Municipal enterprises pension funds. Investments in shares by sector . 31 December. NOK Million

Pension funds, 2007
13	Municipal enterprises pension funds. Investments in shares by sector¹. 31 December. NOK Million

Sector	2002	2003	2004	2005	2006	2007*



Total	1 204	1 663	2 519	2 613	3 086	3 191

General government	..	..	..	..	..	2
Central government	..	..	..	..	..	2
County municipalities	..	..	..	..	..	..
Municipalities	..	..	..	..	..	..

Financial enterprises	971	1 127	1 464	1 855	2 237	2 385
State lending institutions	..	..	..	..	..	..
Banks	20	27	30	29	28	36
Mortgage companies	..	..	..	..	..	..
Finance companies	..	..	..	..	..	..
Unit trusts (UK)/Mutual funds (US)	939	1 075	1 368	1 820	2 151	2 113
Other financial enterprises	12	26	66	6	55	234
Life insurance companies etc.	..	..	..	..	..	..
Non-life insurance companies	..	..	..	1	2	1
Financial auxiliaries	..	..	..	..	..	..

Non-financial enterprises	110	245	354	318	343	346
Central government enterprises	..	..	..	..	..	..
Other state enterprises	15	40	52	33	34	50
Municipal enterprises	..	0	0	..	..	..
Private incorporated companies	96	205	302	285	309	296
Private non-profit institutions	..	..	..	..	..	..

Household etc.	..	..	..	..	..	..
Quasi-corporated private enterprises (i.e. partnership companies, joint ownership etc.)	..	..	..	..	..	..
Private non-profit institutions serving households	..	..	..	..	..	..
Unincorporated private enterprises	..	..	..	..	..	..
Households of employees	..	..	..	..	..	..
Unspecified sector	..	..	..	..	..	..

Rest of the world	123	291	700	440	506	458

¹The value of investments deviates from the value of investments in the balance sheet due to different principle of valuations