Gjensidige Pensjon og Sparing Holding AS 8.6 9.3 Gjensidige Pensjonsforsikring AS (owned by Gjensidige Pensjon og Sparing Holding AS) 42.2 47.7 Gjensidigestiftelsen 4.6 4.1 Mondux Affinity Aps 12.9 Mondux Assurance Agentur A/S 25.4 NAF Forsikringsformidling AS 0.5 Nordisk Forsikrings Service AS 30.9 Nykredit Forsikring A/S 316.3 238.5 101.6 Oslo Areal AS 0.1 0.8 0.3 1.0 Tennant Assuranse AS (owned by Lokal Forsikring AS) 11.7 18.8
Total gains and losses in connection with sale, liquidation and impairment losses 720.6 10.4 1,110.0 47.5
Intercompany non-interest-bearing debts and receivables Byggeriet Forsikringsservice A/S 1.3 Försäkringshuset Amb & Rosèn AB 1.3 Gjensidige Baltic AAS 3.4 Gjensidige Bank ASA (owned by Gjensidige Bank Holding AS) 0.3 Gjensidige Norge AS Gjensidige Pensjon og Sparing Holding AS 31.6 0.9 0.4 Gjensidige Pensjonsforsikring AS (owned by Gjensidige Pensjon og Sparing Holding AS) 3.1 21.1 10.3 Gjensidige Investeringsrådgivning AS (owned by Gjensidige Pensjon og Sparing Holding AS) 0.1
Gjensidigestiftelsen 1.0 0.3 Mondux Affinity Aps 11.6 Mondux Assurance Agentur A/S 5.0 NAF Forsikringsformidling AS 0.5 Nordisk Forsikrings Service AS 49.8 Nykredit Forsikring A/S 31.1 32.5 Oslo Areal AS 92.0 Tennant Assuranse AS (owned by Lokal Forsikring AS) 7.3 5.4 (3.0) Total intercompany non-interest-bearing debts and receivables 77.9 38.7 133.1 57.4
Intercompany interest-bearing debts and receivables Oslo Areal AS 1,538.0 3,430.5 Total intercompany interest-bearing debts and receivables 1,538.0 3,430.5
Guarantees Gjensidige Forsikring is responsible externally for any insurance claim arising from the cooperating mutual fire insurers' fire insurance business, see note 20.
Assets with 0% risk weight 2,295.9 4,620.7 Assets with 10% risk weight 1,967.9 1,894.6 Assets with 20% risk weight 23,017.2 24,283.9 Assets with 35% risk weight 0.5 0.5 Assets with 50% risk weight 661.2 793.1 Assets with 100% risk weight 36,363.3 30,996.1 Assets with 150% risk weight 1,383.5 1,733.1
Weighted reinvestment cost derivatives 128.2 133.3 Primary capital in other financial institutions (827.2) (1,177.9)
Restricted bank deposits Source-deductible tax accounts 70.5 67.1 Total restricted bank deposits 70.5 67.1
Fair value measurement The fair value of the shares allocated through the share-based payment for executive personnel is calculated on the basis of the share price at grant date. The amount is recognised immediately. The cash-settled share is adjusted consecutively based on the share price at the reporting time.
The number of shares Outstanding 1 January 59,145 54,863 52,494 49,383 Granted during the period 17,824 16,435 19,717 17,884 Forfeited during the period (32,211) (29,225) (20,961) (19,728) Quantity adjusted during the period 420 (420) Modification dividend during the period 1,953 1,861 7,895 7,324 Outstanding 31 December 47,131 43,514 59,145 54,863 Exercisable 31 December 0 0 0 0
Today, the Board and the CEO have considered and approved the Board’s Report and the Annual Accounts for Gjensidige Forsikring ASA, the Group and the parent company, for the calendar year 2015 and as per 31 December 2015.
Inge K. Hansen Lotte K. Sjøberg Trond Vegard Andersen Chairman Board member Board member
Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange. We have about 3,900 employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also offer banking, pension and savings. Operating income was NOK 24 billion in 2015, while total assets were NOK 129 billion.