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/en/offentlig-sektor/statistikker/offogjeld/aar
269785
Assets and liabilities adjusted
statistikk
2016-12-08T08:00:00.000Z
Public sector;Public sector
en
offogjeld, General government, financial assets and liabilities, central government, local government, stock, transactions, assets by type (for example bonds, shares, lending), net assets, liabilities by type (for example commercial papers, bonds, loans)Local government finances , General government , Central government finances , Public sector
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This statistics comprise financial assets and liabilities for general government and its sub-sectors and government gross debt for Norway

General government, financial assets and liabilities, 2015

Variants of the statistics:

Content

Published:

Assets and liabilities adjusted

General government net financial assets amounted to NOK 8 876 billion at the end of 2015. The figure has been adjusted downwards by NOK 4 billion from the figure published in June.

General Government. Financial assets and liabilities. NOK billionPublished 8 December 2016
2015Opening balanceTransactionsCapital gainsClosing balance
TOTAL ASSETS8 87537284910 096
Currency and deposits228-141215
Bonds2 4151442262 785
Loans638919738
Shares and other equity5 2331356095 977
Other accounts receivable360174381
TOTAL LIABILITIES1 044182-61 219
Bonds49132-6517
Loans3941231518
Other accounts payable15828-1184
NET FINANCIAL ASSETS7 8311908558 876

Source: Statistics Norway

Total liabilities have been adjusted upwards by NOK 22 billion and total assets have been adjusted upwards by NOK 18 billion. The adjustments combined represent about 0.04 per cent of net financial assets.

The main explanation for the adjustment of figures for 2015 is that Statistics Norway has implemented new data sources from the central government in the statistics. New sources for long-term bond liabilities have also caused revisions of total liabilities for the last four years.

Gross public debt at the end of 2015 has been adjusted from NOK 992 billion to NOK 997 billion.

For a more detailed description of general government assets and liabilities, see the previous article.

Liabilities connected to the Government Pension Fund GlobalOpen and readClose

Repurchase agreements and re-sale agreements in securities are frequently used instruments in the administration of the Government Pension Fund Global. The fund sells a portfolio of securities accompanied by a repurchase agreement. However, in the accounts, the portfolio remains on the asset side of the fund’s balance sheet, as does the cash received for the sale. The corresponding sales value is then entered as a loan from the buyer on the liability side of the balance sheet. The reverse situation is called a re-sale agreement or a reversed repo.