annual report 2020 - Flipbook - Side 38
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
NOTES
Note 10 - Equity investments in group undertakings
DKK mill.
Carrying amount 1 January
Additions/issues during the year
Capital reductions/redemptions during
the year
Dividend for the year
Share of profit for the year
31.12.2020
31.12.2019
39,578
35,239
6,696
2,164
-6,962
-4,529
-418
-91
1,662
6,820
-
-25
40,556
39,578
DKK mill.
31.12.2020
31.12.2019
Carrying amount 1 January
37
45
Additions/issues during the year
69
0
Dividend for the year
-30
-5
0
-3
76
37
Equity investments in associated undertakings
22
3
Investment assets attached to market-rate products, see note 12
54
34
Ownership
interest
Result
Equity
Share of profit for the year
Carrying amount 31 December
Share of movements in capital for the
year
Carrying amount 31 December
Equity investments are disclosed in balance sheet items:
Equity investments in group undertakings
Investment assets attached to market-rate products, see note 12
4,945
4,772
35,611
34,806
Equity investments in group undertakings consist of:
Name
Note 11 - Equity investments in associated undertakings
Registered office
Ownership
interest
Result
Equity
Industriens Pension Portfolio (capital
association)
Copenhagen
100%
1,660
34,092
IP Alternative Investments
Komplementar ApS
Copenhagen
100%
0
0
IP Finans 1 ApS
Copenhagen
100%
0
4
IP Butendiek Wind K/S
Copenhagen
100%
-115
158
IP Gode Wind II K/S
Copenhagen
100%
-71
766
IP Komplementar ApS
Copenhagen
100%
0
0
IP Ejendomme 2013 P/S
Copenhagen
100%
176
5,518
IP Infrastruktur Komplementar ApS
Copenhagen
100%
0
0
IP Infrastruktur P/S
Copenhagen
100%
7
18
Equity investments are disclosed in balance sheet items:
Equity investments in associated undertakings consist of:
Name
Registered office
EjendomsSelskabet Norden VIII K/S
Copenhagen
33%
0
14
Gode Wind II Joint FinCo ApS
Copenhagen
21%
1
12
Better Energy Impact K/S
Copenhagen
50%
-
-
Better Energy Impact Komplementar ApS
Copenhagen
50%
-
-
EjendomsSelskabet Norden VIII K/S is active within the property area, Gode Wind II Joint FinCo ApS is a
financing company, while the Better Energy Impact companies are engaged in infrastructure activities.
Industriens Pension Portfolio invests in shares and bonds etc. while other group undertakings are involved with
activities in properties, infrastructure and wind turbines.
37