Income statement

In accordance with IFRS
Group
SEKm 2008 2007
Interest income 79 563 67 087
Interest expenses –57 861 –47 930
Net interest income 21 702 19 157
 
Dividends received    
Commission income 12 241 12 939
Commission expenses –3 411 –3 059
Net commissions 8 830 9 880
 
Net gains and losses on financial items at fair value 2 351 1 691
Insurance premiums 1 563 1 711
Insurance provisions –1 111 –1 163
Net insurance 452 548
 
Share of profit or loss of associates 512 424
Other income 2 616 1 224
Total income 36 463 32 924
 
Staff costs 10 092 9 792
Other general administrative expenses 6 994 6 222
Total general administrative expenses 17 086 16 014
 
Depreciation/amortisation and impairment of tangible and intangible fixed assets 999 705
Total expenses 18 085 16 719
Profit before loan losses 18 378 16 205
Impairment of goodwill 1 403
Loan losses, net 3 156 619
Impairment of financial fixed assets    
Operating profit 13 819 15 586
Appropriations    
Tax expense 2 880 3 450
Profit for the year 10 939 12 136
 
Profit for the year attributable to:
Shareholders of Swedbank AB 10 887 11 996
Minority interest 52 140
 
SEK 2008 2007
Earnings per share 19,44 21,78
Earnings per share after dilution 19,44 21,78