annual report 2020 - Flipbook - Side 27
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
FINANCIAL STATEMENTS 2020
Balance sheet, equity and liabilities
Balance sheet, assets
Note DKK mill.
8
9
10
Equipment
1
0
Note DKK mill.
Share capital
Owner-occupied property
105
81
Total property, plant and equipment
106
81
Retained earnings
Equity investments in group undertakings
531
Excess capital
3,908
3,862
Equity investments in associated undertakings
22
3
Loans to associated undertakings
23
-
Total investments in group undertakings and associated undertakings
5,154
4,956
Equity investments
6,321
6,540
14
Life-assurance provisions at average rate
1,344
1,389
15
12,417
12,595
Deposits with credit institutions
Other financial investment assets
5
4
411
537
Other subordinated loan capital
Total subordinated loan capital
Premium provisions
54
7,518
Life-assurance provisions at market rate
172,763
162,232
Total life-assurance provisions
180,214
169,749
7,988
7,507
158
72
Provisions for claims outstanding for sickness and accident insurance
Risk margin on sickness and accident insurance
Provisions for bonuses and premium rebates
2,617
1,787
22,852
Total provisions for insurance and investment contracts
Total investment assets
28,269
27,808
Creditors arising out of direct insurance operations.
175,487
163,839
612
631
Receivables from group undertakings
Debt to group undertakings
16
29
Other debt
4,958
3,188
Total debt
6,469
5,679
205,665
193,595
696
688
42
26
17
Collateral and contingent liabilities
Deferred tax assets
224
204
18
Related parties
Cash at bank and in hand
324
512
19
Five-year summary of key figures and financial ratios
Total other assets
590
741
20
Schedule of assets and returns on assets
Interest receivable
399
331
21
Derivative financial instruments
Prepayments and other accrued income
119
108
22
Breakdown by valuation of investment assets and financial liabilities
517
438
23
Remuneration of Board of Directors
205,665
193,595
24
Risk management
Total assets
7
2,454
2
Total prepayments and accrued income
8
30
55
Current tax assets
638
178,021
1,473
0
Total receivables
655
189,071
Current tax liabilities
84
Other receivables
323
4,185
55
23,115
Amounts receivable from policy holders
312
4,219
7,451
Total other financial investment assets
Investment assets attached to market-rate products
110
5,069
5,710
181
Other loans
110
5,265
531
4,772
Bonds
31.12.2019
5,906
164
13
31.12.2020
Total equity
4,945
Investment units
12
31.12.2019
Reserve for tax-free retained earnings
Loans to group undertakings
11
31.12.2020
Total equity and liabilities
26