Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 GE Capital Canada FundingGE Capital Co Falconbridge Ltd/Old EPCOR UtilitiesInc Encana Corp Enbridge Inc ConocoPhillips CanadaFunding CoI of City Toronto Canada Citigroup FinanceCanadaInc Cenovus Energy Inc CDP FinancialInc Ltd Caterpillar FinancialServices DesjardinsInc Capital Canadian Pacific Railway Co Canadian Pacific Ltd Canadian Natural Resources Ltd Canadian NationalRailway Co Canadian ImperialBank ofCommerce/Canada Canada Housing Trust No1 Cameco Corp Caisse CentraleDesjardinsduQuebec Burlington Resources FinanceCo BRP FinanceULC BMW CanadaInc Bell Canada Bell Aliant Regional Communications LP Bank ofNova Scotia Bank ofMontreal American ExpressCanadaCreditCorp CoucheAlimentation Tard Inc Agrium Inc 407 InternationalInc Cand GTL Trade FinanceInc Gain Silver FinanceLtd CNOOC Ltd Finance2003 British VirginIslands Vale SA Telemar NorteLeste SA Government ofBrazil Centrais EletricasBrasileirasSA Brazil Weatherford InternationalLtd/Bermuda Qtel InternationalFinanceLtd Novartis SecuritiesInvestment Ltd Holcim GBFinanceLtd Allied World Assurance CoLtd Bermud Government ofBelgium Flemish Community Elia System OperatorSA/NV BNP Paribas Fortis Anheuser-Busch InBev NV Belgium VERBUND InternationalFinanceGmbH Telekom FinanzmanagementGmbH Telekom Austria AG Oesterreichische Kontrollbank AG OeBB Infrastruktur AG Kommunalkredit Austria AG KIG -KrankenanstaltenImmobiliengesellschaft mbH KA Finanz AG Hypo Alpe-Adria-Bank International AG Government of Austria Erste GroupBank AG BAWAG PSKBank fuer Arbeit und Wirtschaft undOesterreichische Autobahnen- UndSchnellstrasen-Finanzierungs-AG Austria Woolworths Ltd Westpac Banking Corp Westfield Trust Westfield America Trust Telstra CorpLtd Suncorp InsuranceFunding Ltd 2007 of State Victoria Australia ofQueensland State Australia &Gas SPI Electricity Australia Ltd HoldingsPty QBE InsuranceGroupLtd Qantas Airways Ltd New South Wales Treasury Corp National Australia Bank Ltd Insurance Australia GroupLtd Government of Australia FBG FinanceLtd Commonwealth Bank of Australia BHP BillitonFinanceUSA Ltd BHP BillitonFinanceLtd Australia &New ZealandBanking GroupLtd Asciano FinanceLtd Amcor Ltd/Australia Australi Postsparkasse AG a a 18 125 249878 12 253953414 15 337817 572 6 500 804606 6500 2250923656 4077506079 1567875273 3091666780 1648757551 1186 880229 1432151 522 2957717 466 2283639103 1611 921873 2109 314 550 373550958 283372587 380807202 449533335 180 324535 212 232486 163 964299 154 267923 459958194 197 233564 319 382844 260812 734 207373138 197 552454 151 094265 237157 262 712 947467 152 946408 301 421329 583473102 189 286199 189 132 952 166 845218 181 477766 718 710 552 432313 910 366745 305 115 503828 133 015 565 205099117 108 010 329 118 155 419 57 007 756 57007 65464500 40995732 68889059 42988075 73844429 83389347 31647947 33495943 29228384 92509449 49520445 33772244 84994999 38081472 45369375 84405827 18 534092 98918 086 13 066752 55468413 96479215 34962612 36419 631 53855768 58567701 65801 622 89352106 19 812 094 19 477216 10 188 508 11 403246 61310 196 50510 219 90116 530 19 203016
Market value (NOK) YPG FinancingInc FinanceCanadaLtd Xstrata Wells Fargo CanadaCorp VW CreditCanadaInc Vale CanadaLtd TransCanada PipeLinesLtd TransAlta Corp Toronto-Dominion Bank/The Thomson Reuters Corp TELUS Corp Teck Resources Ltd Suncor EnergyInc Sun Life FinancialInc Shaw CommunicationsInc Royal Bank ofCanada RONA Inc Rogers CommunicationsInc Quebecor MediaInc Province ofQuebecCanada Province Canada ofOntario Province ofNew Brunswick Canada Province ofManitobaCanada Province ofBritishColumbia Province of Canada Alberta Petro-Canada FinancialCorp Electricity Ontario Nexen Inc National Bank ofCanada Municipal Finance Authority ofBritishColumbia FinanceULC Molson CoorsCapital Metro Inc Manulife FinancialCorp Hydro-Quebec EnergyInc Husky Holcim FinanceCanadaInc Greater Toronto Airports Authority Government ofCanada Government ofDenmark DONG Energy A/S Danske Bank A/S Carlsberg Breweries A/S BRFkredit A/S Denmark Government oftheCzech Republic CEZ AS Ceske Drahy Czech Republi Government ofCroatia Cro Government ofChina Export-Import Bank ofChina China Development Bank Corp Agricultural Development Bank ofChina China Government ofChile Corp NacionaldelCobredeChile Celulosa Arauco yConstitucion SA Banco deChile delEstado Banco CentraldeChile Chile Yorkshire Water Bradford FinanceLtd Services Voto-Votorantim Overseas Trading OperationsNV Vale Overseas Ltd Transocean Worldwide Inc Transocean Inc TIAA RealCDO Estate Ltd Thames Water UtilitiesCayman FinanceLtd Smart HomeReinsurance Ltd Sharp SPILLCNetInterestMargin Trust Resix FinanceLtdCredit-Linked Notes RESI FinanceLP Rampart CLOLtd Petrobras InternationalFinanceCo-Pifco NSCR Trust IPIC GMTNLtd Hutchison Whampoa International09/16 Ltd Hutchison Whampoa International09Ltd Hutchison Whampoa International03/33Ltd Hutchison Whampoa Finance09Ltd Hutchison Whampoa Finance05Ltd Hutchison Whampoa Finance03/13 Ltd Hongkong LandFinanceCayman IslandCoLtd Hasco NIM Trust Global MortgageSecuritizationLtd Embraer Overseas Ltd CobaltLtd CW Capital Crest Ltd Blade EngineSecuritizationLtd Baidu Inc ABSC NIMs Trust Ca yman Islnds a tia 22141 011 883 1 800 866394 