Decreased contributions in AFP scheme
Pension contributions in the Agreement Based Pension (AFP) scheme decreased by 6 per cent to NOK 3 375 million in 2011.
Pension contributions decreased by NOK 220 million in 2011, mainly due to a reduction in lower AFP contributions due to the new AFP scheme. In 2011, the ordinary result increased by 32 per cent to NOK - 3 014 million. Total assets increased by 5 per cent to NOK 5 852 million.