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Simplified income statement and balance sheet

This is a simplified version of Swedbank's income statement and balance sheet. Further down is a link to the Annual and Sustainability Report 2020.

Simplified income statement, SEKm

+ Our income

Net interest income (interest income – interest expenses) 26 853
Net commission income 12 770
Net gains and losses on financial items 2 655
Other income 3 398
Total income 45 676

 

- Our expenses

- Staff costs 11 873
- Other expenses 8 687
- Administrative fine 4 000
- Total expenses 24 560

 

= Profit before impairment

+ Profit before impairment 21 116
- Impairments 4 336
- Tax 3 851

 

- Our profit attributable to shareholders

Profit attributable to shareholders 12 929

Swedbank’s dividend policy is to distribute 50 per cent of profit to shareholders, who demand a competitive return on the capital they invest.

The remaining 50 per cent is used to weather economic slowdowns in difficult times and to finance investments in increased customer value and growth.

 

Simplified balance sheet,SEKm

Our assets

Cash, treasury bills and bonds

490 977
Loans to the public 1 680 987
Loans to credit institutions 47 954
Derivatives 52 177
Other assets 322 547
Total assets 2 594 642

 

Our liabilities and equity

Deposits and borrowings from the public 1 148 240
Debt securities in issue 732 814
Derivatives 54 380
Other liabilities 504 015
Equity 155 193
Total liabilities and equity 2 594 642