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Pension funds, 2004
3 Private pension funds1. Investments in shares by sector. 31 December. NOK Million
Sector 1999 2000 2001 2002 2003 2004*
     
Total 19 454 19 827 19 546 13 111 20 932 28 915
     
General government .. .. .. .. .. ..
Central government .. .. .. .. .. ..
County municipalities .. .. .. .. .. ..
Municipalities .. .. .. .. .. ..
     
Financial enterprises 4 909 6 584 6 974 5 260 8 760 12 250
State lending institutions .. .. .. .. .. ..
Banks 695 490 550 505 599 760
Mortgage companies 5 5 5 .. 9 ..
Finance companies 39 .. .. 11 172 ..
Unit trusts (UK)/Mutual funds (US) 3 543 5 552 5 916 4 202 7 280 10 483
Other financial enterprises 596 497 459 297 527 723
Life insurance companies etc. 31 4 .. .. .. ..
Non-life insurance companies .. .. 6 22 57 20
Financial auxiliaries .. 37 37 224 117 263
     
Non-financial enterprises 8 339 5 848 5 430 4 104 5 554 6 734
Central government enterprises .. 0 .. .. .. ..
Other state enterprises 882 679 569 476 1 997 986
Municipal enterprises .. .. .. .. .. 66
Private incorporated companies 7 457 5 168 4 862 3 628 3 557 5 682
Private non-profit institutions .. 0 .. .. .. ..
     
Household etc. 1 17 .. 3 1 ..
Quasi-corporated private enterprises (i.e. partnership companies, joint ownership etc.) .. 17 .. 3 .. ..
Private non-profit institutions serving households .. .. .. .. .. ..
Unincorporated private enterprises .. .. .. .. .. ..
Households of employees .. .. .. .. .. ..
Unspecified sector 1 .. .. .. 1 ..
     
Rest of the world 6 204 7 377 7 142 3 743 6 617 9 932

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

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