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AVANZA II Interim Report January - June 2021 Second quarter 2021 compared to second quarter 2020 Operating income increased by 43 per cent to SEK 754 million . All revenue lines improved . Mainly net brokerage income increased , a result of higher trading activity due to more brokerage - generating customers . Fund commissions and currency - related income was also higher ● ● Operating expenses increased by 17 per cent to SEK 216 million , mainly due to more staff and consequently higher personnel costs ● The cost increase for the full year is estimated at about 15 per cent , as previously announced , excluding extraordinary relocation and rental costs for 2020 and 2021 Operating profit amounted to SEK 536 million , an increase of 61 per cent Profit for the period was SEK 451 million , an increase of 61 per cent Events during the quarter Avanza Bank AB reported itself to the Swedish Authority for Privacy Protection due to a potential breach of the GDPR Milestones and Savings Targets were launched to support customers and encourage savings The Nordic Swan Ecolabel was introduced for funds to make sustainable savings easier Avanza ranked highest among banks and number four overall in Kantar Sifo's reputation index 2021 , which means that one of the year's sustainability targets has been reached No. of customers + 36 % Total 1,518,200 Savings capital + 61 % Total SEK 714 bn Operating income , SEK m Operating expenses , SEK m Operating profit , SEK m Profit for the period , SEK m Earnings per share before dilution , SEK Operating margin , % Net inflow , SEK m No. of new customers ( net ) No. of customers at the end of the period Savings capital at the end of the period , SEK m Income to savings capital ratio , % Costs to savings capital ratio , % " In the second quarter , we passed 1.5 million customers and SEK 700 billion in savings capital . Although trading activity was lower than in the first quarter , turnover and the number of notes are at a higher level than in 2020. Over 50 % more customers since the beginning of 2020 have definitely helped to raise our lowest level , " says CEO Rikard Josefson . Q2 2021 754 -216 536 451 2.91 71 Q1 Change 2021 957 -202 756 632 4.08 79 22,900 30,500 85,100 152,800 1,518,200 1,433,200 713,600 653,900 0.44 0.63 0.13 0.13 % -21 7 -29 -29 -29 -8 -25 -44 6 9 -0.18 -0.01 Q2 2020 526 -185 333 281 1.83 63 19,400 53,000 1,115,500 444,600 0.52 0.18 Change 小米 3 17 17 59 。 % 43 61 61 8 Jan - Jun 61 -0.08 -0.06 2021 1,710 -419 1,292 1,082 6.98 76 Jan - Jun 2020 1,067 -364 694 585 3.81 65 18 53,500 41,300 60 237,900 139,100 36 1,518,200 1,115,500 713,600 444,600 0.53 0.52 0.13 0.18 Change % 60 15 86 85 83 11 30 71 36 61 0.00 -0.05 Numbers in the parentheses refer to the corresponding period or date in previous year unless otherwise is stated . For definitions see page 25 .