1800 1479389531 1029909339 4670231606 4939434380 5180 344803 3396161 967 3217 112 219 606 003 753 606003 402939099 445660087 435568477 233521605 297038332 266420290 282905938 203635425 228792898 355421924 231489468 473670277 706255125 314 454488 133 903362 998171 551 173 994438 417 456386 693966201 476 206847 263453104 250201 840 150 430512 161 215 609 715 817 850 597674 670 551939274 476 810 843 112 646835 312 587743 110 847979 123 092010 810 125 501 34 837 800 34837800 23695805 94242844 59683407 58552385 32509228 80525523 30523379 30633680 28485061 30524283 80527559 92847786 29933031 45378680 33043189 29715 940 24335139 19 552895 29614 631 91514 493 56513 636 61279701 46710 677 21301 689 62161 159 12 359175 50901 125 17 103 652 12 516 158 31115 846 2568490 4871926 7558139 3110 734 544636 697331
56 Market value 7 2 1 2 (NOK) 1 1 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 Bayerische Landesbodenkreditanstalt Bayerische Landesbank Bayer AG BASF SE Germany Vivendi SA Veolia Environnement SA Total Infrastructures GazFrance SA Total SA Capital Total InternationalSA Capital Technicolor SA Suez Environnement Co Societe NationaledesCheminsdeFer Francais Societe GeneraleSA Societe Financementdel’EconomieFrancaise SES SA Schneider ElectricSA Sanofi RTE Reseau detransport d’electricite Reseau Ferre deFrance Regie Autonome des Transports Parisiens RCI Banque SA PPR Pernod-Ricard SA Natixis LVMH MoetHennessy Louis Vuitton SA Legrand France SA LaSer Cofinoga La Poste SA Korreden SA SAImerys HSBC France SA Groupama SA Government ofFrance GIE PSA Tresorerie GDF Suez GCE Covered Bonds SA France Telecom SA Electricite deFrance SA Dexia Municipal Agency SA Dexia CreditLocal SA Credit Mutuel -CICHomeLoan SFH Credit Logement SA Credit Agricole SA Credit Agricole Covered Bonds CNP Assurances Ciments Francais SA CIF EuromortgageSA Cie deSt-Gobain Cie deFinancementFoncier SA Casino Guichard Perrachon SA Carrefour SA Caisse Nationaledes Autoroutes Caisse desDepotsetConsignations Caisse deRefinancement del’Habitat SA Caisse d’Amortissement delaDette Sociale Caisse CentraleduCreditImmobilierdeFrance SA BPCE SFHSA BPCE SA Bouygues SA BNP Paribas SA BNP Paribas HomeLoan SFH Banques Populaires Covered Bond SA AXA SA Autoroutes duSuddelaFrance SA Areva SA Alstom SA Agence Francaise deDeveloppement AG2R LaMondiale Vie France Teollisuuden Voima Oyj Pohjola Bank PLC OP MortgageBank Nordea Bank FinlandPLC FinancePLC Municipality Metso OYJ Government ofFinland Fortum OYJ Finnvera OYJ Elisa OYJ Aktia RealMortgageBank Estate PLC Finland Eesti Energia AS Estonia Government ofEgypt Egypt TDC A/S Realkredit Danmark A/S Nykredit Realkredit A/S Nordea KreditRealkreditaktieselskab Kommunekredit 44016 211 510 1528773944 2284668526 1258534337 2727026944 1047996859 8123 593 500 1414 722557 1159 582220 1123 582124 3850311 805 526744 7004 2723717 315 3166 179 851 1711 313 297 1411 772201 1495012 476 395807238 242692651 397028723 660465821 284442640 358984592 389690508 206390523 353626239 605821092 868487060 264038309 249770646 268844885 645286636 702540503 577647784 188 072856 818 864027 373738166 619 722782 478252134 466349146 197 755243 435524168 728449816 392757316 124 904707 615 736335 149 626067 252220215 156 448795 842917 681 523417 490 279768 089 107 320598 801 307030 102 285343 103 969050 164 539814 197 158 997 155 615 638 412 064617 222016 203 151 244109 703744 389 114 083895 745 149 452 265215 741 223174 447 111 345830 515 092117 85994637 86351252 79554803 46023034 47387580 57966425 97603643 84354386 66225380 33058145 56483146 54067901 72380410 90060013 37274 151 2935 1687 Market value (NOK) WL BANK AG Westfaelische Landschaft Bodenkreditbank Wirtschafts- undInfrastrukturbank Hessen Volkswagen AG FinancialServices Volkswagen AG UniCredit Bank AG ofRhineland-PalatinateState ofNorthRhine-WestphaliaState ofLowerState Saxony ofHesse State ofBerlinState SAP AG Rheinland-Pfalz Bank Portigon AG NRW Bank Norddeutsche LandesbankGirozentrale Muenchener Rueckversicherungs AG Muenchener Hypothekenbank eG Metro AG Merck KGaA MAN SE LBBW Landwirtschaftliche Rentenbank Landeskreditbank Baden-Wuerttemberg Foerderbank Landesbank Hessen-Thueringen Girozentrale Landesbank Berlin AG Land Thueringen fur Kreditanstalt Wiederaufbau Hypothekenbank Frankfurt AG HSH Nordbank AG HSH Finanzfonds AoeR Henkel AG &CoKGaA Government ofGermany Gemeinsame Deutsche Bundeslaender FMS Wertmanagement AoeR EWE AG Eurogrid GmbH Erste Abwicklungsanstalt E.ON SE Duesseldorfer Hypothekenbank AG Dexia Kommunalbank Deutschland AG Deutsche Telekom AG Deutsche Pfandbriefbank AG Deutsche Bank AG Deutsche Apotheker-und Aerztebank eG DekaBank Deutsche Girozentrale Daimler AG Commerzbank AG Oldenburg-Girozentrale Bremer LandesbankKreditanstalt Bertelsmann SE&CoKGaA Banca CarigeSpA Atlantia SpA Assicurazioni GeneraliSpA ACEA SpA A2A SpA It Teva PharmaceuticalIndustriesLtd Government ofIsrael Israel Sasol FinancingInternationalPLC Isle ofMan Saphir FinancePLC Permanent TSB PLC Lambay SecuritiesPLC Capital Irish Bank Resolution CorpLtd/Old Governor &Coofthe Bank ofIreland/The UKFundingGE Capital EuropeanFundingGE Capital EBS Ltd Depfa ACS Bank Celtic Residential IrishMortgageSecuritisation Bank ofIrelandMortgageBank Allied IrishBanks PLC