Financial holding companies

1   Financial holding companies. Balance sheet by financial instrument. 31 December. 1995-1999. Million kroner
  1995 1996 1997 1998 1999
Assets          
           
Intangible assets .. .. .. .. 187
           
Fixed tangible assets2 89 110 198 307 241
           
Financial fixed assets 5 334 10 173 12 688 13 216 44 561
Ownership stakes in group and associated companies 5 299 10 139 12 200 12 977 44 333
Other shares and primary capital certificates 35 34 488 239 228
           
Loans 145 606 50 270 572
Loans to group and associated companies etc. - 459 50 80 380
Other loans 145 147 - 190 192
           
Accounts receivable 1 446 1 489 1 224 930 6 404
Accounts receivable from group companies 1 291 1 324 941 666 5 751
Other short-term receivables 155 165 283 264 653
           
Securities held as financial current assets 992 1 216 2 345 1 408 907
Shares and primary capital certificates - 1 293 230 363
Units in securities - - - - 14
Bonds 401 41 898 986 216
Certificates etc. 591 1 174 1 154 192 314
           
Deposits 119 510 541 518 5 807
Commercial banks incl. Postbanken 119 482 513 297 4 737
Savings banks - 28 24 220 1 070
Foreign banks - - 4 1 0
           
Cash etc. 183 0 0 0 -
           
Total assets 8 308 14 104 17 046 16 650 58 679
           
Equity and liabilities          
           
Equity 4 752 10 361 13 056 12 831 46 752
Purchased equity 2 403 6 037 7 626 7 501 28 501
Share capital 2 403 6 037 7 626 7 501 16 436
Premium fund3 .. .. .. .. 12 065
Earned equity 2 349 4 324 5 430 5 330 18 251
Fund for valuation differences .. .. .. .. 822
Other equity3 2 349 4 324 5 430 5 330 17 429
           
Provisions for obligations4 .. .. .. .. 219
           
Other long-term liabilities4 2 891 2 842 3 122 2 943 6 781
Loan on bonds 1 800 1 800 1 800 1 800 1 883
Debt to credit insitutions, incl. mortgage bond loans .. .. .. .. 4 341
Other long-term debt to group companies 1 091 940 1 139 960 457
Other long-term debt - 102 183 183 100
           
Short-term liabilities4 666 902 870 875 4 925
           
Debt to credit institutions   .. .. .. 930
Tax payable and unpaid public taxes and contributions 20 93 100 87 192
Other short-term debt to group companies 99 208 103 90 1 630
Other short-term debt 547 601 667 698 2 173
           
Total equity and liabilities 8 308 14 104 17 046 16 650 58 679
           
Number of companies 6 8 10 10 13
1  The figures from 1999 are not directly comparable with earlier figures because of the transition to the new Accounting Act of 1 January 1999.
2  Incl. intangible assets before 1999.
3  Before 1999 the premium fund is included in other equity.
4  The line between long-term liabilities excl. bond loans and short-term liabilities excl. tax payable and unpaid public taxes and contributions before 1999 was drawn on the basis of the division between loans and other debt. This means that provisions for obligations are included under short-term liabilities before 1999, and that debt to credit institutions is included in debt to group companies or other debt, regardless of whether the credit institution is a group company or not.

Explanation of symbols