annual report 2020 - Flipbook - Side 29
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
NOTES
Notes
Note 1 - Accounting policies
29
Note 18 - Related parties
41
Note 2 - Gross premiums
34
Note 19 - Five-year summary of key figures and financial ratios
42
Note 3 - Value adjustments
34
Note 20 - Schedule of assets and returns on assets
43
Note 4 - Tax on yields of certain pension-scheme assets
34
Note 21 - Derivative financial instruments
44
Note 5 - Benefits paid
35
Note 22 - Breakdown by valuation of investment assets and financial liabilities
44
Note 6 - Administration costs
35
Note 22 - Breakdown by valuation of investment assets and financial liabilities, continued
45
Note 7 - Technical result of sickness and accident insurance
36
Note 22 - Breakdown by valuation of investment assets and financial liabilities, continued
46
Note 8 - Equipment
36
Note 22 - Breakdown by valuation of investment assets and financial liabilities, continued
47
Note 9 - Owner-occupied property
36
Note 23 - Remuneration of Board of Directors
48
Note 10 - Equity investments in group undertakings
37
Note 24 - Risk management
48
Note 11 - Equity investments in associated undertakings
37
Note 12 - Investment assets attached to market-rate products
38
Note 13 - Subordinated loan capital
38
Note 14 - Life-assurance provisions at average rate
39
Note 15 - Life-assurance provisions at market rate
40
Note 16 - Other debt
40
Note 17 - Collateral and contingent liabilities
41
28