SKEL Portfolio Update

Income Statement H1 2023 INCOME STATEMENT 1.1.-30.6.23 ISK million H1 2023 H1 2022 Fair value change of financial assets 2,065 496 Financial income (-expenses) 287 302 Other income 73 6,051 Investment income 2,424 6,849 Salaries and related expenses Other operating expenses Operating expenses (266) (406) (141) (230) (407) (636) Profit before tax 2,017 6,213 Income tax 43 (1,274) Net profit for the period 2,060 4,939 Profit after tax 2,060m.IS SKEL OPERATING EXPENSES ANNUALISED, ADJUSTED FOR STOCK OPTIONS FAIR VALUE CHANGES OF OTHER INVESTMENT ASSETS FAIR VALUE CHANGES OF LISTED SHARES 2% of equity 2,189 m.ISK (124) m.ISK

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