Statistics Norway - home page

Pension funds, 2002
6 Municipal pension funds. Profit and loss account. NOK Million
1997 1998 1999 2000 2001 2002*
     
Income   
     
Contribution to pension funds 2 045 2 724 2 448 2 555 1 700 2 408
Contribution from employer/enterprise 1 833 2 167 2 080 2 153 1 369 1 977
Deposits from members 185 208 231 225 233 245
Transfers from premium funds 12 46 2 172 72 143
Other contributions 16 302 135 5 25 43
     
Transfers from other pension funds 101 96 118 119 78 77
     
Interest income and dividends 1 311 1 348 1 448 1 515 914 957
Interest income from deposits 43 47 89 93 79 124
Interest income from bonds 1 053 1 082 1 054 1 141 623 704
Dividends 84 80 81 81 24 25
Other interest income and dividends 130 140 224 200 188 103
     
Other income 541 257 1 593 1 718 276 432
Gains on bonds 138 33 50 123 51 57
Gains on shares 360 127 339 612 75 72
Other income 43 96 1 203 983 150 304
     
Transfers form reinsurance premiums .. .. .. 60 47 ..
     
Costs   
     
Administrative expenses 75 79 104 114 75 79
     
Pensions 1 439 1 554 1 616 1 655 811 856
Old-age pensions 844 953 904 909 417 443
Disability pensions 372 398 482 510 284 298
Matrail pension 205 191 216 220 102 107
Children's pensions 19 12 14 15 8 8
Premium exemption due to disability .. .. .. 1 0 ..
     
Transferred to other pension funds 40 30 66 484 156 185
     
Other expenses 68 710 361 1 071 759 1 202
Losses on securities etc. 46 534 326 397 319 512
Deprecations and value adjustments 8 163 9 60 0 0
Other expenses 15 14 26 614 440 690
     
Reinsurance premiums payable 0 0 0 0 36 64
     
To/from revaluation reserve .. .. 793 -268 -94 -29
     
Bound appropriations 2 263 2 147 2 596 2 683 1 406 2 003
To/from premium reserve 2 258 2 141 2 514 2 638 1 437 2 064
To supplementary depositions .. .. 68 3 5 -18
Interest to premium funds 1 1 1 24 14 8
To/from secutrity funds 4 5 13 16 -60 2
Pensioners share of the surplus fund .. .. .. .. .. ..
Other bound appropriations .. .. .. 1 10 -53
     
Profit/loss before tax 112 -96 71 228 -134 -486
     
Tax 0 1 2 2 -1 11
     
Profit/loss 112 -97 69 225 -134 -497
     
Transfers 112 -97 69 225 -134 -497
To premium funds 31 1 77 412 40 3
To equity and subordinated capital .. -47 -8 -80 -70 -342
Interest on deposited capital 1 0 0 0 1 1
Other transfers 80 -51 .. -107 -104 -158

Explanation of symbols

,