SPAREBANK1 SMN financials
SPAREBANK1 SMN
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
7V6Z97IO7R1SEAO84Q32 ISIN: NO0006390301 Financial statements
(NOK, as reported — unscaled; 103 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 9.12B | NOK 7.51B |
| Other income | NOK 1.01B | NOK 913.0M |
| Operating expenses | NOK 3.30B | NOK 3.02B |
| Employee benefits expense | NOK 1.98B | NOK 1.69B |
| Profit before tax | NOK 5.65B | NOK 4.48B |
| Income tax expense | NOK 1.05B | NOK 904.0M |
| Profit for the year | NOK 4.59B | NOK 3.69B |
| — attributable to NCI | NOK 106.0M | NOK 74.0M |
| Total comprehensive income | NOK 4.50B | NOK 3.53B |
| Per share | ||
| Diluted EPS | NOK 20.10 | NOK 16.88 |
| Cash flow statement | ||
| Net cash from operating activities | NOK 877.0M | NOK 8.02B |
| Net cash from investing activities | -NOK 432.0M | NOK 482.0M |
| Net cash from financing activities | -NOK 962.0M | -NOK 8.50B |
| Dividends paid | NOK 1.73B | NOK 840.0M |
| Balance sheet | ||
| Total assets | NOK 247.70B | NOK 232.72B |
| Intangible assets & goodwill | NOK 1.23B | NOK 1.23B |
| Cash & equivalents | NOK 654.0M | NOK 1.17B |
| Total equity | NOK 30.52B | NOK 28.60B |
| Non-controlling interests | NOK 821.0M | NOK 666.0M |
| Derived metrics | ||
| Free cash flow | NOK 636.0M | NOK 7.81B |
| Net margin | 50.3% | 49.1% |
| Return on equity | 15.0% | 12.9% |
| Cash conversion ratio | 0.19× | 2.17× |
| Capex coverage | 3.64× | 38.72× |
| Other reported items | ||
| Actuarial Gains Losses Arising From Changes In Financial Assumptions Net of Tax Defined Benefit Plans | NOK 52.0M | -NOK 20.0M |
| Adjustments For Decrease Increase In Derivative Financial Assets | -NOK 766.0M | NOK 221.0M |
| Adjustments For Decrease Increase In Loans and Advances To Banks | -NOK 414.0M | NOK 4.52B |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -NOK 10.46B | -NOK 6.83B |
| Adjustments For Decrease Increase In Other Assets | NOK 2.42B | NOK 2.95B |
| Adjustments For Increase Decrease In Deposits From Banks | NOK 748.0M | -NOK 1.47B |
| Adjustments For Increase Decrease In Deposits From Customers | NOK 8.03B | NOK 738.0M |
| Adjustments For Increase Decrease In Other Liabilities | -NOK 3.96B | -NOK 3.94B |
| Bank Debt Instruments Held | NOK 36.65B | NOK 34.16B |
| Cash and Bank Balances At Central Banks | NOK 654.0M | NOK 1.17B |
| Cash and Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed2013 | — | NOK 35.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | NOK 0 | NOK 0 |
| Changes In Equity | -NOK 2.57B | NOK 260.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 106.0M | NOK 74.0M |
| Debt Securities | NOK 36.57B | NOK 33.42B |
| Deposits From Banks | NOK 13.94B | NOK 13.16B |
| Deposits From Customers | NOK 140.90B | NOK 132.89B |
| Derivative Financial Assets | NOK 7.23B | NOK 6.66B |
| Derivative Financial Liabilities | NOK 6.15B | NOK 6.99B |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | NOK 9.0M | NOK 121.0M |
| Dividends Received Classified As Investing Activities | NOK 33.0M | NOK 26.0M |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | NOK 201.0M | NOK 391.0M |
| Equity and Liabilities | NOK 247.70B | NOK 232.72B |
| Equity Instruments Held | NOK 1.05B | NOK 1.14B |
| Fee and Commission Expense | NOK 224.0M | NOK 199.0M |
| Fee and Commission Income | NOK 1.61B | NOK 1.37B |
