Income statement

SEKm		In accordance with IFRS Group		In accordance with ÅRKL Parent Company
	Note	2009	2008	2009	2008
Interest income		56 399	79 563	31 498	47 066
Interest expenses		-35 634	-57 861	-21 936	-38 237
Net interest income	7	20 765	21 702	9 562	8 829
Dividends received	8			1 493	1 583
Commission income		11 397	12 241	5 522	5 462
Commission expenses		-3 572	-3 411	-1 562	-1 252
Net commissions	9	7 825	8 830	3 960	4 210
Net gains and losses on financial items at fair value	10	2 770	2 351	587	855
Insurance premiums		1 617	1 563
Insurance provisions		-970	-1 111
Net insurance		647	452
Share of profit or loss of associates	29	866	512
Other income	11	1 909	2 616	1 709	2 519
Total income		34 782	36 463	17 311	17 996
Staff costs	12	9 201	10 092	6 136	6 568
Other general administrative expenses	13, 14	7 758	6 994	4 880	4 470
Total general administrative expenses		16 959	17 086	11 016	11 038
Depreciation/amortisation and impairments of tangible and intangible fixed assets	15	889	972	359	395
Total expenses		17 848	18 058	11 375	11 433
Profit before impairments		16 934	18 405	5 936	6 563
Impairments of intangible assets	16	1 305	1 403
Impairments of tangible assets	17	449	27	2
Credit impairments	18	24 641	3 156	2 536	762
Impairments of financial fixed assets	19			7 114	2 965
Operating profit		-9 461	13 819	-3 716	2 836
Appropriations	20			5 039	-690
Tax expense	21	981	2 880	2 155	830
Profit for the year		-10 442	10 939	-832	1 316
Profit for the year attributable to:
Shareholders of Swedbank AB		-10 511	10 887
Non-controlling interests		69	52
SEK	23	2009	2008
Earnings per share		-10,66	16,51
Earnings per share after dilution		-10,66	16,51