AIB MortgageBank Ireland Government ofIndonesia Indonesia BankState ofIndia Indian OilCorpLtd Government ofIndia India Landsbanki IslandsHF Kaupthing Bank Hf Glitnir Banki HF Iceland Government ofHungary Hung Hong Kong Telecommunications HKTLtd Hong Kong Special Administrative Region Hong K Government ofGreece Greece aly ary ong 25884350077 63926127 358 2 900 430809 2900 1543433737 1404569969 3248584542 1771843545 1205055262 4627333821 1385251708 7508670660 1183 264 008 8395986132 1023860514 1705962816 1301 842798 7276 388636 2601 183 002 7147 762 359 4402852015 369 004 795 369004 759659039 221723341 671046561 566721692 221368591 803825521 289262558 784855027 554429703 324663620 457808793 298680067 339853678 956233051 506559685 207088126 197 572288 199 305244 197 780695 150 688393 373672413 191 364947 191 928208 248714 888 664461717 376 664605 152 818 406 233157 149 154 838155 365018 824 211 571385 569015 669 154 843104 259749 499 134 186 913 233741 271 977749 987 647236874 211 713 085 175 099974 101 781817 181 854011 77660548 33040091 45735927 39706522 78552777 59326734 59983498 37419 790 75973143 85154 908 59972412 17 368302 31124 318 23611 534 52146 411 5557106 271389 56539 Market value (NOK) 2 2 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 ING GroepNV ING Bank NV FinanceBVImperial Mobility HIT Finance BV Heineken NV Government oftheNetherlands Generali FinanceBV Enel FinanceInternationalNV Enbw InternationalFinanceBV E.ON InternationalFinanceBV Diageo FinanceBV Deutsche Telekom InternationalFinanceBV Deutsche Bahn FinanceBV Daimler InternationalFinanceBV Cooperatieve Centrale Raiffeisen-Boerenleenbank BA/Netherlands Coca-Cola HBCFinanceBV BMW FinanceNV Bayer CorpBV Capital BASF FinanceEuropeNV Bank NederlandseGemeenten ASML HoldingNV ArcelorMittal Allianz FinanceIIBV Allianz FinanceBV Aegon NV BVAdecco InternationalFinancialServices Achmea HypotheekbankNV Achmea BV ABN AMRO Bank NV Netherlands Petroleos Mexicanos Grupo Televisa SAB Government ofMexico America Movil SAB deCV Alpek SA deCV Mexico Sarawak InternationalInc Government ofMalaysia Mala TNK-BP FinanceSA Telecom FinanceSA Italia Telecom SA Capital Italia Schlumberger Investment SA Pentair FinanceSA Novartis FinanceSA NORD/LB G-MTNSA Nord/LB Covered FinanceBank SA Michelin Luxembourg SCS John DeereBank SA ITW FinanceEuropeSA Hypothekenbank Frankfurt InternationalSA Holcim USFinanceSarl&CieSCS Hannover FinanceLuxembourg SA Government ofLuxembourg Glencore FinanceEuropeSA Erste Europaeische Pfandbrief undKommunalkreditbank AG inLuxembourg Covidien InternationalFinanceSA ChemicalsFinanceLuxembourgCiba Specialty SA Luxembourg Government ofLithuania Lithuani ProPart Funding LP Heathrow Funding Ltd Jersey C.I. Sumitomo MitsuiBanking Corp Nippon Telegraph & Telephone Corp Japan FinanceOrganizationfor Municipalities Japan FinanceCorp Japan Bank for InternationalCooperation/Japan Government ofJapan Development Bank ofJapan Inc Dai-ichi Life InsuranceCoLtd/The Bank of Tokyo-Mitsubishi UFJ Ltd Jap Unipol Assicurazioni SpA Unione diBanche SCPA Italiane UniCredit SpA Telecom SpA Italia Region ofLombardy Italy Luxottica GroupSpA Lottomatica GroupSpA Intesa SanpaoloSpA Hera SpA Government ofItaly Eni SpA Enel SpA Edison SpA ofRome City Italy Banco Popolare SC Banca Popolare diMilanoScarl Banca MontedeiPaschi diSienaSpA an ysia 103 001 297766 24623936706 22568643 26535486957 3 007 425630 3007 336 5347006 2441653986 1367687558 1202995692 2866024885 1505587402 1160 965228 1433015 494 3215 128 418 2484747 443 1505111 081 500 223886 500 091099 500 330907990 348260707 305433523 661598404 788442395 305965450 188 426753 665553318 360198 491 130 570726 619 403479 165 366628 315 427665 134 830568 347612 027 136 421430 145 465687 260653412 292812 097 161 532034 360216 422 225949812 572619 823 601 628405 104 932789 165 726518 161 226125 120 262213 171 818 282 384074 722 763 476 655 141 138 815 118 251633 114 241956 114 699757 264012 415 402636174 125 110 260 53 721 300 53721300 68292048 84828956 86726466 40497472 87667443 96848479 30930862 31837849 80296633 64730028 38958572 41185 509 58092180 60414 778 27157 541 71138 462 53134 697 89717 249 17 639950 31301 594 44019 808 31749 771 74 506891 92339010 25559115 74 128 855 110 058 Market value (NOK) Government ofPeru Peru Westpac SecuritiesNZLtd Government ofNew Zealand Fonterra Cooperative GroupLtd Chorus Ltd BNZ InternationalFunding Ltd ANZ New ZealandInt’lLtd/New Zealand New Zealnd Wolters Kluwer NV ThyssenKrupp FinanceNederlandBV TenneT HoldingBV Telefonica EuropeBV SNS Bank NV Siemens Financieringsmaatschappij NV Shell InternationalFinanceBV Scotland InternationalFinanceNo2BV Schlumberger FinanceBV SABIC IBV Capital RWE FinanceBV Repsol InternationalFinanceBV Red ElectricadeEspanaFinanceBV PostNL NV NIBC Bank NV Nederlandse Waterschapsbank NV Lukoil InternationalFinanceBV LeasePlan CorpNV Lanxess FinanceBV Koninklijke KPNNV Koninklijke DSMNV KBC InternationaleFinancieringsmaatschappij NV AyT Cedulas Cajas VI Fondo de Titulizacion de Activos AyT Cedulas Cajas V Fondo de Titulizacion de Activos AyT Cedulas CajasIXFondo de Titulizacion Ayt CedulasCajasGlobal Autonomous of Community Valencia Autonomous ofMadridSpain Community Autonomous ofCatalonia Community Autonomous