Statement of change in equity

DKKm

		Share capital	Revaluation reserves	Reserve for exchange rate adj.	Equalisation reserve	Other reserves	Retained earnings	Proposed dividends	Total




	Shareholders' equity at 1 January 2006	1,700	5	46	63	800	4,173	1,428	8,215

	Equity entries in 2006
	Profit for the year						967	2,244	3,211
	Change in equalisation provision				-5		5		0
	Revaluation of owner-occupied properties		3						3
	Exchange rate adjustment of foreign entities			-143					-143
	Hedge of foreign currency risk in foreign entities			107					107
	Actuarial gains and losses on pension obligation						116		116
	Tax on equity entries		-1	-30			-32		-63
	Total comprehensive income	0	2	-66	-5	0	1,056	2,244	3,231

	Dividend paid							-1,428	-1,428
	Dividend own shares						5		5
	Purchase of own shares						-88		-88
	Issue of employee shares						13		13
	Issue of share options						3		3
	Total equity entries in 2006	0	2	-66	-5	0	989	816	1,736

	Shareholders' equity at 31 December 2006	1,700	7	-20	58	800	5,162	2,244	9,951

	Shareholders' equity at 1 January 2007	1,700	7	-20	58	800	5,162	2,244	9,951

	Equity entries in 2007
	Profit for the year					75	1,035	1,156	2,266
	Change in equalisation provision								0
	Revaluation of owner-occupied properties		-3						-3
	Exchange rate adjustment of foreign entities			49			35		84
	Hedge of foreign currency risk in foreign entities			-40			-58		-98
	Actuarial gains and losses on pension obligation						94		94
	Tax on equity entries		3	10			-11		2
	Total comprehensive income	0	0	19	0	75	1,095	1,156	2,345

	Dividend paid							-2,244	-2,244
	Dividend own shares						14		14
	Purchase of own shares						-96		-96
	Issue of employee shares						32		32
	Issue of share options						8		8
	Total equity entries in 2007	0	0	19	0	75	1,053	-1,088	59

	Shareholders' equity at 31 December 2007	1,700	7	-1	58	875	6,215	1,156	10,010

	Dividend paid per share DKK 17 (total for 2006 DKK 33 DKK).
	Dividend per share is calculated as the total dividend proposed by the Supervisory Board after the end of the financial year divided by the average number of shares 67,648,000. The dividend is not paid until approved by the shareholders at the annual general meeting of the subsequent year.


	Tryg Vesta Forsikring, the Norwegian branch of TrygVesta Forsikring A/S, has in its branch financial statements included provisions for contingency funds in the amount of NOK 2,564m (2006: NOK 2,251m) under provisions for insurance contracts.
	In TrygVesta Forsikring A/S, these provisions, due to their nature as additional provisions, are included in shareholders' equity (retained earnings), net of deferred tax. TrygVesta Forsikring A/S' option to pay dividend to TrygVesta A/S is influenced by this amount. The dividend payment is also affected by a contingency fund provision of DKK 670m, which is included in shareholders’ equity in TrygVesta Forsikring A/S.
	TrygVesta Garantiforsikring has a similar contingency amounting to DKK 139m, which is also included in the company’s shareholders’ equity.

DKKm

	Statement of recognised income and expenses							2007	2006
	Revaluation of owner-occupied properties for the year							-3	3
	Tax on owner-occupied properties for the year							3	-1
	Exchange rate adjustment of foreign entities for the year							84	-143
	Hedging of currency exposure in foreign entities for the year							-98	107
	Tax on hedging of currency exposure in foreign entities for the year							24	-30
	Actuarial gains/losses on defined benefit pension plans							94	116
	Tax on actuarial gains/losses on defined benefit pension plans							-25	-32
	Net income/expense taken directly to equity							79	20

	Profit for the year							2,266	3,211

	Total recognised income and expenses							2,345	3,231