Statistics Norway - home page

Life and non-life insurance companies, 2002
2 Life insurance companies. Balance sheet by financial instrument1. 31 December. NOK Million
1997 1998 1999 2000 2001 2002*
Assets   
     
Intangible assets 19 16 623 777 990 1 118
Goodwill . . 4 185 161 139
Deferred tax asset 3 3 610 583 825 792
Other intangible assets 16 12 9 9 4 187
     
Tangible fixed assets 19 548 22 168 26 222 29 800 33 782 34 975
Land and buildings 19 302 21 820 25 908 29 321 33 258 34 613
Machinery, equipment and vehicles 246 348 315 479 524 361
     
Capital assets 39 351 48 425 62 431 74 231 81 406 133 278
Investments in subsiduaries 3 445 3 974 5 379 5 129 5 800 8 327
Shares i ltd. and gen. partnerships 1 545 1 792 2 576 2 656 2 755 0
Shares 91 125 100 134 229 201
Primary capital certificates . . . . . .
Shares in securities funds . 114 116 124 14 16
Bonds 33 529 42 202 53 827 65 976 72 548 124 673
Other capital assets 740 218 433 211 59 61
     
Short-term investments2 176 039 186 258 237 607 235 282 240 139 199 790
Shares 47 546 60 773 102 145 99 074 67 920 24 781
Primary capital certificates 95 141 98 159 160 1
Shares in securities funds 4 997 8 867 19 258 25 831 27 498 29 345
Bonds 106 235 99 278 103 727 95 147 112 514 93 705
Certificates 17 142 17 103 12 321 14 152 31 275 50 421
Financial derivatives . . 23 305 665 1 175
Other short-term investments 24 97 36 615 107 361
     
Loans utilizied 34 179 29 047 25 946 23 915 25 411 23 779
Gross loans 34 206 29 068 25 963 23 929 25 425 23 785
Specified provisions on loans -27 -21 -17 -13 -14 -6
     
Unspecified provisions on loans -17 -11 -9 -11 -15 -14
     
Other claims 7 565 11 682 8 747 9 450 17 249 16 546
Earned not yet paid revenues 4 652 4 304 4 629 4 439 5 753 6 368
Prepaid expenses 88 148 173 187 541 1 305
Insurance claims 1 731 3 237 2 543 2 673 4 842 5 337
Deposits with ceding undertakings . . . . . .
Other claims 1 094 3 994 1 402 2 151 6 114 3 535
     
Cash and bank deposits 7 979 9 805 7 500 9 684 13 464 20 506
The Central Bank of Norway 0 0 0 0 0 0
Commercial banks 6 061 5 306 6 365 6 777 10 626 16 535
Saving banks 714 1 105 526 965 269 2 060
Foreign banks 1 203 3 394 610 1 942 2 570 1 912
     
Total assets 284 663 307 390 369 068 383 129 412 426 429 978
     
Liabilities and equity capital   
     
Equity capital 10 188 10 733 13 161 14 553 16 140 15 988
Deposit capital 4 015 4 243 4 621 7 418 8 694 9 025
Share capital 2 997 3 212 3 072 3 343 4 018 5 821
Primary capital 1 000 1 000 1 500 1 500 1 500 .
Share premiumreserve 18 31 30 203 855 473
Other deposit capital . . 18 2 371 2 320 2 731
Retained earnings 6 173 6 489 8 540 7 135 7 446 6 963
Other equity 6 173 6 489 8 540 7 135 7 446 6 963
     
Subordinated liabilities 3 607 6 570 8 810 8 305 9 281 8 489
Bonds 3 220 5 238 6 647 5 866 5 846 4 909
Other subordinated loans 388 1 332 2 163 2 438 3 436 3 580
     
Revaluation reserve . . 27 102 7 847 1 217 192
     
Technical provisions 266 250 278 623 307 222 338 826 371 632 388 418
Life assurance provision 263 608 274 926 297 477 323 340 356 357 373 492
Premium reserve 231 432 243 548 264 367 287 526 327 149 352 921
Additional provisions 12 820 12 952 13 707 14 172 10 891 5 418
Premium provision 17 771 17 069 18 060 19 994 16 549 12 969
Pension provisions 458 401 397 358 279 193
Net provision for outstanding claims 1 053 867 832 1 128 1 276 1 655
Net other technical provisions 74 90 113 162 212 336
Equalization provision 2 080 2 048 2 076 2 196 581 525
Net tehcnical provisions where the risk is borne by the policyholder 561 1 649 7 669 13 290 14 695 14 400
     
Provisions for other charges 215 200 304 407 494 217
Provisions for pensions 210 197 203 207 222 200
Deffered tax 5 3 86 186 258 0
Other provisions for charges 1 . 14 14 14 17
     
Other liabilities 4 403 11 264 12 468 13 191 13 662 16 675
Loans . . . . . .
Expences accrued 88 105 211 197 276 269
Deffered income 311 269 317 227 329 230
Payable tax 39 43 53 144 70 230
Dividend 483 413 1 023 916 252 .
Insurance liabilities 1 270 1 662 981 2 350 1 234 1 242
Deposits from reassurance companies 913 7 020 7 624 7 621 9 640 9 997
Other liabilities 1 299 1 752 2 259 1 737 1 859 4 708
     
Total liabilities 284 663 307 390 369 068 383 129 412 426 429 978
     
Specifications   
Number of companies 15 16 16 19 16 20
Loan with mortgage on dwelling3 19 519 14 640 12 785 10 765 11 605 11 526

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".

Explanation of symbols

,