NORDAX GROUP YEAR-END REPORT JANUARY-DECEMBER 2016

JANUARY-DECEMBER 2016 Numbers compared with January-December 2015 • Loan portfolio grew by 18% (8), in constant currencies by 12% (13) • Net interest margin increased to 9.3% (8.9) • Total operating income increased to 1,176 MSEK (888). Adjusted total operating income increased to 1,113 MSEK (943) • Adjusted cost to income ratio (rolling 12 months) improved to 27.3% (28.5) • Operating profit improved to 573 MSEK (250). Adjusted operating profit increased by 30% to 510 MSEK (392) • Net profit increased to 446 MSEK (195) • Earnings per share were 4.02 SEK (1.76).