annual report 2020 - Flipbook - Side 26
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
FINANCIAL STATEMENTS 2020
Income statement and statement of comprehensive
income
Other comprehensive income
Comprehensive income for the year
Note DKK mill.
2020
2019
2
Gross premiums
8,075
8,215
Total premiums, net of reinsurance
8,075
8,215
10
Income from group undertakings
1,662
6,796
11
Income from associated undertakings
3
0
-3
Interest income and dividends, etc.
5,699
4,040
Value adjustments
2,610
9,495
-3
-3
Interest expenses
6
Administration costs in connection with investment activities
Total investment returns
-283
-270
9,685
20,054
-1,457
-3,020
4
Tax on yields of certain pension-scheme assets
5
Benefits paid
-5,121
-5,437
Total insurance benefits, net of reinsurance
-5,121
-5,437
Change in life-assurance provisions
-10,456
-18,593
Total change in life-assurance provisions, net of reinsurance
-10,456
-18,593
13
Change in excess capital
-34
-166
6
Administration costs
-119
-112
Total insurance operating costs, net of reinsurance
-119
-112
Retained investment returns
-574
-961
0
-20
Technical result
7
Technical result of sickness and accident insurance
-2
48
Investment return on equity
210
410
Profit before tax
208
438
Tax on yields of certain pension-scheme assets for equity capital
-13
-21
195
417
Value adjustment of property, plant and equipment
11
-
Allocated to insurance and investment contracts
-10
-
0
-
Profit for the year
Tax on yields of certain pension-scheme assets on other
comprehensive income
0
-
195
417
25