Key Figures Primary Capital Certificates
| Nøkkeltall | 2005 | 2004 | 2003 | 2002 | 2001 |
| | | | | | |
| | | | | | |
| Market price 31 December, NOK | 230,0 | 144,0 | 107,7 | 60,0 | 82,2 |
| Taxable price as of 1 January following year, NOK | 149,18 | 93,60 | 69,66 | 59,67 | 81,50 |
| Dividend per ceritificate, NOK | 14,0 | 9,2 | 6,7 | 3,3 | 6,3 |
| Direct return 1) | 6,1 % | 6,4 % | 6,2 % | 5,6 % | 7,7 % |
| Effective return 2) | 66,1 % | 40,0 % | 85,0 % | 19,3 % | 8,1 % |
| Book value per certificate, NOK 3) | 80,5 | 82,0 | 72,8 | 68,8 | 72,8 |
| Earnings per certificate, NOK 4) | 21,0 | 15,0 | 10,9 | 0,9 | 8,2 |
| Allocated to equalization reserve per certificate, NOK | 6,9 | 5,8 | 4,2 | 0,9 | 3,5 |
| Payout ratio, net 5) | 67 % | 61 % | 61 % | 357 % | 77 % |
| Primary capital certificate percentage 6) | 53,0 % | 56,3 % | 58,4 % | 60,2 % | 61,2 % |
| RISK amount as of 1 january following year, NOK | 1,79 | 6,06 | 4,31 | 0,97 | 3,15 |
| Number of issued primary capital certificates 31 December | 22.614.585 | 22.614.585 | 22.614.585 | 22.614.585 | 22.614.585 |
| Own primary capital certificates 31 December | 58.976 | 1.435 | 115.985 | 206.670 | 168.000 |
| Number of primary capital certificates outstanding 31 December | 22.555.609 | 22.613.150 | 22.498.600 | 22.407.910 | 22.446.580 |
| Primary capital certificates traded per year (in of issued certificates) | 36 % | 27 % | 31 % | 27 % | 20 % |
1) Dividend as a percentage of the Stock Exchange price at the end of
the year
2) Price rise during the year, plus paid dividends, as a percentage of
the Stock Exchange price at the beginning of the year.
3) Book equity multiplied by the primary capital certificate
percentage, divided by the number of outstanding certificates.
4)The share of profit after tax attributable to primary capital
certificates.
5) Dividend per certificate as a percentage of profit per certificate.
6) The primary capital, the equalization reserve and the share premium
account as a percentage of the parent bank's equity at the end of the
year (excluding the revaluation reserve).
the year
2) Price rise during the year, plus paid dividends, as a percentage of
the Stock Exchange price at the beginning of the year.
3) Book equity multiplied by the primary capital certificate
percentage, divided by the number of outstanding certificates.
4)The share of profit after tax attributable to primary capital
certificates.
5) Dividend per certificate as a percentage of profit per certificate.
6) The primary capital, the equalization reserve and the share premium
account as a percentage of the parent bank's equity at the end of the
year (excluding the revaluation reserve).
On 1 April 2005, the primary capital certificates were split in two and this was followed by a capitalisation issue whereby four certificates entitled owners to one new (free) certificate. All figures are justed.