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Norway Yearbook - 1996

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Financial intermediation<br />

454 Life insurance companies. Balance sheets per 31 December. Million kroner<br />

Assets and liabilities 1990 1991 1992 1993 1994 1995*<br />

Assets<br />

Cash and bank deposits 5723 5074 4012 5824 11471 8796<br />

Treasury bills etc. 548 2308 5731 254 100<br />

Certificates 2073 4674 5546 6831 17797 23961<br />

Bonds 59639 61171 63970 89022 84027 101 589<br />

Shares and primary capital certificate. 17041 18196 15 665 21 803 21 584 26379<br />

Loans (utilized)1 65 145 68612 73951 67 958 63551 54020<br />

Gross loans 65145 68612 74193 68221 63785 54205<br />

- Specified provisions .. .. 242 263 234 185<br />

- Unspecified provisions 425 501 326 326 227 62<br />

Other financial assets 6545 9856 9890 8422 8522 6420<br />

Fixed assets 8157 9140 10006 10304 12566 14645<br />

Total 164444 178530 188447 209838 219545 235849<br />

Liabilities<br />

Share capital 1 866 2254 2814 2915 2923 2 500<br />

Bond loans 1 415 1 519 1 801 1 983 1 641 1 467<br />

Loans 799 671 660 763 728 841<br />

Insurance liabilities 156357 167 020 176 323 194 756 204 490 220 003<br />

Other liabilities 2603 4390 3862 4307 4064 1468<br />

Taxes .. .. .. 361 46 169<br />

Funds and other own capital 1 403 2677 2987 4753 5654 9401<br />

Total 164444 178530 188447 209838 219545 235849<br />

Specifications<br />

Loans to municipalities, enterprises<br />

and households 57035 65710 72149 66520 62306 52007<br />

Numberof companies 11 11 10 10 10 9<br />

Loans after specified provisions.<br />

Source: Banking and Credit Statistics. Current Figures. More information: Division for Public Finance and Credit Market Statistics.<br />

455 Life insurance companies. Working account. Million kroner<br />

1990 1991 1992 1993 1994<br />

Duepremiums 12943 15134 15893 15826 19243<br />

Net financial receipts 12063 11121 12477 23368 11315<br />

Insurance payments 7916 9127 11110 11275 11683<br />

Bound appropriations for future payments<br />

9863 13611 9148 18216 12025<br />

Transfer of premium reserve from/to<br />

other companies/pension funds -922 -1 009 -1 448 -256 -1 583<br />

Operatingexpenses 2669 2815 2836 2699 2610<br />

Net other receipts 15 -22 100 -650 -60<br />

Transfers from other funds 2810 3791 797 439 -<br />

Net extraordinary receipts -8 30 41<br />

Taxes 145 111 127 274 -10<br />

Profitílossfortheyear 6316 3345 4629 6303 2606<br />

Source: Banking and Credit Statistics. Csrrent Figures. More information: Division for Public Finance and Credit Market Statistics.<br />

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