Second quarter and first half report 2008

Financial highlights

Second quarter 2008
• Pre-tax operating profits before write-downs were NOK 4.6 billion (4.1)
• Profit for the period was NOK 3.4 billion (3.4)
• Return on equity was 18.1 per cent (20.4)
• Earnings per share were NOK 2.47 (2.50)
• The cost/income ratio was 49.0 per cent (49.1)
• The core capital ratio, including 50 per cent of interim profits, was 6.9 per cent (7.4)

First half 2008
• Pre-tax operating profits before write-downs were NOK 6.1 billion (7.8)
• Profit for the period was NOK 4.5 billion (6.3)
• Return on equity was 11.8 per cent (18.8)
• Earnings per share were NOK 3.27 (4.60)
• The cost/income ratio was 58.7 per cent (49.4)
• The core capital ratio, including 50 per cent of interim profits, was 6.9 per cent (7.4)