of Community Andalusia Spain Abertis Infraestructuras SA Sp SK Telecom CoLtd POSCO KT Corp Korea Railroad Corp Korea NationalOilCorp Korea Hydro &Nuclear Power CoLtd Korea FinanceCorp Korea ElectricPower Corp Korea East-West Power CoLtd Korea Development Bank/The Kia MotorsCorp Industrial Bank ofKorea Hyundai SteelCo GS Caltex Corp Government ofKorea Export-Import Bank ofKorea South K Government ofSouth Africa Eskom HoldingsSOCLtd South Africa Slovenska izvozna inrazvojna bankadd Government ofSlovenia Slo Government ofSlovakia Slo SP PowerAssets Ltd SingTel Group Treasury PteLtd Singapore Telecommunications Ltd PSA InternationalPteLtd Noble GroupLtd Government ofSingapore Sing Government ofRussian Federation Gazprom OAO Russia DiarFinanceQSC Qatari Government ofQatar Q Rede Ferroviaria NacionalREFEREP CP -ComboiosdePortugal EPE Caixa GeraldeDepositosSA Banco Santander Totta SA Banco EspiritoSantoSA Banco ComercialPortugues SA Banco BPISA Portug Government ofPoland Poland Government ofthePhilippines Philippines at ain venia vakia apore r al orea 20 731 785 005 20731785005 16 624290789 12 599674 852 2285821777 1429547280 5380908038 8484668455 1346853248 3895796898 1185 693227 200 208578 200 271963083 402847959 520224091 808458641 971626658 338491538 277758507 838954729 465657453 236549799 135 832 300 121 455 006 521718 567 141 784045 121 238444 150 853228 147 368228 913 437782 255533166 167 298269 159 834660 142 229562 319 708880 172 334954 373057517 107 247695 411 396 009 158 312 470 989197 619 125 694161 573139 612 152 762 961 483898012 412 762 735 440025674 117 547947 398430117 218 333119 130 638114 114 653376 117 170 641 254774 474 63 244 800 63244800 58498880 60932342 51364929 58026388 83333042 62496023 59524053 93462805 80737459 28923087 28156 996 41975514 30432319 89912 879 32132 439 88001 524 70766 404 35718 144 74 067 002 51330748 90859742 30074 959 66211 016 6513 648
Market value (NOK) 3 3 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 Bradford &Bingley PLC MarketsBP Capital PLC PLC BG EnergyCapital Barclays Bank PLC Bank ofScotland PLC Aviva PLC AstraZeneca PLC Anglo PLC American Capital Amlin PLC Abbey National Treasury PLC/London Services United Kingdom National Bank of Abu DhabiPJSC Government ofUnited Arab Emirates Abu DhabiNationalEnergyCo United ArabEmira Government of Turkey Turkey Petroleum Coof Trinidad & Tobago Ltd Trinid Thai OilPCL PTT PCL Government of Thailand Bank of Thailand Thailnd Government of Taiwan Taiw UBS AG Transocean Ltd Government ofSwitzerland Elsevier FinanceSA Credit Suisse/New York NY Credit SuisseGroup AG Credit Suisse AG ABB Ltd Switzerland Volvo Treasury AB Vattenfall AB TeliaSonera AB Swedish Covered Bond Corp Swedbank Hypotek AB Swedbank AB Svenska Handelsbanken AB Svenska Cellulosa AB Svensk Exportkredit AB Stadshypotek AB Skandinaviska EnskildaBanken AB Securitas AB SCA Finans AB Nordea Hypotek AB Nordea Bank AB Lansforsakringar Hypotek AB Lansforsakringar AB Kommuninvest ISverige AB Investor AB Government ofSweden Atlas Copco AB Sweden Xunta deGalicia Xunta Telefonica SA Telefonica EmisionesSAU ConsumerFinanceSASantander Repsol SA NCG Banco SA Montes dePiedadyCaja Ahorros deRonda Cadiz Almeria Malaga Antequera Liberbank SA Kutxabank SA Junta ComunidadesdeCastilla-LaMancha Instituto deCreditoOficial IM Cedulas9 Iberdrola FinanzasSAU Government ofSpain Cores Comunidad Autonoma delasIslasBaleares Comunidad Autonoma deCanarias Cedulas TDA Caja de Ahorros yMontedePiedadBaleares Caja de Ahorros deMurcia CaixaBank deCatalunyaCaixa d’Estalvis Tarragona iManresa Basque Government Bankinter SA Bankia SA Banco SA Santander Banco Popular EspanolSA Banco Pastor SA Banco Financieroyde Ahorros SA Banco EspanoldeCreditoSA Banco deSabadellSA Banco Cooperativo EspanolSA Banco Bilbao Vizcaya SAArgentaria AyT CedulasCajasXFondo de Titulizacion an ad ndToba go tes 16 775546295 12 628364461 13 896801 016 2053820859 3236779564 2273696283 7273586684 4959485428 7398022341 3925283202 1829539824 1789621962 5260704293 2889303909 5882454503 2770397989 1363345720 5370023240 6095355214 4712 631331 5395258512 3897106 854 3776 905427 2286824076 1154 704319 2132 514 938 1638311 041 2390171 159 2931254016 1740 657847 5574 765 202 1612 476 115 478455580 282827862 354065866 455946078 344359568 458472591 205441426 951 780 432 432 780 951 568050061 258431332 209235632 379896948 296318 061 189 038879 154 838448 640161 493 162 473031 169 892253 346126 230 129 895934 225171 775 172 932961 108 256286 812 339182 148 196 278 459154 316 457076 918 152 417 420 102 344143 767 270162 488144 014 174 943990 112 876 778 35 500 892 35500 90882624 59065853 40334934 38995756 77469331 38966957 24935759 29621857 22392207 43275489 42506790 66964248 60731180 32184 352 83120 514 28921074 97232748
