Total group contributions and dividends 255.2 1.5 270.2 1.7 2 Group contribution recognised in 2012 was reversed in 2013.
Gains and losses in connection with sale and liquidation Bilskadeinstituttet AS (liquidated in 2014) 1.3 Storebrand ASA 1,108.7 209.6
Impairment losses Lokal Forsikring AS 20.1 Nordisk Forsikrings Service AS 27.4
Total gains and losses in connection with sale, liquidation and impairment losses 1,110.0 47.5 209.6
Gjensidige Investeringsrådgivning AS (owned by Gjensidige Pensjon og Sparing Holding AS) 0.4
Cooperating companies Fire Mutuals 15.7 11.4 Gjensidige Pensjonskasse 3 111.0 111.0 Total intercompany balances with cooperating companies 111.0 15.7 111.0 11.4 3 Gjensidige Forsikring ASA is a sponsor of Gjensidige Pensjonskasse and has contributed with funds equivalent to NOK 111.0 million.
Subordinated loan 1,197.1 Proportion 50/50-deductions (588.9) Additional capital 608.1 Net primary capital (A) 10,874.5 11,213.5
Other non-weighted assets Goodwill 1,568.6 1,388.7 Deferred tax assets 31.2 Other intangible assets 795.5 763.0 Derivatives 324.4 216.8
Assets with 0% risk weight 0.0 0.0 Assets with 10% risk weight 189.5 169.4 Assets with 20% risk weight 4,856.8 4,697.8 Assets with 35% risk weight 0.2 0.2 Assets with 50% risk weight 396.6 711.4 Assets with 100% risk weight 30,996.1 31,070.3 Assets with 150% risk weight 2,599.7 2,568.9 Total risk weighted assets 39,038.7 39,218.1
Weighted reinvestment cost derivatives 133.3 61.1 Primary capital in other financial institutions (1,177.9) (108.5)
Gjensidigestiftelsen 311,200,115 62.24% Folketrygdfondet 25,229,414 5.05% State Street Bank And Trust Co. Nominee 16,708,429 3.34% Clearstream Banking S.A. Nominee 7,472,447 1.49% State Street Bank & Trust Company Nominee 6,978,187 1.40% State Street Bank And Trust Co. Nominee 3,561,596 0.71% State Street Bank & Trust Co. Nominee 3,298,488 0.66% State Street Bank And Trust Co Nominee 3,197,269 0.64% State Street Bank And Trust Co. Nominee 2,458,071 0.49% The Bank Of New York Mellon Nominee 2,439,594 0.49% Skandinaviska Enskilda Banken Ab Nominee 2,389,196 0.48% J.P. Morgan Chase Bank N.A. London Nominee 2,084,536 0.42% Danske Invest Norske Instit. Ii. 2,079,040 0.42% BNP Paribas Sec. Services S.C.A Nominee 2,067,607 0.41% Verdipapirfondet Dnb Norge (Iv) 1,843,181 0.37% Klp Aksje Norge Indeks Vpf 1,829,718 0.37% State Street Bank & Trust Co. Nominee 1,576,232 0.32% Dz Privatbank S.A. Nominee 1,371,000 0.27% The Bank Of New York Mellon Sa/Nv Nominee 1,274,620 0.25% Rbc Investor Services Trust Nominee 1,233,792 0.25% Number of shares 20 largest shareholders 400,292,532 80.06% Total number of shares 500,000,000 100.00%
Share-based remuneration for key personnel 6.4 6.2 Share savings programme for employees 3.4 3.1 Total expenses (note 17) 9.9 9.3
The consolidated accounts have been prepared in accordance with the EU-approved International Financial Reporting Standards (IFRS) and interpretations, together with the additional disclosure requirements that derive from the Regulations concerning annual accounts for insurance companies pursuant to the Norwegian Accounting Act and that shall be adopted as per 31 December 2014. The annual accounts for the parent company were submitted in accordance with the Accounting Act and the Regulations concerning annual accounts for insurance companies as per 31 December 2014. The Board’s Report for the Group and the parent company, including The Boards statement on corporate governance and corporate social responsibility, is in accordance with the requirements of the Accounting Act and Norwegian Accounting Standard no. 16 as per 31 December 2014.
To the best of our knowledge: • the annual accounts for 2014 for the Group and the parent company have been prepared in accordance with current accounting standards • the information in the accounts gives a true and fair view of the Group’s and the parent company’s assets, liabilities and financial position and results as a whole as per 31 December 2014 • The Board’s Report for the Group and the parent company gives a true and fair summary of: - the development, results and position of the Group and the parent company - the most important risk and uncertainty factors that the Group and parent company are currently facing
Inge K. Hansen Gunnhild H. Andersen Trond Vegard Andersen Hans-Erik F. Andersson Per Arne Bjørge Chair