Table
Pension funds. Profitt and loss account. NOK million | 2015 | 2016 | 2017 | 2018 | 2019 |
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Earned premiums, net of reinsurance | 22 940 | 15 098 | 14 262 | 15 899 | 17 111 |
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Gross premiums written | 15 391 | 14 805 | 13 966 | 15 210 | 16 622 |
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Reinsurers share of gross premiums writtens | -23 | -22 | -18 | -12 | -15 |
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Transfer of premiumreserve from other companies | 7 573 | 315 | 314 | 701 | 504 |
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| | | | | |
Claims incurred, net of reinsurance | 8 223 | 8 574 | 8 822 | 10 377 | 9 839 |
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Gross pensions and claims payments | 7 784 | 8 163 | 8 622 | 9 195 | 9 752 |
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Reinsurance share of gross claims payments | -2 | -12 | -1 | -2 | -1 |
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Other appropriations | 46 | .. | .. | .. | .. |
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Transfers of premiumreserve etc. to other companies | 395 | 422 | 201 | 1 184 | 88 |
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| | | | | |
Net change in technical provisions | 23 647 | 19 496 | 26 940 | 2 955 | 38 076 |
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Premium reserve | 18 378 | 10 623 | 8 738 | 10 120 | 11 546 |
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Other technical provisions | 2 091 | 1 790 | 2 121 | 730 | 4 518 |
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To/from revaluation reserve | 933 | 1 962 | 10 142 | -11 211 | 18 761 |
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Means allocated insurance contracts | 2 245 | 5 120 | 5 939 | 3 315 | 3 250 |
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| | | | | |
Other operating income (+)/costs (-) | -338 | -374 | -434 | -437 | -484 |
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Operating income from real property | 647 | 694 | 667 | 744 | 786 |
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Other operating income | 21 | 24 | 14 | 85 | 44 |
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Personell costs | 473 | 487 | 655 | 669 | 715 |
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Commision submitted | 154 | 172 | 42 | 44 | 53 |
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Operating costs from real property | 104 | 110 | 85 | 91 | 116 |
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Other operating costs | 274 | 324 | 333 | 462 | 429 |
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| | | | | |
Investment income (+)/ charges (-) | 7 139 | 7 333 | 7 169 | 7 277 | 8 114 |
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Bonds and certificates | 4 187 | 3 835 | 3 616 | 3 624 | 3 982 |
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Interest income other assets | 597 | 458 | 705 | 742 | 438 |
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Share dividend etc. | 2 365 | 3 060 | 2 855 | 2 922 | 3 718 |
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Interest charges | 9 | 20 | 8 | 11 | 24 |
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| | | | | |
Gains/losses, Value (re-)adjustments on financial assetes | 5 011 | 9 896 | 19 609 | -8 106 | 27 715 |
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Realized gains/losses | 3 094 | 6 773 | 7 948 | 5 652 | 6 650 |
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Shares, participations and primary capital certificates | 7 483 | 5 558 | 8 440 | 6 602 | 8 593 |
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Bonds and certificates | 802 | 205 | -80 | -287 | 298 |
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Financial derivatives | -4 771 | 1 160 | -286 | -703 | -2 191 |
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Land and buildings | -58 | 2 | .. | 1 | 4 |
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Other realized gains/losses | -361 | -152 | -126 | 40 | -54 |
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Net change in value | 1 917 | 3 124 | 11 661 | -13 758 | 21 066 |
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Shares, participations and primary capital certificates | 2 751 | 2 877 | 10 527 | -12 859 | 18 084 |
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Bonds and certificates | -2 188 | -747 | 1 003 | -721 | 659 |
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Financial derivatives | 224 | 182 | -164 | -401 | 1 921 |
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Land and buildings | 324 | 216 | 293 | 228 | 244 |
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Other value re-adjustments (+)/adjustments (-) | 807 | 597 | 3 | -6 | 158 |
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| | | | | |
Profitt/loss on ordinary activities | 2 883 | 3 884 | 4 845 | 1 301 | 4 541 |
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| | | | | |
Other results components | -18 | -10 | 4 | 3 | 27 |
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| | | | | |
Tax | 103 | 221 | 185 | -594 | 143 |
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| | | | | |
Profitt/loss | 2 798 | 3 673 | 4 656 | 1 898 | 4 424 |
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| | | | | |
Specifications | | | | | |
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Balance on the technical account for pension funds | 925 | 1 536 | 1 724 | 1 133 | 948 |
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| | | | | |
Value-adjusted profitt/loss | 3 815 | 5 846 | 14 987 | -9 910 | 23 302 |
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