Market value (NOK) Zurich FinanceUKPLC Yorkshire BuildingSociety WPP PLC Western Power DistributionEastMidlandsPLC Wessex Water FinancePLC Services Wales & West UtilitiesFinancePLC Vodafone GroupPLC United Utilities Water PLC United KingdomGovernment Unilever PLC Thames Water UtilitiesFinanceLtd Tesco PLC Tate &Lyle InternationalFinancePLC LifeStandard PLC CharteredPLC Standard CharteredBankStandard Stagecoach GroupPLC SSE PLC SPD FinanceUKPLC Southern GasNetworksPLC Southern ElectricPower DistributionPLC South EasternPower NetworksPLC ofLloyd’sSociety Smiths GroupPLC Singer &Friedlander Ltd Severn Trent UtilitiesFinancePLC Scottish Widows PLC Scottish Power Ltd Schlumberger Oilfield UKPLC SABMiller PLC Royal Bank ofScotlandPLC/The Royal Bank ofScotlandGroupPLC Rolls-Royce HoldingsPLC Rexam PLC Rentokil InitialPLC Reed Elsevier Investments PLC Principality BuildingSociety Pearson PLC Pearson Funding Four PLC Northern Rock Asset ManagementPLC Northern GasNetworksFinancePLC Next PLC Network Rail Infrastructure Ltd Nationwide BuildingSociety National Westminster Bank PLC National GridPLC OperationsGroupPLC Motability Marks &SpencerPLC London Stock Exchange GroupPLC London Power NetworksPLC Lloyds TSB Bank PLC Lehman BrothersHoldingsPLC Legal &GeneralGroupPLC Leeds BuildingSociety MarketsLand SecuritiesCapital PLC HotelsGroupPLC InterContinental HSBC HoldingsPLC HSBC Bank PLC HBOS PLC Hammerson PLC GlaxoSmithKline PLC GlaxoSmithKline PLC Capital G4S InternationalFinancePLC Friends Life GroupPLC ERB HellasPLC North Electricity West Ltd Eastern Power NetworksPLC PLC Diageo Capital Coventry BuildingSociety Clerical MedicalFinancePLC Centrica PLC BSKYB FinanceUKPLC British Telecommunications PLC BroadcastingGroupPLC British Sky Allergan Inc/UnitedStates Alabama Power Co Air Products &ChemicalsInc Agilent Technologies Inc LoanAFC HomeEquity Trust Aetna Inc Aegis Asset Backed Securities Trust Advance Auto Parts Inc ADT Corp/The ACE SecuritiesCorp ACE INAHoldingsInc Accredited MortgageLoan Trust ABN Amro MortgageCorp AbitibiBowater Inc/Old ABFS MortgageLoan Trust AbbVie Inc United St a tes 59783689351 1264442751 1057489802 1063039903 1694020189 8130 544364 1035001 604 2690385317 4454310 937 1618 109 245 1688049211 4162 125 748 547605708 847489395 204502258 260956569 678754694 261356229 523687278 309578687 259558753 480188 409 313 723363 121 546721 323140 047 151 540535 472682165 215 972255 341202165 195 534870 384196 778 223548712 166 939759 134 064447 324808917 325441764 258876 271 139 676 000 317 156 700 688196 178 171 737912 145 376 483 210 715 467 230747 798 207226749 118 642658 165 142 319 177 151 121 174 194 838 97 954 003 97954003 842 40200 90281800 53379004 44426540 95877809 63403468 89728089 35883467 61853224 25451755 54392908 32831502 94822060 87073802 75505530 71386233 96667241 33320852 49844389 88967478 22264202 49158 041 61199 503 80154 782 37391217 75334776 83510 245 35193 188 51101 960 78516 115 96113 314 40111 187 4883739 335815 100 790 176 735 3392 3669 575
25 Market value (NOK) 4 4 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 Chase Funding Mortgage Loan Asset-Backed Certificates Inc CenturyLink Centex HomeEquity CenterPoint EnergyResources Corp CenterPoint EnergyInc CenterPoint EnergyHoustonElectricLLC Centerline REIT Inc Cendant MortgageCorp Celgene Corp CC HoldingsGS V LLC CBS Corp CBA CommercialSmallBalance CommercialMortgage Caterpillar Inc Corp Caterpillar FinancialServices Carolina Power &LightCo Carlisle CosInc Cargill Inc Capmark FinancialGroupInc OneFinancialCorp Capital OneBankCapital USA NA SchweppesCadbury USFinanceLLC FeBurlington NorthernSanta LLC BP AMI Leasing Inc Bottling GroupLLC Boston Properties LP Bombardier MortgageSecuritizationCorp Capital BNC MortgageLoan Trust Biogen IdecInc BFC Trust Best Buy CoInc Berkshire Hathaway Inc Berkshire Hathaway FinanceCorp Bemis CoInc BellSouth Telecommunications Inc BellSouth Corp Becton Dickinson andCo Bear StearnsCosLLC/The Bear StearnsCommercialMortgageInc Bear Stearns Asset Backed Securities Trust Bear Stearns Adjustable Rate Mortgage Trust Beam Inc Bayview Financial Asset Trust Bayview Financial Acquisition Trust Bayview Commercial Asset Trust Baxter InternationalInc Bank ofNew York MellonCorp/The Bank of America-First UnionNBCommercialMortgage Bank of America NA Bank of America Corp Banc of America MortgageSecuritiesInc Banc of America Merrill Lynch Commercial MortgageInc Banc of America LargeLoan Inc Banc of America Funding Corp Banc of America Alternative Loan Trust Baltimore Gas&ElectricCo Baker HughesInc HoldingsLtd Axis Capital Aviation Group Capital Trust AutoZone Inc AT&T LLC Mobility AT&T Inc Assurant Inc Asset Backed Funding Certificates Argent SecuritiesInc Arden RealtyLP Archer-Daniels-Midland Co Appalachian Power Co Apache Corp Aon PLC Anheuser-Busch InBev Worldwide Inc Anheuser-Busch CosInc Anadarko Petroleum Corp Amphenol Corp Amgen Inc AmerisourceBergen Corp Ameriquest MortgageSecuritiesInc American Water Corp Capital American Tower Corp American InternationalGroupInc American HondaFinanceCorp American HomeMortgageInvestment Trust American ExpressCreditCorp American ExpressCo American ExpressCenturion Bank American ExpressBank FSB Ameren IllinoisCo Ameren Corp Amazon.com Inc Alltel Corp LifeAllstate InsuranceCo Corp/TheAllstate 1709932227 1373668699 1100 593329 3517 211 818 289485504 663721572 371028699 439641751 444679899 398546428 206281556 655821204 187 360008 220124 907 124 380703 325168 835 144 786907 147 272770 140 295445 940677915 153 333821 175 496724 271502760 280876 596 150 316 005 168 395166 412 247161 136 953197 155 381914 155 163 041 811 692302 142 073171 131 050761 193 768 864 400 010 400 697 195 014 427 167 707746 116 728916 130 744 514 110 169 482 274 617 815 117 814 413 69 700 360 69700 54737200 57392497 46224236 50650250 37691286 97326932 57244551 48066755 60058564 24853440 43532682 79278277 20587409 52602972 30303538 30462134 93146 502 12 203840 59196 451 61569163 12 326553 76 973627 19 999126 52493019 10 807194 53474 545 48974 029 67249742 46228674 28106 012 2661027 8927991 5354643 3961086 3704162 6454516 4527154 4917 265 3376 598 7108 963 777027 696733 406103 234911 85703 38270
