Preliminary results - 12 months ended 31 December 2005
Summarised consolidated balance sheet – IFRS basis
As at 31 December 2005
| 2005 €m |
2005 £m |
2004 £m |
|
|---|---|---|---|
| Assets | |||
| 3,296 | Goodwill | 2,274 | 1,184 |
| 1,164 | Acquired value of in-force business and intangible assets | 803 | 516 |
| 3,086 | Investments in joint ventures | 2,129 | 1,255 |
| 1,283 | Investments in associates | 885 | 873 |
| 1,283 | Property and equipment | 885 | 812 |
| 19,239 | Investment property | 13,275 | 11,057 |
| 35,571 | Loans | 24,544 | 22,055 |
| Financial investments | |||
| 150,604 | Debt securities | 103,917 | 98,719 |
| 75,426 | Equity securities | 52,044 | 47,291 |
| 38,300 | Other investments | 26,427 | 20,346 |
| 10,333 | Reinsurance assets | 7,130 | 8,503 |
| 1,475 | Deferred tax assets | 1,018 | 908 |
| 126 | Current tax assets | 87 | - |
| 11,168 | Receivables and other financial assets | 7,706 | 7,509 |
| 5,458 | Deferred acquisition costs and other assets | 3,766 | 3,189 |
| 3,425 | Prepayments and accrued income | 2,363 | 2,307 |
| 19,900 | Cash and cash equivalents | 13,732 | 12,779 |
| 670 | Assets of operations classified as held for sale | 462 | - |
| 381,807 | Total assets | 263,447 | 239,303 |
| Equity | |||
| 868 | Ordinary share capital | 599 | 570 |
| 6,432 | Capital reserves | 4,438 | 3,878 |
| 1,652 | Other reserves | 1,140 | 736 |
| 3,764 | Retained earnings | 2,597 | 1,709 |
| 12,716 | Equity attributable to ordinary shareholders of Aviva plc | 8,774 | 6,893 |
| 1,725 | Preference share capital and direct capital instrument | 1,190 | 1,190 |
| 1,634 | Minority interests | 1,128 | 910 |
| 16,075 | Total equity | 11,092 | 8,993 |
| Liabilities | |||
| 192,177 | Gross insurance liabilities | 132,602 | 124,122 |
| 112,042 | Gross liability for investment contracts | 77,309 | 69,555 |
| 13,012 | Unallocated divisible surplus | 8,978 | 7,549 |
| 4,546 | Net asset value attributable to unitholders | 3,137 | 2,247 |
| 4,167 | Provisions | 2,875 | 2,125 |
| 3,562 | Deferred tax liabilities | 2,458 | 1,543 |
| 1,497 | Current tax liabilities | 1,033 | 922 |
| 15,961 | Borrowings | 11,013 | 10,090 |
| 13,746 | Payables and other financial liabilities | 9,485 | 7,240 |
| 4,812 | Other liabilities | 3,320 | 4,917 |
| 210 | Liabilities of operations classified as held for sale | 145 | - |
| 365,732 | Total liabilities | 252,355 | 230,310 |
| 381,807 | Total equity and liabilities | 263,447 | 239,303 |
