Norway Yearbook - 2003

Financial intermediation
543 Finance companies. Profit and loss account. Million kroner
Source: Central 8ank of Norway. More information: http:/Áwwi.ssb.no/finansinst_enl and http:/Mw.norges-bank.no/engIish/
5 44.
1997 1998 1999 2000 2001 2002*
Interest income and credit commissions on loans 2 894 4047 5 583 6 534 8 111 8371
Of which: Income from leasing 1194 1 731 2456 2797 3531 3452
Other interest income 59 143 125 148 176 143
Interest expenses 1 218 2 192 3046 3849 4990 4929
Net interest income 1 735 1 999 2 662 2834 3297 3 585
Other operating revenue
Dividens 71 126 3 5 49 36
Net profit/loss on securities 0 -2 2 0 0 0
Net profit/loss on foreign exchange and financial
instruments 14 21 22 39 59 -8
Commissions and fees 649 747 721 1135 1 243 1 302
Other operating revenue 467 591 748 938 1 282 1 214
Other operating expenses
Personal expenses 570 643 761 1138 1 365 1 430
Depreciations 61 99 180 217 287 186
Depreciations of non-financial assets 2 0 0 4 1 2
Other operating expenses 1176 1 402 1 642 1 876 2 112 2 315
Operating profit before losses and value
adjustments 1128 1337 1573 1717 2166 2195
Losses and value adjustments
Value adjustments (re-value adjustment) on financial
assets (capital assets) 0 0 -1 0 0
Loss/profit on financial assets 0 -3 -239 -3 -16 -
Net loss on loans and guarantees 125 191 324 328 416 555
Operating profit 1 004 1 148 1 490 1 392 1 767 1 640
Net extraordinary items 2 1 3 0 0 0
Taxes 249 186 410 314 554 491
Profit/loss 757 963 1 084 1 079 1 213 1 149
Finance companies. Balance sheet by financial instrument per 31 December.
Million kroner
19971998 1999 2000 2001 2002*
Assets
Notes and coins 1 2 2 2 2 2
Deposits 636 675 1 503 1 203 2 176 1 820
Commercial papers and treasury bills 20 - 10 101 109 97
Bonds 85 53 64 54 20
Shares and primary capital certificates 150 101 268 396 208 222
Loans1 (utilized) 39374 47909 61 352 70351 82605 86416
Grossloans 40308 48900 62426 71315 83400 87312
-Specified provisions on loans 934 991 1 074 964 795 897
-Unspecified provisions on loans 326 392 560 691 729 836
Other financial assets 1 420 1 656 1 981 2457 3015 2711
Other assets 206 206 507 189 195 201
Total 41566 50210 65127 74062 87602 90632
Liabilities
Commercial papers 1 675 3066 600 557 575 600
Bond loans 360 325 338 93 115 65
Other loans 31 453 38 507 53 688 61 578 70 562 73 630
Other liabilities 3685 3782 4635 5309 9144 7969
Share capital/primary capital certificate funds 2569 2 511 3 136 3225 3386 3649
Funds and other appropriations 1 827 2 021 2 730 3 300 3821 3 568
Receipts (net) - 1151
Total 41568 50211 65126 74062 87602 90632
Specifications
Claims on foreign debtors 1254 1412 2401 3104 3700 2961
Debts to foreign creditors 10880 13 656 14954 18944 27 247 25 745
1Loans after specified provisions.
Source: Central Bank of Norway. More information: httpíMww.ssb.no/finansinst_eni and http:/Mww.norges-bank.no/english/
424 Statistical Yearbook of Norway 2003