net profit/loss on securities -319 819<br />

Net profit/loss on foreign exchange and financial<br />

instruments 305 244<br />

Commissions and fees 2716 3048<br />

Other operating revenue 257 233<br />

Other operating expenses<br />

Personal expenses 4342 4875<br />

Depreciations 548 570<br />

Value adjustments on non-financial assets 4 4<br />

Other operating expenses 4250 4786<br />

Operating profit before losses and value adjustments 5278 7684<br />

Losses and value adjustments<br />

Value adjustments (re-value adjustments) on<br />

financial assets -100 76<br />

Loss/profit on sale of assets -216 -606<br />

Losses on short-term and long-term securities - -<br />

Net loss on loans and guarantees 767 1 022<br />

Operating profit 4828 7191<br />

2000 2001 2002*<br />

36394 44463 47 110<br />

3412 4070 3 906<br />

17346 22069 22743<br />

8283 10852 11 362<br />

10 415 467<br />

14167 15196 16443<br />

1 012 909 326<br />

124 -175 -679<br />

317 373 177<br />

3598 3919 4154<br />

197 236 255<br />

5237 5608 5968<br />

678 726 722<br />

1 39 35<br />

5 336 5 566 5886<br />

8163 8520 8 064<br />

22 54 347<br />

-2554 375 120<br />

- 10 7<br />

1 226 1 667 2 520<br />

9470 7163 5310<br />

Net extraordinary items 5 0 0 5 1<br />

Taxes 1 332 1 598 2 477 1 988 1 488<br />

Profit/loss for the year 3 500 5 593 6993 5 180 3823<br />

Source: Central Bank of <strong>Norway</strong>. More information: http:/Awvw.ssb.no/finansinst_ert/ and http://www.norges-bank.flo/eflglish/<br />

538<br />

Savings banks. Balance sheet by financial instrument per 31 December.<br />

Million kroner<br />

1997 1998 1999<br />

Assets<br />

Notes and coins 2 643 2 767 3 303<br />

Deposits 10774 12106 15838<br />

Commercial papers and treasury bills 7695 8286 16354<br />

Bonds 13829 17883 16417<br />

Shares, participations and primary capital<br />

certificates 7 381 7 621 10433<br />

Loans1 (utilized) 313955 348 111 418765<br />

Grossloans 310341 351 277 422043<br />

-Specified provisions on loans 3614 3 166 3278<br />

-Unspecified provisions on loans 2 278 2 656 3 256<br />

Other financial assets 4449 5475 6743<br />

Other assets 3 565 3 789 3813<br />

Total 362015 403381 488411<br />

Liabilities<br />

Deposits 266395 284414 336431<br />

Commercial papers 19859 18945 32 224<br />

Bondloans 34751 48981 56812<br />

Otherloans 3350 8429 13484<br />

Other liabilities 9043 9117 10761<br />

Share capita Vprimary capital certificate funds. 6232 8 708 8905<br />

Funds and other appropriations 22 384 24786 29 793<br />

Receipts (net) - - -<br />

Total 362015 403381 488411<br />

2000 2001<br />

3096 3070<br />

17443 15513<br />

6508 3973<br />

25751 34214<br />

13856 14589<br />

485661 544484<br />

488798 548014<br />

3137 3530<br />

3 889 4348<br />

6824 8 501<br />

4092 5 187<br />

559343 625183<br />

366272 394410<br />

41 226 40617<br />

83747 109871<br />

10727 19234<br />

11556 12596<br />

8986 9 114<br />

30 819 39 341<br />

6009<br />

559343 625183<br />

440835<br />

44097<br />

119919<br />

12193<br />

13950<br />

11 257<br />

35 779<br />

3281<br />

681311<br />

Specifications<br />

Claims on foreign debtors 8392 10596 11246 12655 17561 18406<br />

Debts to foreign creditors 37 638 45 626 70 734 87 744 102 002 99849<br />

1Loans after specified provisions,<br />

Source: Central Bank of <strong>Norway</strong>. More information: http:/Asvw.ssb.no/finansinst_en/ and http://swwv.nor9es-bank.no/engllsh/<br />

Statistical <strong>Yearbook</strong> of <strong>Norway</strong> <strong>2003</strong> 421<br />

2002*<br />

3092<br />

18926<br />

4069<br />

40302<br />

13076<br />

592839<br />

597319<br />

4480<br />

4 586<br />

8389<br />

5204<br />

681311

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