179 Market value 2 (NOK) Estee LauderCosInc/The ERP OperatingLP ERAC USA Finance LLC Equifax Inc EQT Corp EOG Resources Inc Enterprise Products OperatingLLC Entergy Louisiana LLC LouisianaEntergy GulfStates LLC Entergy Corp Entergy Arkansas Inc Energy Transfer Partners LP Emerson ElectricCo Embarq Corp Ellington Loan Acquisition Trust Eli Lilly&Co EI duPont deNemours&Co Ecolab Inc eBay Inc Eastman ChemicalCo Duke EnergyOhioInc Duke EnergyIndianaInc Duke EnergyCorp Duke EnergyCarolinasLLC DTE EnergyCo Dow ChemicalCo/The Dominion Resources Inc/VA DLJ CommercialMortgageCorp Discovery CommunicationsLLC DIRECTV HoldingsLLC Diageo Investment Corp Devon EnergyCorp Deutsche Postbank Funding Trust IV Deutsche Mortgage& Asset Receiving Corp Deutsche ALT-A SecuritiesInc Alternate Loan Trust DENTSPLY InternationalInc Dell Inc Deere &Co DCP MidstreamLLC Dayton Power &LightCo/The Darden RestaurantsInc Danaher Corp Daimler North America Corp Daimler FinanceNorth America LLC CVS CaremarkCorp CSX Corp CRH America Inc Credit-Based andSecuritizationLLC Asset Servicing Credit SuisseUSA Inc Credit SuisseFirstBoston MortgageSecuritiesCorp CR Bard Inc COX CommunicationsInc HomeLoan MortgagePassCountrywide Through Trust Asset-BackedCountrywide Certificates AlternativeCountrywide Loan Trust ManufacturedCountryplace HousingContract Trust Costco Wholesale Corp Corning Inc Cooper USInc Con-way Inc Constellation EnergyGroupInc Consolidated EdisonCoofNew York Inc Conseco FinancialCorp ConocoPhillips Connecticut Light&Power Co/The ConAgra Foods Inc Computer SciencesCorp Commonwealth EdisonCo Commercial MortgagePass Through Certificates Commercial MortgageLoan Trust Commercial Mortgage Asset Trust Comcast Corp Comcast CableHoldingsLLC Comcast CableCommunicationsHoldingsInc Colonial Bank/Montgomery AL Coca-Cola Refreshments USA Inc Coca-Cola Co/The Clorox Co/The Cleveland ElectricIlluminatingCo/The Citigroup/Deutsche Bank CommercialMortgage Trust Citigroup MortgageLoan Trust Inc Citigroup Inc Citigroup CommercialMortgage Trust Citicorp MortgageSecuritiesInc CIT GroupSecuritizationCorp/The Cisco Systems Inc CorpNo2 Cintas Church &DwightCoInc Chubb Corp/The Chevron Corp Chase MortgageFinanceCorp 1 264 008 077 1264008 3609688531 1130 895094 1087513 771 256 900 556 256900 223297397 325388506 426625051 234806250 449246597 384372092 229542978 224540063 330036355 205639593 381998073 777034020 346393807 207369052 224387437 286 900 619 286900 181 633390 189 020648 148 905558 138 225797 227333713 134 293323 537121 038 306190 399 563545134 127 239730 130 021404 192 690489 268304170 171 327242 183 470189 109 969284 210 651431 127 147 996 144 705501 501 159 327 134 234976 442474 384 176 648802 176 596624 119 850 006 561177 401 115 804919 126 984115 111 982755 24558773 42933395 84830396 61779599 30682560 83968841 65022966 44384360 58203861 78991452 61837385 54355329 63636389 33486406 87451964 32632230 55986930 27880685 83808307 46678791 24306585 19 902536 19 729568 60157 233 52378812 44930512 92736001 32165 159 38245311 41914 115 4309492 3592358 8784393 8557633 3378293 1668940 4516 965 4163 256 5474 038 47221 2963 Market value (NOK) 5 5 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 KBC Bank Funding Trust III JPMorgan Chase&Co JP MorganMortgage Trust JP MorganMortgage Acquisition Corp JP MorganChaseCommercialMortgageSecuritiesCorp JP Morgan Alternative Loan Trust Johnson Controls Inc John Corp Deere Capital Jersey CentralPower &LightCo IXIS RealCapital Estate Trust ITC Holdings Corp Corp Home Equity Irwin Intuit Inc International Paper Co International BusinessMachines Corp Intel Corp Ingredion Inc Indymac Residential Asset Backed Trust Indymac Index MortgageLoan Trust Indiana Michigan Power Co IMPAC MortgageHoldingsInc Impac Funding Corp IDEX Corp Hyundai Capital America HSI Asset Securitization Corp Trust HSBC FinanceCorp Properties Hospitality Trust Hospira Inc Hometown CommercialMortgage Mortgage Home Equity Trust Home Equity Asset Trust Home DepotInc/The HJ HeinzFinanceCo HJ HeinzCo Historic TW Inc Hewlett-Packard Co Hess Corp Corp Health CareService Health CareREIT Inc Hasbro Inc GroupInc Hartford FinancialServices Harris Corp MortgageLoanHarborview Trust Halliburton Co GSRPM MortgageLoan Trust GSR MortgageLoan Trust GSMPS MortgageLoan Trust GSAMP Trust GSAA Trust GS MortgageSecuritiesCorpII Greenwich CommercialFunding Capital Corp Great River Energy Government of ofUnitedStates America Google Inc Goldman Sachs GroupInc/The GMAC MortgageCorpLoan Trust Glencore Funding LLC Gilead SciencesInc G-Force LLC Gerdau HoldingsInc Georgia Power Co Genworth Life InsuranceCo General MillsInc General ElectricCo Corp General ElectricCapital General American Life InsuranceCo Genentech Inc CommercialMortgageCorp GE Capital GE BusinessLoan Trust Fremont