Minority interest in life and related businesses EEV results
| 6 months to 30 June 2005 | Full year 2004 | ||||
|---|---|---|---|---|---|
| Shareholders’
interest £m |
Minority
interest £m |
Group £m |
Group £m |
||
| New business contribution before effect of required capital | 316 | 77 | 393 | 706 | |
| Effect of required capital | (88) | (19) | (107) | (190) | |
| New business contribution including effect of required capital | 228 | 58 | 286 | 516 | |
| Life EEV operating return before tax | 759 | 98 | 857 | 1,611 | |
| Life EEV return before tax | 939 | 106 | 1,045 | 1,794 | |
| Attributed tax | (295) | (36) | (331) | (548) | |
| Life EEV return after tax | 644 | 70 | 714 | 1,246 | |
| Closing life and related businesses embedded value | 12,086 | 903 | 12,989 | 13,014 | |
