Experience variances
Experience variances include the impact of the difference between expense, demographic and persistency assumptions, and actual experience incurred in the year. Also included are variances arising from tax, where such variances are due to management action.
| 6 months 2005 £m |
Restated* 6 months 2004 £m |
Full year 2004 £m |
|
|---|---|---|---|
| United Kingdom | (30) | (19) | (81) |
| France | 18 | 2 | 22 |
| Netherlands (including Belgium and Luxembourg) | (13) | (1) | 12 |
| Europe | (7) | 5 | 23 |
| International | 1 | (7) | 9 |
| (31) | (20) | (15) | |
| * Restated for the effect of implementing European Embedded Value Principles. | |||
