Statement of financial position

DKKm		2007	2008
Notes
	Assets
11	Intangible assets	335	450

12	Operating equipment	80	46
13	Owner-occupied property	306	1,315
14	Assets under construction	0	0
	Total property, plant and equipment	386	1,361

15	Investment property	2,263	2,246

16	Investments in associates	19	14
	Total investments in associates	19	14

	Equity investments	2,961	422
	Unit trust units	1,629	940
	Bonds	30,654	28,721
	Deposits in credit institutions	302	389
17	Total other financial investment assets	35,546	30,472

	Deposits with ceding undertakings, receivable	19	13

	Total investment assets	37,847	32,745

	Reinsurers' share of provisions for unearned premiums	159	176
22	Reinsurers' share of provisions for claims	1,428	860
18	Total reinsurers' share of provisions for insurance contracts	1,587	1,036

	Receivables from policyholders	901	838
	Total receivables in relation to direct insurance contracts	901	838
	Receivables from insurance enterprises	509	250
	Other receivables	1,145	601
17	Total receivables	2,555	1,689

19	Current tax assets	93	111
17	Cash in hand and at bank	298	282
	Other	4	3
	Total other assets	395	396

	Accrued interest and rent earned	666	626
	Other prepayments and accrued income	59	142
	Total prepayments and accrued income	725	768

	Total assets	43,830	38,445


DKKm		2007	2008
Notes
	Liabilities
20	Shareholders' equity	10,010	8,244

21	Subordinated loan capital	1,101	1,102

22	Provisions for unearned premiums	5,403	5,100
22	Provisions for claims	21,104	19,715
	Provisions for bonuses and premium rebates	409	378
	Total provisions for insurance contracts	26,916	25,193

23	Pensions and similar obligations	403	523
24	Deferred tax liability	1,109	949
25	Other provisions	57	36
	Total provisions	1,569	1,508

	Debt related to direct insurance	358	311
	Debt related to reinsurance	253	172
26	Debt to credit institutions	599	709
19	Current tax liabilities	336	248
27	Other debt	2,597	871
	Total debt	4,143	2,311

	Accruals and deferred income	91	87

	Total liabilities and equity	43,830	38,445

1	Accounting policies
20	Capital adequacy
28	Earnings per share
29	Contractual obligations, contingent liabilities and collateral
30	Acquisition of subsidiary
31	Related parties