4439_not-searchable
/en/bank-og-finansmarked/statistikker/avtpensj/aar
4439
Profit on ordinary activities for AFP
statistikk
2004-12-20T10:00:00.000Z
Banking and financial markets
en
avtpensj, Agreement Based Pension (AFP) (discontinued), pension benefit, occupational pension, profit and loss account, balance sheetFinancial institutions and other financial corporations, Banking and financial markets
false

Agreement Based Pension (AFP) (discontinued), 2003

This statistics has been discontinued.

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Profit on ordinary activities for AFP

The Agreement Based Pension (AFP) had higher income from financial assets that resulted in a NOK 78 million profit on ordinary activities for 2003. Total assets increased with 9.9 per cent to NOK 1.3 billion at the end of 2003.

In 1967 it was decided to wind up the Joint Pension under Collective Agreement (FTP) hence the agreement do not receive any premiums, but the income from financial assets is higher in 2003 than it was for 2002. This means than the agreement has consumed less of the provisions for liabilities and charges than in 2002 to meet the pension obligations.

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