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Danmarks Nationalbank posts a profit of kr. 3.6 billion for 2015

Danmarks Nationalbank's accounts for 2015 show a profit of kr. 3.6 billion. This is to a large extent attributable to the pressure on the krone in early 2015, which resulted in a net profit of just over kr. 2 billion for Danmarks Nationalbank.


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REPORT AND ACCOUNTS 2015

Danmarks Nationalbank's accounts for 2015 show a profit of kr. 3.6 billion. This is to a large extent attributable to the pressure on the krone in early 2015, which resulted in a net profit of just over kr. 2 billion for Danmarks Nationalbank. At the same time, the new investment strategy with exposures to e.g. equities and corporate bonds also made a positive contribution.

Danmarks Nationalbank's operating expenses rose by kr. 84 million compared with the previous year, reflecting investment in an IT-supporting infrastructure and higher expenses for the production of banknotes and coins, the reason being that extra supplies of cash have been produced in view of the forthcoming outsourcing of production.

Danmarks Nationalbank transfers kr. 868 million to the central govern-ment. The accounts were approved at the meeting of the Board of Directors of Danmarks Nationalbank on 15 March 2016.

ELECTION TO THE BOARD OF DIRECTORS AND THE COMMITTEE OF DIRECTORS

The Board of Directors has elected Lizette Risgaard, President of the Danish Confederation of Trade Unions, and Claus Jensen, President of the Danish Metalworkers' Union, to the Board of Directors for the period 1 April 2016 to 31 March 2021. They replace Kirsten Nissen and Hans Jensen. The Board of Directors has also elected Kristian Hundebøll, CEO of DLG, to the Board of Directors for the period 1 April 2016 to 31 March 2017. He replaces Kjeld Johannesen.

The Board of Directors has elected Bente Sorgenfrey, President of the Confederation of Professionals in Denmark, to the Committee of Directors for the period 1 April 2016 to 31 March 2017. She replaces Kirsten Nissen.

The Royal Bank Commissioner has appointed Barbara Bertelsen, Perma-nent Secretary, Ministry of Justice, to the Board of Directors and the Committee of Directors for the period 1 April 2016 to 31 March 2021. She replaces Anne Kristine Axelsson.

All members of the Board of Directors and of the Committee of Directors can be found at Danmarks Nationalbank's website, www.nationalbanken.dk. The Report and Accounts 2015 published today can also be found at the website.

Enquiries can be directed to Julie Holm Simonsen on tel. +45 3363 6022.