The ATP Group Annual Report 2012

Management's Review Business Model Risk Pension Hedging and Investment Hedging Investment Administration Social Responsibility The ATP Group Financial StatementsNote 21 Investments in subsidiaries, continuedOwnership Share capitalper cent DKK millionAssetsDKK millionRevenueDKK millionNet resultsDKK million2011Supplementary Labour Market Pension Scheme for Disability Pensioners(SUPP) 0.0 (2) 2,327 - 3ATP Alternative Investments K/S 100.0 3,839 4,057 - 629ATP Ejendomme A/S 100.0 2,250 3,455 237 151Strandgade 7 A/S 100.0 28 617 47 2ATP Alpha Fondsmæglerselskab A/S 100.0 34 92 - 7NOW: NOW: Pensions Investment A/S Fondsmæglerselskab A/S 100.0 10 30 - (1)ATP Invest III 100.0 15,470 16,012 - 1,134ATP PensionService A/S 100.0 23 61 144 5Private Equity Advisors ApS 100.0 8 23 - (1)ATP Private Equity K/S 100.0 5,247 5,426 - 410ATP Private Equity Partners I K/S 100.0 3,648 3,766 - 965ATP Private Equity Partners II K/S 100.0 7,987 8,225 - 786ATP Private Equity Partners III K/S 100.0 5,789 5,954 - 412ATP Private Equity Partners IV K/S 100.0 406 467 - (41)ATP Real Estate Partners I K/S 100.0 4,729 4,862 - 433ATP Real Estate Partners II K/S 100.0 690 716 - 29ATP TIM GP ApS 100.0 0 0 - 0ATP Timberland Invest K/S 100.0 1,621 1,733 - (76)Northwoods ATP LP 100.0 216 217 5 (1)Upper Hudson Woodlands ATP LP 100.0 218 221 19 16Wolf River ATP LP 100.0 94 94 0 (14)Ouchita ATP LP 100.0 248 250 3 (35)Via Venture Partners Fond I K/S 99.8 714 714 - 118Via Venture Partners Fond II K/S 99.8 0 0 - (5)CP2 (X)(3) Investment Trust 100.0 1,230 1,230 - 213ATP Alternative Investment Trust 100.0 1,621 1,621 - 201The ATP Group – Annual Report 2012102