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Pension funds, 2005
12 Municipal enterprises pension funds1. Balance sheet. 31 December. NOK Million
2000 2001 2002 2003 2004 2005*
     
Assets   
     
Intangible assets .. 2 5 5 .. ..
     
Tangible fixed assets 37 36 109 189 330 43
Land and buildings 34 34 109 189 330 43
Machinery, equipment and vehicles 3 2 .. .. .. 0
     
Capital assets 490 623 758 998 1 261 871
Shares, participations and primary capital assets .. .. .. 76 117 ..
Bonds 490 623 758 921 1 144 871
     
Short-term invesments 2 287 2 605 2 859 4 095 4 830 4 205
Shares, participations abd primary capital certificates 870 1 029 1 204 1 587 2 402 2 613
Bonds 1 373 1 461 1 652 2 301 2 420 1 582
Certificates 44 115 3 207 4 ..
Financial derivatives .. .. .. 0 4 10
     
Loans utilized 223 234 275 300 330 339
Gross loans 223 234 275 300 330 339
Specified provisions on loans .. .. .. .. .. ..
     
Unspecified provisions on loans -1 -1 -1 -1 -1 ..
     
Other claims 174 148 207 151 161 758
Matured not yet paid premiums 9 3 94 41 10 4
Matured not yet paid financial income 1 2 3 1 1 1
Earned not yet paid financial income 50 56 62 79 100 61
Other claims 114 88 48 30 51 693
     
Cash and bank deposits 226 258 359 333 190 1 828
     
Total assets 3 436 3 905 4 572 6 070 7 101 8 044
     
Liabilities, provisions and subordinated capital   
     
Subordinated capital 213 261 242 327 478 563
Capital 178 208 186 290 438 523
Deposit capital 184 306 259 474 547 535
Share of profit -5 -98 -73 -184 -109 -12
Other capital .. .. .. .. .. ..
Addition capital 35 53 56 37 40 40
Subordinated loan capital .. 38 -3 12 .. 15
Perpetual subordinated loan capital 35 15 58 25 40 25
Other additional capital .. .. .. .. .. ..
     
Revaluation reserve 32 17 16 231 281 504
     
Technical provisions 3 164 3 607 4 293 5 485 6 311 6 955
Premium reserve 3 146 3 608 4 285 5 396 6 001 6 261
Additional provisions .. .. .. 20 59 99
Premium provision 18 0 7 69 251 595
Pension provisions .. .. .. .. .. ..
Other technical provisions .. .. .. .. .. ..
     
Equalization provision 15 4 4 5 6 6
     
Other liabilities 11 16 17 22 26 16
Matured, not paid pensions .. .. 0 .. 1 ..
Matured other expences .. .. .. .. .. ..
Payable tax 0 1 0 1 1 4
Other liabilities 10 15 17 21 24 13
     
Total equity, provisions and subordinated capital 3 436 3 905 4 572 6 070 7 101 8 044

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

Explanation of symbols

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