-PRE-TAX PROFIT OF DKK 631 MILLION (EUR 85 MILLION)
-Core earnings before credit loss expenses amounted to DKK 574m (EUR 77m)
against DKK 501m (EUR 67m) in the 1st quarter of 2006.
-Credit loss expenses of DKK 1m (EUR 0.1m) against an income of DKK 168m (EUR
23m) in the 1st quar-ter of 2006.
-Profit on own securities portfolio net of funding costs amounted to DKK 51m
(EUR 7m) against DKK 100m (EUR 13m) in the 1st quarter of 2006.
-Pre-tax profit equates to an annual return on opening shareholders' funds of
26.2%
-The solvency ratio is 11.1% (Tier 1 9.5%)
-Advances and deposits increased by 16% and 16%, respectively
-A re-assessment of the Bank's credit portfolio shows a better credit quality
than previously calculated.
-The use of economic capital was reduced by DKK 0.8bn (EUR 0.1bn)
-Doubling of the net influx of customers in the 4th quarter of 2006 and the 1st
quarter of 2007.
