Vestjysk Bank A/S announced earnings results for the first quarter of ended March 31, 2012. For the quarter, the company reported interest income of DKK 380.898 million against DKK 366.027 million a year ago. Net interest income was DKK 210.853 million against DKK 200.278 million a year ago. Profit before tax was DKK 13.716 million against DKK 8.674 million a year ago. Profit for the period was DKK 10.000 million against DKK 5.701 million a year ago. Diluted earnings per share were DKK 0.47 against DKK 0.46 a year ago. Cash inflow from operating activities, total was DKK 2,503.864 million compared to cash outflow from operating activities, total of DKK 929.249 million a year ago. Payments for property, plant and equipment was DKK 1.338 million against DKK 4.668 million a year ago. Core income was DKK 278 million against DKK 270 million a year ago. This improvement was primarily due to an increase in net interest income, which rose by 5.5% from DKK 200 million in first quarter 2011 to DKK 211 million in first quarter 2012. Core earnings before impairments were DKK 123 million against DKK 118 million a year ago. Profit before tax was DKK 14 million against DKK 9 million a year ago. Profit after tax was DKK 10 million against DKK 6 million a year ago. Return on equity after tax, annually was 2.1% against 1.1% a year ago. The company reported impairments on loans and receivables for the first quarter ended March 31, 2012. The company reported impairments of loans and receivables totalled was DKK 106 million for the period. The bank maintains its outlook for fiscal year 2012: Core earnings in the range DKK 550-600 million before impairments and before costs related to the Aarhus Lokalbank merger, a rate of cost of 55 and impairments on loans and receivables of around 1.5%.