Private pension funds . Balance sheet. 31 December. NOK Million

Pension funds, 2002
2	Private pension funds¹. Balance sheet. 31 December. NOK Million

	1997	1998	1999	2000	2001	2002*



Assets

Intangible assets	..	..	..	..	148	584

Tangible fixed assets	1 938	2 079	2 459	3 235	3 453	3 534
Land and buildings	1 938	2 076	2 376	3 151	3 446	3 533
Machinery, equipment and vehicles	1	3	83	84	7	1

Capital assets	6 653	5 759	4 802	5 213	6 377	7 225
Shares, participations and primary capital assets	1 047	952	910	950	1 213	1 333
Bonds	5 606	4 807	3 891	4 262	5 164	5 892

Short-term invesments	36 506	39 073	45 658	47 475	47 232	42 839
Shares, participations abd primary capital certificates	10 158	10 331	18 563	18 895	18 334	11 776
Bonds	23 975	26 519	24 466	27 225	26 093	25 031
Certificates	2 374	2 223	2 630	1 355	2 806	5 984
Financial derivatives	..	..	..	..	..	48

Loans utilized	2 073	1 508	1 830	1 705	2 102	2 364
Gross loans	2 073	1 508	1 830	1 705	2 102	2 364
Specified provisions on loans	..	..	..	..	..	..

Unspecified provisions on loans	-1	-1	..	..	..	..

Other claims	1 167	1 132	2 179	1 034	1 317	1 730
Matured not yet paid premiums	26	26	41	31	68	186
Matured not yet paid financial income	119	68	7	4	12	7
Earned not yet paid financial income	721	800	723	729	783	768
Other claims	301	238	1 408	269	454	768

Cash and bank deposits	2 207	2 144	1 869	2 611	2 882	2 817

Total assets	50 544	51 694	58 797	61 273	63 510	61 093

Liabilities, provisions and subordinated capital

Subordinated capital	2 088	2 581	3 018	3 740	4 396	4 202
Capital	2 013	2 344	2 822	3 593	4 101	3 696
Deposit capital	823	1 096	742	1 641	1 250	3 065
Share of profit	1 183	1 220	2 080	1 952	2 852	631
Other capital	7	28	..	..	..	..
Addition capital	75	237	196	147	294	507
Subordinated loan capital	71	207	164	164	203	430
Perpetual subordinated loan capital	5	11	18	-18	91	77
Other additional capital	-1	20	14	0	..	..

Revaluation reserve	..	..	4 197	1 857	615	43

Technical provisions	47 788	47 496	50 712	53 919	57 208	56 386
Premium reserve	31 955	33 671	37 073	40 342	46 034	48 804
Additional provisions	1 642	1 561	1 911	2 069	2 069	713
Premium provision	12 890	11 194	10 785	10 760	8 531	6 507
Pension provisions	1 284	1 051	944	748	501	326
Other technical provisions	18	19	..	..	73	37

Equalization provision	313	333	356	354	85	81

Other liabilities	355	1 283	514	1 403	1 207	381
Matured, not paid pensions	0	2	0	4	0	0
Matured other expences	33	44	63	36	39	87
Payable tax	53	68	91	40	35	24
Other liabilities	269	1 169	360	1 323	1 133	271

Total equity, provisions and subordinated capital	50 544	51 693	58 797	61 273	63 510	61 093

¹Before 1998 municipal enterprises pension funds are included in private pension funds.