Preliminary results - 12 months ended 31 December 2005
Minority interest in life and related businesses' EEV results
| 2005 | 2004 | ||||
|---|---|---|---|---|---|
| Shareholders’ interest £m |
Minority interest £m | Group £m |
Group £m |
||
| New business contribution before effect of required capital | 652 | 156 | 808 | 706 | |
| Effect of required capital | (160) | (36) | (196) | (190) | |
| New business contribution including effect of required capital | 492 | 120 | 612 | 516 | |
| Life EEV operating return before tax | 1,598 | 216 | 1,814 | 1,611 | |
| Life EEV return before tax | 3,456 | 240 | 3,696 | 1,794 | |
| Attributed tax | (1,065) | (80) | (1,145) | (548) | |
| Life EEV return after tax | 2,391 | 160 | 2,551 | 1,246 | |
| Closing life and related businesses’ embedded value | 14,113 | 1,000 | 15,113 | 13,014 |
