NIB - 1. Segment information

Nordic Investment Bank – Annual Report 2010

Download full report | Text size A A A | Home

Tools Tools

Material bank
Download page (PDF)

Share this:

Email Facebook LinkedIn Twitter

(1) SEGMENT INFORMATION

Operating segments

The Bank determines and presents operating segments based on the information that internally is provided to the Management. Segment results that are reported to the Management include items directly attributable to a segment as well as other items allocated on a reasonable basis.

In its segment reporting, NIB divides its operations into two major segments: lending and treasury operations. Treasury operations consist of asset and liability management and portfolio management.

	Lending	Asset and liability management	Portfolio management	Total	Lending	Asset and liability management	Portfolio management	Total
(Amounts in EUR 1,000)	2010	2010	2010	2010	2009	2009	2009	2009
Net interest income	115,641	40,075	77,935	233,650	104,687	37,398	76,913	218,998
Commission income and fees received	11,747	323	-	12,070	8,650	259	-	8,909
Commission expense and fees paid	-	-2,423	-	-2,423	-	-2,843	-	-2,843
Net profit on financial operations	343	38,956	18	39,317	-1	172,660	5,095	177,754
Foreign exchange gains and losses	-	2,822	-	2,822	-	-733	-	-733
Administrative expenses	-27,299	-1,201	-2,881	-31,381	-26,884	-989	-2,728	-30,601
Depreciation	-3,031	-1,193	-511	-4,735	-3,248	-1,278	-548	-5,074
Impairment of loans	-38,489	-	-	-38,489	-42,511	-	-	-42,511
Profit/loss for the year	58,912	77,359	74,561	210,832	40,693	204,475	78,732	323,900
Assets	13,833,120	8,803,054	2,261,656	24,897,830	13,818,927	6,554,234	2,050,310	22,423,470
Liabilities and equity	13,833,120	8,803,054	2,261,656	24,897,830	13,818,927	6,554,234	2,050,310	22,423,470


Geographical segments

The table below is based on the region where the borrowers reside, according to the domicile of the borrower's group headquarters.

	2010	2009
(Amounts in EUR 1,000)	Net interest income	Net interest income
Member countries
Denmark	9,407	8,588
Estonia	1,854	1,497
Finland	24,865	18,829
Iceland	4,701	4,476
Latvia	3,834	2,872
Lithuania	1,448	804
Norway	12,952	11,882
Sweden	24,222	22,680
Total, member countries	83,283	71,628


Non-member countries
Africa	2,145	2,247
Asia	9,204	9,359
Europe and Eurasia	11,568	11,659
Latin America	8,276	8,529
Middle East	1,165	1,265
Total, non-member countries	32,358	33,059
Total, net interest income from lending	115,640	104,687

Due to rounding, the total of individual items may differ from the reported sum.

Back to the top