Preliminary results - 12 months ended 31 December 2005

As at 31 December 2005

	Life and related businesses 2005 £m	General business and other 2005 £m	Group 2005 £m	Life and related businesses 2004 £m	General business and other 2004 £m	Group 2004 £m
The analysis between the Group's and the minority interest's share of the additional value of in–force long–term business is as follows:
Total assets before acquired additional value of in–force long–term business	224,453	38,679	263,132	205,498	33,441	238,939
Acquired additional value of in–force long– term business	315	–	315	364	–	364

Total assets included in the statutory IFRS balance sheet	224,768	38,679	263,447	205,862	33,441	239,303

Liabilities of the long–term business	(215,624)	–	(215,624)	(197,054)	–	(197,054)
Liabilities of the general insurance and other businesses	–	(36,731)	(36,731)	–	(33,256)	(33,256)
Net assets on a statutory IFRS basis	9,144	1,948	11,092	8,808	185	8,993

Additional value of in–force long–term business¹	6,454	–	6,454	5,018	–	5,018

Net assets on an EEV basis²	15,598	1,948	17,546	13,826	185	14,011

Equity capital, capital reserves, shares held by employee trusts and other reserves			5,871			5,184
IFRS basis retained earnings			2,597			1,709
Additional EEV basis retained profit			6,431			4,768
Equity attributable to ordinary shareholders of Aviva plc on an EEV basis			14,899			11,661
Preference share capital and direct capital instrument			1,190			1,190
Minority interests			1,457			1,160

EEV basis total equity			17,546			14,011

	2005 £m	2004 £m	Movement in the year £m
Group’s share included in shareholders' funds	6,431	4,768	1,663
Minority interest share	329	250	79
Movement in AFS securities	(306)	–	(306)
Balance at 31 December	6,454	5,018	1,436
Analysis of net assets on an EEV basis is made up as follows:

	2005 £m	2004 £m
The value of the Aviva Pension Scheme deficit has been notionally allocated between segments, based on current funding and the UK Life proportion has been included within the long–term business net assets on an EEV basis.
Long–term business net assets on an EEV basis	15,598	13,826

Comprises:
Embedded value	15,113	13,014
RBSG goodwill	217	217
Goodwill allocated to long–term business	631	595
Notional allocation of IAS 19 pension fund deficit to long–term business³	(363)	–
Long–term business net assets on an EEV basis	15,598	13,826

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