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

Life and non-life insurance companies, 1. quarter 2004
2	Life insurance companies. Balance sheet by financial instrument¹. 31 December. NOK Million

	1999	2000	2001	2002	2003	2004*


Assets

Intangible assets	623	777	990	1 127	786	530
Goodwill	4	185	161	139	121	3
Deferred tax asset	610	583	825	792	287	174
Other intangible assets	9	9	4	196	379	353

Tangible fixed assets	26 222	29 800	33 782	34 966	36 296	42 443
Land and buildings	25 908	29 321	33 258	34 613	36 141	42 303
Machinery, equipment and vehicles	315	479	524	352	155	140

Capital assets	62 431	74 231	81 406	133 278	176 121	176 911
Investments in subsiduaries	5 379	5 129	5 800	8 327	8 618	9 573
Shares i ltd. and gen. partnerships	2 576	2 656	2 755	0	0	0
Shares	100	134	229	201	1 270	1 917
Primary capital certificates	.	.	.	.	.	.
Shares in securities funds	116	124	14	16	17	15
Bonds	53 827	65 976	72 548	124 673	166 207	165 405
Other capital assets	433	211	59	61	8	0

Short-term investments²	237 607	235 282	240 139	199 790	210 855	262 924
Shares	102 145	99 074	67 920	24 781	45 684	61 388
Primary capital certificates	98	159	160	1	.	23
Shares in securities funds	19 258	25 831	27 498	29 345	43 916	61 630
Bonds	103 727	95 147	112 514	93 705	82 638	104 356
Certificates	12 321	14 152	31 275	50 421	37 010	33 927
Financial derivatives	23	305	665	1 175	1 446	1 481
Other short-term investments	36	615	107	361	161	120

Loans utilizied	25 946	23 915	25 411	23 779	21 261	18 957
Gross loans	25 963	23 929	25 425	23 785	21 263	18 964
Specified provisions on loans	-17	-13	-14	-6	-2	-7

Unspecified provisions on loans	-9	-11	-15	-14	-9	-7

Other claims	8 747	9 450	17 249	16 546	15 541	15 256
Earned not yet paid revenues	4 629	4 439	5 753	6 368	7 262	7 464
Prepaid expenses	173	187	541	1 305	650	681
Insurance claims	2 543	2 673	4 842	5 337	4 882	5 392
Deposits with ceding undertakings	.	.	.	.	.	.
Other claims	1 402	2 151	6 114	3 535	2 746	1 718

Cash and bank deposits	7 500	9 684	13 464	20 506	21 151	19 958
The Central Bank of Norway	0	0	0	0	0	0
Banks	6 891	7 742	10 895	18 594	17 673	16 950
Foreign banks	610	1 942	2 570	1 912	3 478	3 008

Total assets	369 068	383 129	412 426	429 978	482 001	536 972

Liabilities and equity capital

Equity capital	13 161	14 553	16 140	15 988	16 730	20 519
Deposit capital	4 621	7 418	8 694	9 025	9 138	10 375
Share capital	3 072	3 343	4 018	5 733	5 797	4 740
Primary capital	1 500	1 500	1 500	.	.	.
Share premiumreserve	30	203	855	473	981	2 814
Other deposit capital	19	2 371	2 320	2 820	2 361	2 821
Retained earnings	8 540	7 135	7 446	6 963	7 592	10 144
Other equity	8 540	7 135	7 446	6 963	7 592	10 144

Subordinated liabilities	8 810	8 305	9 281	8 489	8 543	8 335
Bonds	6 547	5 866	5 846	4 909	5 109	5 366
Other subordinated loans	2 263	2 438	3 436	3 580	3 434	2 969

Revaluation reserve	27 102	7 847	1 217	192	7 010	10 498

Technical provisions	307 222	338 826	371 632	388 418	430 893	490 797
Life assurance provision	297 477	323 340	356 357	373 492	409 363	465 254
Premium reserve	264 367	287 526	327 149	352 921	384 997	435 898
Additional provisions	13 707	14 172	10 891	5 418	8 986	11 000
Premium provision	18 060	19 994	16 549	12 969	12 500	15 625
Pension provisions	397	358	279	193	167	129
Net provision for outstanding claims	832	1 128	1 276	1 655	2 075	2 422
Net other technical provisions	113	162	212	336	638	180
Equalization provision	2 076	2 196	581	525	586	607
Net tehcnical provisions where the risk is borne by the policyholder	7 669	13 290	14 695	14 400	20 944	24 937

Provisions for other charges	304	407	494	217	942	1 013
Provisions for pensions	203	207	222	200	219	336
Deffered tax	86	186	258	0	720	605
Other provisions for charges	14	14	14	17	2	72

Other liabilities	12 468	13 191	13 662	16 675	17 883	5 808
Loans	.	.	.	.	.	.
Expences accrued	211	197	276	269	279	375
Deffered income	317	227	329	230	573	363
Payable tax	53	144	70	230	29	34
Dividend	1 023	916	252	.	230	539
Insurance liabilities	981	2 350	1 234	1 242	3 330	1 072
Deposits from reassurance companies	7 624	7 621	9 640	9 997	9 986	426
Other liabilities	2 259	1 737	1 859	4 708	3 456	3 001

Total liabilities	369 068	383 129	412 426	429 978	482 001	536 972

Specifications
Number of companies	16	19	16	20	20	18
Loan with mortgage on dwelling³	12 785	10 765	11 605	11 526	9 671	8 637

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".