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

Pension funds, 2006
3	Private pension funds. Investments in shares by sector¹. 31 December. NOK Million

Sector	2001	2002	2003	2004	2005	2006*



Total	19 546	13 111	20 932	31 324	40 126	50 444

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

Financial enterprises	6 974	5 260	8 760	12 961	18 283	20 062
State lending institutions	..	..	..	..	..	..
Banks	550	505	599	776	722	467
Mortgage companies	5	..	9	..	1	43
Finance companies	..	11	172	..	3	..
Unit trusts (UK)/Mutual funds (US)	5 916	4 202	7 280	11 120	16 503	17 919
Other financial enterprises	459	297	527	779	603	927
Life insurance companies etc.	..	..	..	..	0	..
Non-life insurance companies	6	22	57	20	54	54
Financial auxiliaries	37	224	117	266	397	652

Non-financial enterprises	5 430	4 104	5 554	7 316	8 194	11 491
Central government enterprises	..	..	..	..	..	2
Other state enterprises	569	476	1 997	1 024	994	647
Municipal enterprises	..	..	..	66	118	20
Private incorporated companies	4 862	3 628	3 557	6 225	7 081	10 822
Private non-profit institutions	..	..	..	..	..	..

Household etc.	..	3	1	..	..	2
Quasi-corporated private enterprises (i.e. partnership companies, joint ownership etc.)	..	3	..	..	..	..
Private non-profit institutions serving households	..	..	..	..	..	0
Unincorporated private enterprises	..	..	..	..	..	2
Households of employees	..	..	..	..	..	..
Unspecified sector	..	..	1	..	..	..

Rest of the world	7 142	3 743	6 617	11 047	13 649	18 889

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