| Fee and Commission Income Expense | NOK 2.39B | NOK 2.08B |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | NOK 1.36B | NOK 799.0M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition | NOK 70.0M | NOK 476.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | -NOK 4.0M | -NOK 5.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | NOK 176.0M | NOK 14.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | NOK 17.0M | -NOK 7.0M |
| Increase Decrease In Cash and Cash Equivalents | -NOK 517.0M | NOK 1.0M |
| Increase Decrease Through Disposal of Subsidiary | — | NOK 110.0M |
| Increase Decrease Through Transfers and Other Changes Equity | NOK 0 | -NOK 16.0M |
| Increase Decrease Through Treasury Share Transactions | NOK 1.0M | NOK 2.0M |
| Interest Expense | NOK 8.19B | NOK 6.63B |
| Interest Paid Classified As Operating Activities | -NOK 4.93B | -NOK 3.60B |
| Interest Received Classified As Operating Activities | NOK 10.96B | NOK 8.80B |
| Interest Revenue Calculated Using Effective Interest Method | NOK 11.69B | NOK 9.72B |
| Interest Revenue Expense | NOK 5.37B | NOK 4.63B |
| Investment Accounted For Using Equity Method | NOK 10.08B | NOK 8.70B |
| Investments In Subsidiaries Joint Ventures and Associates | NOK 0 | NOK 0 |
| Issue of Equity | — | NOK 1.88B |
| Issued Capital | NOK 2.88B | NOK 2.88B |
| Liabilities | NOK 217.18B | NOK 204.12B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | NOK 2.0M | NOK 1.0M |
| Loans and Advances To Banks | NOK 9.17B | NOK 8.75B |
| Loans and Advances To Customers | NOK 179.25B | NOK 168.96B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | NOK 190.0M | NOK 112.0M |
| Other Assets | NOK 2.19B | NOK 1.85B |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 1.21B | NOK 1.51B |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 1.38B | NOK 1.64B |
| Other Comprehensive Income | -NOK 91.0M | -NOK 158.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 70.0M | -NOK 27.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -NOK 153.0M | -NOK 145.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 62.0M | -NOK 14.0M |
| Other Expense By Nature | NOK 1.32B | NOK 1.33B |
| Other Liabilities | NOK 3.53B | NOK 3.00B |
| Other Reserves | NOK 3.71B | NOK 2.68B |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | -NOK 80.0M | NOK 163.0M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | NOK 0 | NOK 0 |
| Proceeds From Issue of Subordinated Liabilities | NOK 902.0M | NOK 826.0M |
| Proceeds From Noncurrent Borrowings | NOK 7.59B | NOK 5.28B |
| Proceeds From Sale Or Issue of Treasury Shares | NOK 1.0M | NOK 153.0M |
| Proceeds From Sales of Interests In Associates | NOK 198.0M | NOK 142.0M |
| Proceeds From Sales of Investments Accounted For Using Equity Method | NOK 0 | NOK 0 |
| Profit Loss From Discontinued Operations | -NOK 2.0M | NOK 108.0M |
| Purchase of Interests In Investments Accounted For Using Equity Method | NOK 717.0M | NOK 198.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | NOK 241.0M | NOK 207.0M |
| Repayments of Noncurrent Borrowings | NOK 4.82B | NOK 11.20B |
| Repayments of Subordinated Liabilities | NOK 400.0M | NOK 793.0M |
| Revenue From Dividends | NOK 33.0M | NOK 26.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -NOK 148.0M | -NOK 140.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | NOK 9.0M | NOK 6.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 1.25B | NOK 297.0M |
| Share Premium | NOK 2.42B | NOK 2.42B |
| Subordinated Liabilities | NOK 13.35B | NOK 12.41B |
| Treasury Shares | NOK 0 | NOK 0 |
Methodology
Every line item above is a fact tagged in SPAREBANK1 SMN's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.