Annual Report IPF 2021 - Flipbook - Side 27
INDUSTRIENS PENSIONSFORSIKRING A/S
ANNUAL REPORT 2021
FINANCIAL STATEMENTS 2021
Balance sheet, assets
Note DKK mill.
31.12.2021
31.12.2020
1
1
Owner-occupied property
113
105
Reserve for tax-free retained earnings
Total property, plant and equipment
115
106
Retained earnings
5,942
4,945
215
164
Equity investments in associated undertakings
98
22
Loans to associated undertakings
96
23
Total investments in group undertakings and associated undertakings
6,351
5,154
Equity investments
9,642
6,321
14
Life-assurance provisions at average rate
Investment units
1,694
1,344
15
12,013
12,417
5
5
8
Equipment
9
10
Equity investments in group undertakings
Loans to group undertakings
11
Bonds
Other loans
Deposits with credit institutions
Note DKK mill.
31.12.2021
31.12.2020
110
110
5,891
5,265
531
531
Total equity
6.532
5,906
Excess capital
4,201
3,908
Share capital
13
Other subordinated loan capital
300
312
Total subordinated loan capital
4,501
4,219
Premium provisions
53
55
7,441
7,451
Life-assurance provisions at market rate
202,842
172,763
Total life-assurance provisions
210,284
180,214
7,670
7,988
Provisions for claims outstanding for sickness and accident insurance
435
411
1,566
2,617
Total other financial investment assets
25.354
23,115
Total provisions for insurance and investment contracts
Total investment assets
31,705
28,269
Creditors arising out of direct insurance operations.
200.994
175,487
647
612
0
0
Other financial investment assets
12
Balance sheet, equity and liabilities
Investment assets attached to market-rate products
Amounts receivable from policy holders
Receivables from group undertakings
Risk margin on sickness and accident insurance
Provision for bonuses and premium rebates
Debt to group undertakings
16
158
655
219,461
189,071
8
8
31
30
Current tax liabilities
4,833
1,473
Other debt
3,223
4,958
Other receivables
4,262
84
Total receivables
4.909
696
Current tax assets
43
42
17
Collateral and contingent liabilities
Deferred tax assets
3
224
18
Related parties
Liquid assets
363
324
19
Five-year summary of key figures and financial ratios
Total other assets
409
590
20
Schedule of assets and returns on assets
Interest receivable
325
399
21
Derivative financial instruments
Prepayments and other accrued income
133
119
22
Breakdown by valuation of investment assets and financial liabilities
Total prepayments and accrued income
458
517
23
Risk management
238,590
205,665
Total assets
79
1.377
Total debt
Total equity and liabilities
8.096
6,469
238,590
205,665
27
