IPF årsrapport 2018 (eng) - Flipbook - Side 27
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25
Changes in equity and own funds
Changes in equity
Share
capital
Retained
earnings
Reserve*
Total
Equity as at 1 January 2018
Profit for the year
110
-
531
-
4,541
111
5,182
111
Equity as at 31 December 2018
110
531
4,653
5,293
Equity as at 1 January 2017
Profit for the year
110
-
531
-
4,153
388
4,794
388
Equity as at 31 December 2017
110
531
4,541
5,182
DKK mill.
* The reserve for tax-free retained earnings is subject to special limitations, see section 307 of the Danish
Financial Business Act on labour-market-related life-assurance limited companies.
The company share capital of DKK 110 mill. is issued in shares, each of DKK 1,000, or multiples hereof.
Own funds
DKK mill.
Equity, see above
Difference between equity and solvency capital:
Excess capital (special bonus provisions type B)
Other subordinate loan capital (special bonus provisions type A)
Total own funds (recognised to cover the solvency capital
requirement)
31.12.2018
31.12.2017
5,293
5,182
3,683
336
3,758
353
9,312
9,293