HomeLoan Trust Foster’s FinanceCorp Flowserve Corp Flowers Foods Inc Florida Power Corp Florida Power &LightCo Loan HomeEquity Flagstar Trust Inc Fiserv FirstEnergy SolutionsCorp FirstEnergy Corp First UnionNationalBank-Bank of America CommercialMortgage Trust First Horizon Asset SecuritiesInc First Horizon Alternative MortgageSecurities First Franklin MortgageLoan Asset Backed Certificates Fiat FinanceNorth America Inc FFCA SecuredLending Corp FedEx Corp Federal Agricultural MortgageCorp Express ScriptsHoldingCo Exelon GenerationCoLLC Exelon Corp Estee LauderInc 323982891614 1636681738 2571718 833 2610 898102 455507052 223686257 857348879 728093831 307673996 225933867 222458231 420985230 436449756 490508946 182 554999 152 238489 132 382595 125 702456 261452316 160 853495 129 606088 846156 788 619 868046 178 409735 172 877896 476 759603 232282762 211 681052 126 810 554 746 075256 360246101 115 264338 146 766 155 152 186 741 115 133 011 29 300 990 29300 41588006 78968705 21055895 25081579 65558262 78583275 95544321 63482930 62546342 91737634 35647940 37693879 55750323 66438264 48959361 26357929 60756184 62557121 20444216 78034716 59914 029 30912 833 29709160 90030914 45195 541 94231815 38001 242 17 733365 30560610 71825763 10 333690 16 375140 17 834189 11 405259 13 767 682 26883112 53112 571 11 317 693 8589824 3756954 1521370 8567375 5570180 1690714 7657190 4352155 5237142 4523712 854492 967368 306734 155 584 210 517 38345 1292 Market value (NOK) Oakwood MortgageInvestors Inc Pipeline Operating PartnershipNuStar LP LogisticsNuStar LP NSTAR LLC NSTAR Electric Co Novastar Loan Home Equity Novartis Corp Capital PowerNorthern States Co/MN Norfolk Southern Corp Nordstrom Inc Nisource FinanceCorp Niagara Mohawk Power Corp NextEra HoldingsInc EnergyCapital News America Inc News America HoldingsInc Newmont MiningCorp NewMarket Corp New York Life Insurance Co LoanNew HomeEquity Century Trust Nevada Power Co NetApp Inc NBCUniversal MediaLLC Nationwide Mutual InsuranceCo Nationwide HealthProperties Inc National Rural UtilitiesCooperative FinanceCorp National Oilwell Varco Inc National Fuel GasCo National Archives Facility Trust NASDAQ OMXGroupInc/The Nabors IndustriesInc Multi Security Asset Trust MSDWCC Heloc Trust Motors LiquidationCoGUC Trust Motorola SolutionsInc Morgan StanleyMortgageLoan Trust Morgan StanleyIXISRealCapital Estate Trust LoanMorgan StanleyHomeEquity Trust IInc Morgan StanleyCapital Morgan Stanley I ABS Capital Morgan Stanley Mondelez InternationalInc Molson CoorsInternationalLP Mid-State Trust Midamerican Funding LLC MidAmerican EnergyHoldingsCo MidAmerican EnergyCo Microsoft Corp Michigan Bell Telephone Co LifeMetropolitan InsuranceCo MetLife Inc Merrill Lynch/Countrywide CommercialMortgage Trust Merrill Lynch Mortgage Trust Merrill Lynch MortgageInvestors Inc Merrill Lynch &CoInc Merck &CoInc Mellon Residential Funding Corp Medtronic Inc Medco HealthSolutionsInc McKesson Corp McGraw-Hill CosInc/The McDonald’s Corp Maxim IntegratedProducts Inc Mattel Inc Mastr Specialized Loan Trust MASTR Asset Securitization Trust Mastr Asset Backed Securities Trust Mastr Adjustable Rate Mortgages Trust Massachusetts ElectricCo Marriott InternationalInc/DE Marathon OilCorp MAPFRE USA Corp/MA Magellan MidstreamPartners LP Luminent Mortgage Trust Lubrizol Corp Lowe’s CosInc Lincoln NationalCorp Life Technologies Corp MutualLiberty GroupInc Lexmark InternationalInc Lehman XS Trust Lehman BrothersHoldingsInc LB-UBS CommercialMortgage Trust LB CommercialConduitMortgage Trust Corpof America Holdings Laboratory Kroger Co/The Kraft Foods GroupInc Kohl’s Corp Kinder MorganEnergyPartners LP KeyCorp Kerr-McGee Corp Kellogg Co 1110 560567 263 436 600 263436600 491279330 655488659 228788364 252991686 343758252 866350356 223444061 694222383 363587535 498027090 402456425 329038796 187 437583 333224215 194 486573 222145 256 163 775704 140 338279 975826763 134 707816 419 566916 415 136 330 413 191 542 325611 849 476 315 551 146 501 494 168 054201 247674 522 116 735377 458011 261 111 549755 98 898 600 98898600 71291425 33665630 85455091 91362233 63642805 45862543 33970097 36221966 56561057 23735830 83225283 21340236 28230041 26461272 50030475 32609639 63564824 32609360 62997604 45637295 28659649 18 364972 31181 326 22991150 43435129 97578716 27158 978 72216 261 39819 271 44168 246 15 440540 24419 575 19 644956 22617 373 62387310 35901 368 40762 304 61776 090 25718 712 16 146 067 29121 914 56505774 76 211 634 65114 419 65014 611 1 002 970 1002 4335264 5427256 1251994 6050882 9655633 5940965 6128 796 2169 605 212 497 542
