Statistics Norway

Government pension fund - Norway, balance sheet

1 Government Pension Fund - Norway. Balance sheet. 31 December 2006-31 December 2011.1 NOK million
  31.12.2006 30.06.2007 31.12.2007 30.06.2008 31.12.2008 30.06.2009 31.12.2009 30.06.2010 31.12.2010 31.06.2011 31.12.2011
Assets                      
1. Deposits 3 220 5 580 1 104 3 468 1 692 1 901 2 100 2 651 5 607 4 954 5 456
1.1. Central Bank of Norway 0 0 0 0 0 0 0 0 0 0 0
1.2. Commercial banks 2 270 4 580 1 104 2 668 1 548 1 124 2 100 2 651 5 607 4 954 5 456
1.3. Savings banks  950 1 000 0  800  144  777 0 0 0 0 0
2. Commercial papers 2 273 3 496 2 895 3 233 1 940 0  347  147 0 - 0
3. Bonds2 39 259 35 736 41 732 41 206 38 763 34 950 41 804 44 465 44 894 54 835 51 104
4. Shares and other equity 63 408 73 919 70 084 67 332 45 628 63 647 73 292 66 742 87 915 78 752 78 342
5. Loans2 0 0 0 0 0 0 0 0 0 0 0
6. Other financial assets  957  353 1 749  324 1 631 1 297 1 207 1 127 1 062  554 1 529
7. Non-financial assets - - - - - - - - - - -
Total assets  109 117  119 084  117 564  115 563 89 655  101 795  118 750  115 132  139 478  139 095  136 431
                       
Liabilities and equity                      
Total liabilities and equity  109 117  119 084  117 564  115 563 89 655  101 795  118 750  115 132  139 478  139 095  136 431
1  In the period prior to 31.12.2004, the financial instruments commercial papers, bonds, loans, shares and other equity are valued at original cost, while unrealized gain/loss are included in Other financial assets. From 31.12.2004 the financial assets are recorded at market value.
2  The Government Pension Fund - Norway's mandatory deposits with the Treasury was discontinued on December 29, 2006. The implication of this is a reduction in loans of NOK 101,8 billion and a convertion of loans of NOK 10 billion to bonds.
Source: National Insurance Scheme Fund.

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