Årsrapport 2022 godkendt 7. marts 2023 (eng) - Flipbook - Side 35
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2022
BOARD OF MANAGEMENT AND BOARD OF DIRECTORS
policy holders owing to a favourable result in the
financial year or previous years.
Deferred tax liabilities
Deferred tax liabilities are calculated on the basis of
temporary differences between accounting and tax
values of assets and liabilities included in the collective
tax basis (basis for tax on yields of certain pensionscheme assets at institution level).
Deferred tax on yields of certain pension-scheme
assets is offset against deferred tax assets relating to
tax on yields of certain pension-scheme assets.
Debt to credit institutions
Debt to credit institutions includes debt related to
commitments to repurchase securities in repurchase
agreements. The debt is measured at fair value.
Other debt
Derivative financial instruments are measured at fair
value. Derivative financial instruments with negative fair
value are included under other debt. Other amounts
payable included under other debt are measured at
amortised cost, which normally corresponds to the
nominal value.
Contingent liabilities
Commitments regarding pledges on investments,
guarantees and sureties etc. on non-insurance matters
are disclosed in a note to the annual report.
Key figures and financial ratios
The company’s financial ratios have been calculated in
accordance with the regulations in the Executive Order
on Presentation of Financial Statements.
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