45 Market value (NOK) 6 6 Government pension fund global ANNUAL REPORT 2012 Holdings Country association accordingtoFTSE(thebenchmarkCountry provider for equities).Ifacompany isnotinthe benchmark, ofincorporation islisted. thecountry Government Pension Fund Global Holdings of bonds at 31 December 2012 Symantec Corp Swiss Re Treasury USCorp Sunoco Logistics Partners Operations LP Sunoco Inc Structured Asset SecuritiesCorp Structured Asset Receivables Trust Structured Asset MortgageInvestments Inc Structured Asset Investment Loan Trust Structured Adjustable Rate Mortgage Loan Trust LLC Spectra EnergyCapital &Residential Finance Underwriting Specialty Southwestern ElectricPower Co Southwest Airlines Co Southern Power Co Southern California EdisonCo Soundview Loan HomeEquity Trust Simon PropertyGroupLP SG MortgageSecurities Trust Sequoia Mortgage Trust Sempra Energy SBI Heloc Trust Saxon Asset Securities Trust San DiegoGas&ElectricCo Samsung Electronics America Inc Safeway Inc SABMiller HoldingsInc RR Donnelley &SonsCo RPM InternationalInc Roper IndustriesInc Rohm &HaasCo Roche HoldingsInc RFSC Trust RFMSI Trust Residential Funding MortgageSecuritiesIIHomeLoan Trust Residential Asset Securitization Trust Inc Republic Services Renaissance Loan HomeEquity Trust Reliance Steel& Aluminum Co Reliance HoldingsUSA Inc Regency CentersLP Realty IncomeCorp RASC Trust RAMP Trust RALI Trust RAAC Series Puget SoundEnergyInc NewPublic HampshireFunding Service LLC Electric&GasCo Public Service CoofColorado Public Service PSEG Power LLC Prudential FinancialInc Progress EnergyInc Private ExportFunding Corp Inc Principal FinancialServices Principal FinancialGroupInc Precision CastpartsCorp Praxair Inc PPL EnergySupplyLLC PPL ElectricUtilitiesCorp PPG IndustriesInc Popular ABS MortgagePass-Through Trust Plum Creek Timberlands LP Plains All American PipelineLP Pitney Bowes Inc Phillips 66 Pharmacia Corp Pfizer Inc Petrohawk EnergyCorp PepsiCo Inc Pepsi Bottling GroupInc/The People’s FinancialRealtyMortgageSecurities Trust Pennsylvania ElectricCo Pemex Project Funding Master Trust Peco EnergyCo Parker HannifinCorp Pall Corp PacifiCorp Pacific LifeCorp Pacific Gas&ElectricCo Owens Corning Origen Manufactured Housing O’Reilly Automotive Inc Oracle Corp Option OneMortgageLoan Trust ONEOK Partners LP ONEOK Inc CoLLC Oncor ElectricDelivery Omnicom GroupInc Ohio Power Co Oglethorpe Power Corp PetroleumOccidental Corp 288 647 900 288647900 034 361005 640 558500 258057400 367731049 577798931 249307640 202843279 371079729 357034737 478436020 326270432 855607705 220367788 532066583 542285393 283377180 178 462 007 164 454437 257614 996 143 548757 127 660849 134 067482 490915 040 758813 264 398056715 455608619 283762 966 222432103 100 481148 275912 601 156 139 126 250814 019 118 421916 106 112 167 96 231 700 96231700 32995007 37906495 81869682 22532936 66895455 33233457 62649052 70471065 34703571 58789731 31609452 92638997 60358905 40521624 44290423 31646661 15 061006 18 831363 68188 599 61603125 43123 493 60129 046 39912 344 71147 962 50242142 28617 045 76 353304 37764 955 58901 338 99310 406 11 535308 25679013 74 947072 74 626441 31017 068 92101 432 34315 811 15 721745 60747 711 7505870 5424467 5045877 2771181 3813 422 4769 271 6704102 1311 826 663 007 663007 392963 162 920 810 605 183 127 119 736 69896 19 185 Market value (NOK) Zurich FinanceUSA Inc Zimmer HoldingsInc Yum! BrandsInc Yale MortgageLoan Trust Xerox Corp Xcel EnergyInc Wyeth LLC WM Covered Bond Program North Willis America Inc PartnersWilliams LP Western UnionCo/The Wells Fargo MortgageBacked Securities Trust Wells Fargo HomeEquity Trust Wells Fargo Bank NA Wells Fargo &Co WellPoint Inc Weatherford InternationalLtd/Switzerland Weatherford InternationalInc Watson PharmaceuticalsInc Waste ManagementInc Washington Mutual MSCMortgagePass-Through CTFS Washington Mutual Inc Washington Mutual Asset-Backed Certificates Washington Mutual Alternative MortgagePass-Through Certificates WaMu MortgagePass Through Certificates WAMU Asset-Backed Certificates Walt Disney Co/The Wachovia Bank CommercialMortgage Trust Virginia ElectricandPower Co Viacom Inc Verizon LLC Capital Wireless Verizon New York Inc Verizon CommunicationsInc Valero EnergyCorp US Bancorp UnitedHealth GroupInc United Technologies Corp Inc United Parcel Service Union Pacific Corp Union ElectricCo Unilever Corp Capital Tyson Foods Inc Travelers CosInc/The Travelers Co CommercialCasualty Toyota MotorCreditCorp Tosco Corp Toll BrothersFinanceCorp Toledo EdisonCo/The TJX CosInc Time Warner Inc Time Warner CoLP Entertainment Time Warner CableInc TIAA SeasonedCommercialMortgage Trust Thermo FisherScientificInc Terwin Mortgage Trust Tennessee Valley Authority Ltd TE Connectivity TCI CommunicationsInc Target Corp World Bank North American Development Bank Nordic Investment Bank International FinanceFacilityfor Immunisation Inter-American Development Bank European Union European Investment Bank Facility European FinancialStability Eurofima Council OfEuropeDevelopment Bank Corp Andina deFomento African Development Bank Interna tional Org anis tions 17 931634070 1709305273 1550485719 1308149 277 1381813 094 1 002 193 1002 318 3597275015 1342636674 6218 139 416 279885556 651658350 359968858 234661624 334905673 259671354 323628756 223840462 404986971 973332596 720708824 422550782 379340528 525643390 473057535 218 642975 147 492987 430785190 273815 540 124 573709 349126 203 175 529036 106 464062 446768 485 282810 821 226876 835 421127 184 149 165 956 127 616 927 163 715 446 194 169 272 283816 134 176 073835 127 211 264 112 456361 114 139 033 103 115 602 119 799018 30067833 55966063 68366499 62264663 29890 64072959 35403428 30482251 33918 950 54180 978 61338159 60166 814 75311 838 18 152 219 40176 907 19 105 183 10 517 149 2389539 8383482 6342675 4916 263 1574 441 199 621
314 Market value (NOK) 7 7 Government pension fund global ANNUAL REPORT 2012 Holdings