annual report 2020 - Flipbook - Side 44
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
NOTES
Note 20 - Schedule of assets and returns on assets
Assets linked to average rate
DKK mill.
Market value
Assets linked to market rate
Brought forward
Carried forward
Return before
tax
449
485
0.2%
1.
Land and buildings directly owned
2.1
Listed equity investments
1,037
1,044
2.2
Unlisted equity investments
1,055
868
2.
Total equity investments
2,092
3.1
Government bonds and mortgage-credit bonds
3,033
3.2
Index-linked bonds
3.3
Credit bonds and emerging markets bonds
3.4
Loans etc.
3.
Total bonds and loans
4.
5.
6.
DKK mill.
Market value
Brought forward
Carried forward
Return before
tax
7,806
8,014
-6.3%
1.
Land and buildings directly owned
13.4%
2.1
Listed equity investments
47,673
53,769
11.5%
0.8%
2.2
Unlisted equity investments
35,119
34,318
0.5%
1,912
7.1%
2.
Total equity investments
82,792
88,087
6.7%
2,929
2.4%
3.1
Government bonds and mortgage-credit bonds
28,810
32,270
2.1%
-
-
-
3.2
Index-linked bonds
1,125
1,134
1.0%
3.3
Credit bonds and emerging markets bonds
47
7
2.4%
3.4
Loans etc.
4,205
4,070
2.0%
3.
Total bonds and loans
Subsidiaries
129
110
-8.8%
4.
Other investment assets
127
76
-
5.
Derivative financial instruments
515
799
-
6.
Derivative financial instruments
-
-
-
37,582
41,956
-0.7%
429
131
3.0%
66,821
74,357
0.6%
Subsidiaries
1,030
1,044
-8.6%
Other investment assets
3,064
1,850
-
150
-1,136
-
The returns on individual investment assets as well as total investment assets have been calculated using the time-weighted
method, i.e. daily return calculations are made throughout the year. Exchange-rate fluctuations have been included under
derivative financial instruments.
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