Continued strong progress within all business areas Total business activities increased by 25 % to DKK 8,300 million and DKK 12,400 million, including deposits Lending increased by 25 % and deposits by 38 % Basic capital increased by 40 % to DKK 686 million and solvency rate of 13.5 % Strongly increased liquidity reserves with excess solvency compared with statu-tory requirements of 91 % compared with 41 % as at the end of 2006 Reduction in positive price adjustments and write-downs in the fourth quarter means that the result before taxes is DKK 52.6 million Organisation development, capital base and liquidity resources ensure good basis for future development