Net profit for the period


INCOME STATEMENT (DKr m)	Q1 2008	Q1 2007	Index 08/07	Full year 2007
Net interest income	6,2361,322666836	5,730	109	24,391
Financing	376804050	392	96	1,663
Investment	320683443	517	62	1,728
Services	37845	33	112	110
Fees generated by activities	7331557898	942	78	3,501
Financing	168361823	141	119	631
Investment	457974961	549	118	2,480
Services	85518191115	603	110	2,554
Fees generated by portfolios	1,480314158198	1,293	114	5,665
Net fee income, Sampo	0000	-	-	-
Net fee income	2,213469236297	2,235	99	9,166
Net trading income	1,358288145182	1,834	74	7,378
Other income	1,037220111139	873	119	3,010
Net income from insurance business	-565-120-60-76	311	-	1,118
Total income	10,2792,1801,0971,378	10,983	94	45,063
Staff expenses	3,057648326410	2,771	110	11,717
Severance pay	24533	92	26	426
Holiday payment*	17422	27	63	26
Bonuses	312663342	322	97	1,265
IT expenses	85018091114	648	131	2,828
Other expenses	1,188252127159	1,190	100	5,227
Staff and administration expenses, Sampo	0000	-	-	-
Staff and administration expenses, total	5,4481,155581731	5,050	108	21,489
Depreciation, intangibles	314673442	364	86	1,640
Depreciation, tangibles	5401155872	448	121	1,894
Other operating expenses	21423	5	-	47
Operating expenses	6,3231,341675848	5,867	108	25,070
Hereof integration expenses	219462329	139	158	1,011
Profit before credit loss expenses	3,956839422531	5,116	77	19,993
Credit loss expenses	5421155873	-178	-	687
Profit before tax	3,414724364458	5,294	64	19,306
Tax	84718090114	1,472	58	4,436
Net profit for the period	2,567544274344	3,822	67	14,870
Attributable to minority interests	1000	1	100	57
* In Denmark, second quarter affected by 6th week Holiday payment.