Annual Report IPF 2021 - Flipbook - Side 28
INDUSTRIENS PENSIONSFORSIKRING A/S
ANNUAL REPORT 2021
FINANCIAL STATEMENTS 2021
Changes in equity
Share capital
Reserve*
Retained
earnings
Total
110
5,265
531
5,906
Profit for the year
-
626
-
626
Other comprehensive income
-
0
-
0
Equity as at 31 December 2021
110
5,891
531
6,532
Equity as at 1 January 2020
110
5,069
531
5,710
-
195
-
195
Note DKK mill.
Equity as at 1 January 2021
Profit for the year
Other comprehensive income
Equity as at 31 December 2020
-
0
-
0
110
5,265
531
5,905
*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 million is issued in shares each of DKK 1,000, or multiples of same.
Own funds
DKK mill.
Equity, see above
31.12.2021
31.12.2020
6,532
5,905
4,201
3,908
Difference between equity and solvency capital:
Excess capital (special bonus provisions type B)
Other subordinated loan capital (special bonus provisions type A)
Total own funds (accepted to cover the solvency capital requirement)
300
312
11,033
10,124
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