Komplett Bank annual report 2019

ADJUSTED RETURN OF EQUITY NOK million 31.12.2019 Profit after tax 202.9 + One-off cost related to losses on loans, after tax 78.4 + One-off cost related to anti-money laundering fee, after tax 18.0 = Adjusted profit after tax 299.2 NOK million 31.12.2018 31.12.2019 Average Equity 1,575.2 1,805.0 1,690.1 + Adjusted one-off cost, after tax N/A 78.4 N/A + Adjusted for one-off cost, anti-money laundering fee, after tax N/A 18.0 N/A = Adjusted equity 1,575.2 1,901.4 1,738.3 ROE adjusted: 299.2/1,738.3 = 17.2% Tier 1 capital to be subtracted from total equity in the balance sheet. Profit after tax can be found in the profit and loss. ADJUSTED LOSS PERCENTAGE/LOSS RATIO NOK million 31.12.2019 Losses on loan 1) 454.3 - One-off cost related to losses on loans, after tax 104.5 = Adjusted losses on loan 349.8 NOK million 31.12.2018 31.12.2019 Average Loans to customer 7,844.3 8,495.8 8,170.0 + Adjusted loans to customer N/A 104.5 N/A = Adjusted loans to customer 7,844.3 8,600.3 8,222.3 Adjusted loss percentage: 349.8/8,222.3 = 4.3% Losses on loans and loans to customers can be found in the annual report for 2019. 104 Notes to the financial statements