Municipal enterprises pension funds. Profit and loss account. NOK Million

Pension funds, 2006
11	Municipal enterprises pension funds. Profit and loss account. NOK Million

	2001	2002	2003	2004	2005	2006*



Income

Contribution to pension funds	351	586	605	1 122	466	365
Contribution from employer/enterprise	322	563	590	1 104	314	160
Deposits from members	11	14	15	17	26	27
Transfers from premium funds	18	..	0	0	126	178
Other contributions	1	9	..	..	..	..

Transfers from other pension funds	409	273	661	13	68	18

Interest income and dividends	178	201	230	290	229	172
Interest income from deposits	41	22	27	7	7	7
Interest income from bonds	108	155	167	248	192	140
Dividends	9	5	18	26	21	23
Other interest income and dividends	20	19	18	10	10	3

Other income	60	95	385	406	892	765
Gains on bonds	7	14	77	66	49	14
Gains on shares	2	15	31	70	271	190
Other income	51	66	276	270	572	561

Transfers form reinsurance premiums	6	4	4	5	15	2

Costs

Administrative expenses	16	24	30	31	35	24

Pensions	265	288	330	336	341	214
Old-age pensions	152	166	191	194	197	143
Disability pensions	46	52	58	56	55	25
Matrail pension	64	68	79	83	86	45
Children's pensions	3	3	3	3	3	2
Premium exemption due to disability	..	..	..	..	..	..

Transferred to other pension funds	235	0	85	307	30	1

Other expenses	185	249	32	206	263	460
Losses on securities etc.	128	205	16	9	26	21
Deprecations and value adjustments	0	0	..	..	..	..
Other expenses	57	44	16	198	238	439

Reinsurance premiums payable	7	10	10	12	3	3

To/from revaluation reserve	-15	-1	215	50	223	113

Bound appropriations	424	698	1 142	645	306	292
To/from premium reserve	430	692	1 121	604	260	260
To supplementary depositions	1	..	20	39	40	25
Interest to premium funds	0	6	1	2	5	6
To/from secutrity funds	-6	0	0	0	0	1
Pensioners share of the surplus fund	..	..	..	..	..	..
Other bound appropriations	..	..	1	..	..	..

Profit/loss before tax	-112	-108	41	248	470	213

Tax	-1	0	1	6	1	1

Profit/loss	-112	-108	39	242	469	212

Transfers	-112	-108	39	242	469	212
To premium funds	-18	1	26	161	383	139
To equity and subordinated capital	-2	-110	11	80	16	74
Interest on deposited capital	..	..	..	..	..	..
Other transfers	-91	0	2	..	69	..