Income statement
Print-friendly page| Amounts in SEK thousands | 2007 | 2006 | |
|---|---|---|---|
| Profit /loss for the year | 1,755,112 | 1,786,589 | |
| Operating income and expenses | |||
| Premiums: | |||
| Premium income | Note 1 | 406,369 | 1,591,448 |
| Change in estimated premiums for investment guarantees and counter-guarantees | -10,450 | -16,342 | |
| Change in estimated premiums for binding offers | 182,186 | -80,732 | |
| Premium income from reinsurance | 31,063 | 90,479 | |
| Premium cost for reinsurance | -94,594 | -464,184 | |
| Net premium income | 514,574 | 1,120,669 | |
| Change in technical reserves for estimated risk in exposure, gross | Note 2 | 328,000 | -768,000 |
| Reinsurer’s share of change in technical reserves for estimated risk in exposure | Note 2 | 130,000 | 1,080,000 |
| Change in technical reserves for estimated risk in exposure, net | Note 2 | 458,000 | 312,000 |
| Recoveries: | |||
| Capital | Note 3 | 724,594 | 1,285,312 |
| Total capitalised interest | Note 3 | 248,458 | 143,602 |
| Interest | Note 3 | 214,013 | 145,491 |
| Undistributed recoveries | Note 3 | -262,157 | 141,061 |
| Total recovered claims | Note 3 | 924,908 | 1,715,466 |
| Other recovery costs | -2,519 | -10,014 | |
| Net recovery income | 922,389 | 1,705,452 | |
| Indemnifications: | |||
| Indemnification payments | -11,616 | -27,013 | |
| Loss prevention lease | -20,434 | -14,239 | |
| Loss prevention measures | -269 | -2,117 | |
| Total indemnifications | -32,319 | -43,369 | |
| Called excess | -37,173 | -109,837 | |
| Compensation for debt relief | 36,268 | 265,806 | |
| Change in estimated net value of indemnified claims | Note 4 | -520,000 | -1,201,000 |
| Other operating expenses | Note 5 | -6,104 | -6,054 |
| Running expenses: | |||
| Administrative expenses | Note 6 | -116,674 | -106,619 |
| Depreciation of equipment | Note 6 | -1,270 | -1,334 |
| Administrative income | Note 6 | 182 | 1,915 |
| Total running expenses | Note 6 | -117,762 | -106,038 |
| Operating profit/loss | 1,217,873 | 1,937,629 | |
| Financial income and expenses | |||
| Interest income on treasury management | 469,402 | 350,492 | |
| Other interest income | 98,754 | 47,817 | |
| Interest expenses, loans | -82 | -60 | |
| Other interest expenses | -26,479 | 2,404 | |
| External expenses for treasury management | -1,640 | -260 | |
| Exchange rate differences, assets and liabilities | Note 7 | -2,716 | -551,433 |
| Total financial items | 537,239 | -151,040 |