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Life and non-life insurance companies, 1. quarter 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 36 290
Land and buildings 21 820 25 908 29 321 33 258 34 613 36 141
Machinery, equipment and vehicles 348 315 479 524 352 150
     
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 186 258 237 607 235 282 240 139 199 790 206 896
Shares 60 773 102 145 99 074 67 920 24 781 45 500
Primary capital certificates 141 98 159 160 1 .
Shares in securities funds 8 867 19 258 25 831 27 498 29 345 40 297
Bonds 99 278 103 727 95 147 112 514 93 705 82 625
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 17
     
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 15 459
Earned not yet paid revenues 4 304 4 629 4 439 5 753 6 368 7 238
Prepaid expenses 148 173 187 541 1 305 648
Insurance claims 3 237 2 543 2 673 4 842 5 337 4 874
Deposits with ceding undertakings . . . . . .
Other claims 3 994 1 402 2 151 6 114 3 535 2 699
     
Cash and bank deposits 9 805 7 500 9 684 13 464 20 506 21 016
The Central Bank of Norway 0 0 0 0 0 0
Commercial banks 5 306 6 365 6 777 10 626 16 535 14 195
Saving banks 1 105 526 965 269 2 060 3 344
Foreign banks 3 394 610 1 942 2 570 1 912 3 478
     
Total assets 307 390 369 068 383 129 412 426 429 978 477 821
     
Liabilities and equity capital   
     
Equity capital 10 733 13 161 14 553 16 140 15 988 16 813
Deposit capital 4 243 4 621 7 418 8 694 9 025 9 052
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 . 18 2 371 2 320 2 820 2 274
Retained earnings 6 489 8 540 7 135 7 446 6 963 7 762
Other equity 6 489 8 540 7 135 7 446 6 963 7 762
     
Subordinated liabilities 6 570 8 810 8 305 9 281 8 489 8 543
Bonds 5 238 6 647 5 866 5 846 4 909 5 109
Other subordinated loans 1 332 2 163 2 438 3 436 3 580 3 434
     
Revaluation reserve . 27 102 7 847 1 217 192 7 010
     
Technical provisions 278 623 307 222 338 826 371 632 388 418 426 826
Life assurance provision 274 926 297 477 323 340 356 357 373 492 408 530
Premium reserve 243 548 264 367 287 526 327 149 352 921 384 631
Additional provisions 12 952 13 707 14 172 10 891 5 418 8 974
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 1 618
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 17 711
     
Provisions for other charges 200 304 407 494 217 939
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 .
     
Other liabilities 11 264 12 468 13 191 13 662 16 675 17 688
Loans . . . . . .
Expences accrued 105 211 197 276 269 272
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 3 318
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 3 280
     
Total liabilities 307 390 369 068 383 129 412 426 429 978 477 821
     
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".

Explanation of symbols

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