Norway Yearbook - 2003

Financial intermediation
548 Security brokers. Profit and loss account. Million kroner1
1997 1998 1999 2000 2001*
Operating income 2 988 2 344 3516 5209 3895
Broker commissions equity instruments 1 365 1128 1 012 1 627 1 091
Net trade equity instruments 86 86 201 150 104
Broker commissions debt instruments 11 5 2 1 0
Net trade debt instruments 38 40 42 39 68
Net income market making 157 36 261 113 47
Trade with other financial instruments 12 14 11 74 2
Other broker commissions (gains) 4 7 11 17 6
Income from issues and advisory activity 1 091 672 1177 1 869 1 313
Management of securities 79 134 432 800 865
Other income from investments 24 19 50 374 335
Capital management 95 49 32 33 5
Other operating income 26 154 284 111 60
Personnel costs 1 019 1 039 1 057 1 532 1 601
Other operating expenses 439 589 991 1 575 1 681
Operating profit 1 530 716 1 4.69 2 102 613
Investment income/charges -364 -189 -335 -324 50
Income from participations and subsidiaries 3 6 16 82 4
Share dividend .. .. 11 3 1
Interest income 84 121 162 281 328
Interest charges .. .. 77 169 176
Net gains and value adjustments .. .. -11 -2 20
Net other investment income/charges -451 -315 -437 519 182
Profit/losses on ordinary activities 1166 527 1134 1 779 563
Extraordinary income (+)/charges (-) -209 -180 -157 -205 -82
Tax 186 118 323 494 200
Profit/loss 771 229 654 1 080 281
Due loa new accounting law from 1999, the numbers before 1999 are not directly comparable with the numbers after 1999
Source: Financial institutions, Statistics Norway. More information: http://s,ssbno/firiansinxt..en/
549 Participation capital' in unit trusts, by investor sector. 2001. Per cent
Central government (4.8%)
Financial institutions (18.1 %)
Abroad (2.1%)
Non-financial institutions (19.6%)
Households (55.4%)
Participation capital except differences n exchange rates.
Source: Central Bank of Norway More information: http:/Awxw,norges-bank no/englislil.
Statistical Yearbook of Norway 2003 427