Norway Yearbook - 1996

Financial intermediation
450 Mortgage companies. Balance sheets per 31 December. Million kroner
Assets and liabilities 1990 1991 1992 1993 1994 1995*
Assets
Notes and coins 1 2 1 1 1 2
Deposits 3782 7426 4880 2918 5257 5119
Certificates 7212 6599 6899 5751 3502 3222
Bonds 10502 13539 10243 12461 13571 14919
Shares and primary capital certificates 1 292 747 328 456 386 323
Loans(utilized)1 154979 131 527 93757 83613 72601 72718
Grossloans 154979 131527 95137 84216 72855 72913
- Specified provisions. .. .. . .. .. 1 380 603 254 195
- Unspecified provisions 3777 4309 1158 453 342 246
Other financial assets 6 566 5767 4224 4242 5261 3791
Fixed assets 1 857 1 934 1 005 572 230 241
Total 182414 163232 120179 109562 100468 100089
Liabilities
Credit certificates 10067 8299 4986 6 643 7390 9394
Bond loans 136794 23783 83539 72634 65572 65782
Loans 23628 20650 19628 17408 15919 14174
Other liabilities 5506 4999 5130 4767 3842 2448
Sharecapital 2475 2705 4232 4999 4781 4339
Fundsandotherowncapital 3945 27% 2564 3111 2965 3953
Total 182414 163232 120179 109562 100468 100089
Specifications
Loans1 to municipalities, enterprises and
households 144559 121606 83132 73144 63219 62289
Number of enterprises 14 14 13 15 13 11
1Loans after specified provisions. md. agio/disagio.2lricI.respocessed assets.
Source: Banking and Credit Statistics. Current Figures. More information: Division for Public Finance and Credit Market Statistics.
451 Mortgage companies. Working account. Million kroner
1990 1991 1992 1993 1994
Interest incomeandsimilar receipts.. 22414 20428 13423 10497 6733
Interest charges and similar expenses 20572 18716 11 894 8787 5698
Short-term investments -69 -187 -125 370 -74
Commission receipts 33 39 30 29 20
Other operating receipts 113 130 88 69 25
Other operating expenses 666 714 616 481 358
Write-down and profit/loss on disposal of
fixed assets 12 66 45 17 -1
Losses on loans, guarantees etc.1 . .. 1 472 2024 1 308 373 -119
Extraordinary receipts 212 - 1 638 463 -
Extraordinary expenses - 186 300 -
Taxes 145 165 194 295 99
Profit/loss for the year -163 -1 461 697 1 475 670
11990_1993; losses on loans and guarantees. 1994; changes in losses on loans arid guarantees.
Source: Banking and Credit Statistics. Current Figures. More information: Division for Public Finance and Credit Market Statistics.
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