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Pension funds, 2002
12 Municipal enterprises pension funds1. Balance sheet. 31 December. NOK Million
1997 1998 1999 2000 2001 2002*
     
Assets   
     
Intangible assets .. .. .. .. 2 5
     
Tangible fixed assets .. 43 43 37 36 109
Land and buildings .. 43 43 34 34 109
Machinery, equipment and vehicles .. .. .. 3 2 ..
     
Capital assets .. 362 391 490 623 758
Shares, participations and primary capital assets .. .. .. .. .. ..
Bonds .. 362 391 490 623 758
     
Short-term invesments .. 1 549 1 773 2 287 2 605 2 859
Shares, participations abd primary capital certificates .. 368 608 870 1 029 1 204
Bonds .. 913 1 139 1 373 1 461 1 652
Certificates .. 268 26 44 115 3
Financial derivatives .. .. .. .. .. ..
     
Loans utilized .. 203 212 223 234 275
Gross loans .. 203 212 223 234 275
Specified provisions on loans .. .. .. .. .. ..
     
Unspecified provisions on loans .. -1 -1 -1 -1 -1
     
Other claims .. 89 54 174 148 207
Matured not yet paid premiums .. 1 1 9 3 94
Matured not yet paid financial income .. 5 2 1 2 3
Earned not yet paid financial income .. 40 39 50 56 62
Other claims .. 42 12 114 88 48
     
Cash and bank deposits .. 133 132 226 258 359
     
Total assets .. 2 378 2 603 3 436 3 905 4 572
     
Liabilities, provisions and subordinated capital   
     
Subordinated capital .. 119 136 213 261 242
Capital .. 109 136 178 208 186
Deposit capital .. 109 142 184 306 259
Share of profit .. .. -5 -5 -98 -73
Other capital .. .. .. .. .. ..
Addition capital .. 10 .. 35 53 56
Subordinated loan capital .. 10 .. .. 38 -3
Perpetual subordinated loan capital .. .. .. 35 15 58
Other additional capital .. .. .. .. .. ..
     
Revaluation reserve .. .. 80 32 17 16
     
Technical provisions .. 2 208 2 367 3 164 3 607 4 293
Premium reserve .. 1 258 2 363 3 146 3 608 4 285
Additional provisions .. .. .. .. .. ..
Premium provision .. 951 4 18 0 7
Pension provisions .. .. .. .. .. ..
Other technical provisions .. .. .. .. .. ..
     
Equalization provision .. 11 12 15 4 4
     
Other liabilities .. 39 8 11 16 17
Matured, not paid pensions .. .. .. .. .. 0
Matured other expences .. .. .. .. .. ..
Payable tax .. 0 0 0 1 0
Other liabilities .. 39 8 10 15 17
     
Total equity, provisions and subordinated capital .. 2 378 2 603 3 436 3 905 4 572

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

Explanation of symbols

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