Life insurance companies. Balance sheet by financial instrument . 31 December. NOK Million

Life and non-life insurance companies, 2003
2	Life insurance companies. Balance sheet by financial instrument¹. 31 December. NOK Million

	1998	1999	2000	2001	2002	2003*


Assets

Intangible assets	16	623	777	990	1 127	786
Goodwill	.	4	185	161	139	121
Deferred tax asset	3	610	583	825	792	287
Other intangible assets	12	9	9	4	196	379

Tangible fixed assets	22 168	26 222	29 800	33 782	34 966	36 296
Land and buildings	21 820	25 908	29 321	33 258	34 613	36 141
Machinery, equipment and vehicles	348	315	479	524	352	155

Capital assets	48 425	62 431	74 231	81 406	133 278	176 121
Investments in subsiduaries	3 974	5 379	5 129	5 800	8 327	8 618
Shares i ltd. and gen. partnerships	1 792	2 576	2 656	2 755	0	0
Shares	125	100	134	229	201	1 270
Primary capital certificates	.	.	.	.	.	.
Shares in securities funds	114	116	124	14	16	17
Bonds	42 202	53 827	65 976	72 548	124 673	166 207
Other capital assets	218	433	211	59	61	8

Short-term investments²	186 258	237 607	235 282	240 139	199 790	210 855
Shares	60 773	102 145	99 074	67 920	24 781	45 684
Primary capital certificates	141	98	159	160	1	.
Shares in securities funds	8 867	19 258	25 831	27 498	29 345	43 916
Bonds	99 278	103 727	95 147	112 514	93 705	82 638
Certificates	17 103	12 321	14 152	31 275	50 421	37 010
Financial derivatives	.	23	305	665	1 175	1 446
Other short-term investments	97	36	615	107	361	161

Loans utilizied	29 047	25 946	23 915	25 411	23 779	21 261
Gross loans	29 068	25 963	23 929	25 425	23 785	21 263
Specified provisions on loans	-21	-17	-13	-14	-6	-2

Unspecified provisions on loans	-11	-9	-11	-15	-14	-9

Other claims	11 682	8 747	9 450	17 249	16 546	15 541
Earned not yet paid revenues	4 304	4 629	4 439	5 753	6 368	7 262
Prepaid expenses	148	173	187	541	1 305	650
Insurance claims	3 237	2 543	2 673	4 842	5 337	4 882
Deposits with ceding undertakings	.	.	.	.	.	.
Other claims	3 994	1 402	2 151	6 114	3 535	2 746

Cash and bank deposits	9 805	7 500	9 684	13 464	20 506	21 151
The Central Bank of Norway	0	0	0	0	0	0
Banks	6 411	6 891	7 742	10 895	18 594	17 673
Foreign banks	3 394	610	1 942	2 570	1 912	3 478

Total assets	307 390	369 068	383 129	412 426	429 978	482 001

Liabilities and equity capital

Equity capital	10 733	13 161	14 553	16 140	15 988	16 730
Deposit capital	4 243	4 621	7 418	8 694	9 025	9 138
Share capital	3 212	3 072	3 343	4 018	5 733	5 797
Primary capital	1 000	1 500	1 500	1 500	.	.
Share premiumreserve	31	30	203	855	473	981
Other deposit capital	.	19	2 371	2 320	2 820	2 361
Retained earnings	6 489	8 540	7 135	7 446	6 963	7 592
Other equity	6 489	8 540	7 135	7 446	6 963	7 592

Subordinated liabilities	6 570	8 810	8 305	9 281	8 489	8 543
Bonds	4 997	6 547	5 866	5 846	4 909	5 109
Other subordinated loans	1 573	2 263	2 438	3 436	3 580	3 434

Revaluation reserve	.	27 102	7 847	1 217	192	7 010

Technical provisions	278 623	307 222	338 826	371 632	388 418	430 893
Life assurance provision	274 926	297 477	323 340	356 357	373 492	409 363
Premium reserve	243 548	264 367	287 526	327 149	352 921	384 997
Additional provisions	12 952	13 707	14 172	10 891	5 418	8 986
Premium provision	17 069	18 060	19 994	16 549	12 969	12 500
Pension provisions	401	397	358	279	193	167
Net provision for outstanding claims	867	832	1 128	1 276	1 655	2 075
Net other technical provisions	90	113	162	212	336	638
Equalization provision	2 048	2 076	2 196	581	525	586
Net tehcnical provisions where the risk is borne by the policyholder	1 649	7 669	13 290	14 695	14 400	20 944

Provisions for other charges	200	304	407	494	217	942
Provisions for pensions	197	203	207	222	200	219
Deffered tax	3	86	186	258	0	720
Other provisions for charges	.	14	14	14	17	2

Other liabilities	11 264	12 468	13 191	13 662	16 675	17 883
Loans	.	.	.	.	.	.
Expences accrued	105	211	197	276	269	279
Deffered income	269	317	227	329	230	573
Payable tax	43	53	144	70	230	29
Dividend	413	1 023	916	252	.	230
Insurance liabilities	1 662	981	2 350	1 234	1 242	3 330
Deposits from reassurance companies	7 020	7 624	7 621	9 640	9 997	9 986
Other liabilities	1 752	2 259	1 737	1 859	4 708	3 456

Total liabilities	307 390	369 068	383 129	412 426	429 978	482 001

Specifications
Number of companies	16	16	19	16	20	20
Loan with mortgage on dwelling³	14 640	12 785	10 765	11 605	11 526	9 671

¹New accounts reporting from 1997 makes it possible to offer a higher level of specification degree than earlier.
²From 1999 short-term investments are assessed at market value.
³For 1996 the figures include "total home loan". From 1997 the figures include "loan with mortgage on dwelling".