Preliminary results - 12 months ended 31 December 2005
Summarised consolidated income statement – EEV basis
For the year ended 31 December 2005
| 2005 €m |
2005 £m |
2004 £m |
|
|---|---|---|---|
| Operating profit before tax attributable to shareholders' profits |
|||
All profit is from continuing operations.
|
|||
| 2,668 | Life EEV operating return | 1,814 | 1,611 |
| 75 | Fund management1 | 51 | 20 |
| 2,281 | General insurance and health | 1,551 | 1,259 |
| Other: | |||
| 88 | Other operations2 | 60 | (41) |
| (200) | Corporate costs | (136) | (188) |
| (641) | Unallocated interest charges | (436) | (437) |
| 4,271 | Operating profit before tax attributable to shareholders' profits |
2,904 | 2,224 |
| Adjusted for the following: | |||
| (63) | Impairment of goodwill | (43) | (41) |
| (31) | Amortisation and impairment of acquired value of in–force business and intangibles | (21) | (3) |
| – | Financial Services Compensation Scheme and other levies | – | (49) |
| 4,124 | Variation from longer–term investment return | 2,805 | 662 |
| (597) | Effect of economic assumption changes | (406) | (318) |
| 225 | Profit on the disposal of subsidiaries and associates | 153 | 34 |
| (160) | Integration costs | (109) | – |
| – | Exceptional costs for termination of operations | – | (40) |
| 7,769 | Profit before tax | 5,283 | 2,469 |
| (1,363) | Tax on operating profit | (927) | (618) |
| (991) | Tax on other activities | (674) | (32) |
| 5,415 | Profit for the year | 3,682 | 1,819 |
| Attributable to: | |||
| 5,103 | Equity shareholders of Aviva plc | 3,470 | 1,641 |
| 312 | Minority interests | 212 | 178 |
| 5,415 | 3,682 | 1,819 | |
