Eksportfinans presents its accounts according to International Financial Reporting Standard (IFRS). Financial reports are published quarterly in addition to the yearly annual report (Norwegian/EU regulation) and form 20-F (US regulation, filed with the US Securities and Exchange Commission). Eksportfinans filed its last 20-F report on April 25, 2017.
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|First quarter 2018||
First quarter 2017
|Net interest income||NOK 35 million||NOK 62 million|
|Profit for the period||NOK 14 million||NOK (152) million|
|Total comprehensive income||NOK (14) million||NOK (152) million|
|Total assets||NOK 20.005 million||NOK 33.039 million|
|Core capital adequacy||98.5 %||66.7 %|
|Leverage ratio||35.5 %||19.4 %|
|Exchange rate NOK/USD||NOK 7.7773||NOK 8.5757|
Some of the information herein constitutes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside of Eksportfinans' control, which may cause actual results to differ materially from any future results expressed or implied from the forward-looking statements. As a result, any forward-looking statements included herein should not be regarded as a representation that the plans, objectives, results or other actions discussed will be achieved. Please see the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission for a discussion of certain factors that may cause actual results, performance or events to be materially different from those referred to herein. Eksportfinans disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.