Financial holding companies, 2002

Total assets went up from NOK 59.6 billion in 2001 to NOK 82.6 billion in 2002, mainly caused by Gjensidige Nor ASA becoming a financial holding company. The increase of total assets was also influenced by the positive annual profit, which again increased deposits, financial current assets and accounts receivable.

The annual profit fell by 23 per cent in 2002 compared with 2001, from NOK 3.6 billion in 2001 to NOK 2.8 billion in 2002. The decline was mainly caused by a lower operating result and increased taxes.

Structural changes did also influence the annual result in 2002. The number of financial holding companies came to 12 in 2002.

Tables:

• Table 1 Financial holding companies. Balance sheet by financial instrument. 31. December. 1996-2002. Million NOK
• Table 2 Financial holding companies. Profit and loss account 31 December. 1996-2002. Million NOK
• Table 3 Financial holding companies. Investments in shares, participations and primary certificate capital by issuing sector1. Per 31. December. Million kroner
• Table 4 Financial holding companies. Holdings of bond by issuing sector. Per 31. December. Million kroner
• Table 5 Financial holding companies. Holdings of sertificates by issuing sector. Per 31. December. Million kroner
• Table 6 Financial holding companies. Total utilizied loans, by borrower sectorr1. Per 31. December. Million kroner