EEV basis - new business contribution after the effect of required capital, tax and minority interest
| Annual premium equivalent1 |
Present value of new business premiums | New business contribution2 |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| 6 months 2005 £m |
Restated* 6 months 2004 £m |
6 months
2005 £m |
6 months 2004 £m |
6 months 2005 £m |
Restated* 6 months 2004 £m |
||||
| Analysed between: | |||||||||
| 197 | 154 | 1,678 | 1,263 | 42 | 35 | ||||
| – Other distribution channels | 955 | 948 | 7,597 | 7,288 | 116 | 111 | |||
| Total | 1,152 | 1,102 | 9,275 | 8,551 | 158 | 146 | |||
| 1 APE has been restated to include NUER volumes. | |||||||||
| 2 Contribution stated after deducting the effect of required capital, tax and minority interests. | |||||||||
| * Restated for the effect of implementing European Embedded Value Principles. | |||||||||