Minority interest in life and related businesses EEV results
| 2004 | Restated* 2003 |
||||
|---|---|---|---|---|---|
| Shareholders’ interest £m |
Minority interest £m |
Group £m |
Group £m |
||
| New business contribution before effect of required capital | 585 | 121 | 706 | 646 | |
| Effect of required capital | (163) | (27) | (190) | (172) | |
| New business contribution including effect of required capital | 422 | 94 | 516 | 474 | |
| Life EEV operating return before tax | 1,425 | 186 | 1,611 | 1,496 | |
| Life EEV return before tax | 1,592 | 202 | 1,794 | 2,137 | |
| Attributed tax | (479) | (69) | (548) | (632) | |
| Life EEV return after tax | 1,113 | 133 | 1,246 | 1,505 | |
| Closing life and related businesses embedded value | 12,218 | 796 | 13,014 | 11,751 | |
| * Restated for the effect of implementing European Embedded Value principles. | |||||
