Interim results for 6 months ended 30 June 2006
Summarised consolidated statement of recognised income and expense – IFRS basis
For the six months ended 30 June 2006
| 6 months 2006 €m |
6 months 2006 £m |
6 months 2005 £m |
Full year 2005 £m |
|
|---|---|---|---|---|
| (234) | Fair value (losses)/gains on AFS securities, owner-occupied properties and hedging instruments | (159) | (79) | (52) |
| (6) | Fair value (losses)/gains transferred to profit | (4) | 74 | 411 |
| – | Impairment losses on revalued assets | – | – | (45) |
| 696 | Actuarial gains/(losses) on pension schemes | 473 | (46) | (547) |
| (15) | Foreign exchange rate movements | (10) | (265) | (2) |
| – | Share of fair value changes in joint ventures and associates taken to equity | – | 4 | 2 |
| 3 | Aggregate tax effect – policyholder tax | 2 | – | 3 |
| (156) | Aggregate tax effect – shareholder tax | (106) | 18 | 272 |
| 288 | Net income recognised directly in equity | 196 | (294) | 42 |
| 1,366 | Profit for the period | 929 | 817 | 1,898 |
| 1,654 | Total recognised income and expense for the period | 1,125 | 523 | 1,940 |
| Attributable to: | ||||
| 1,544 | Equity shareholders of Aviva plc | 1,050 | 502 | 1,827 |
| 110 | Minority interests | 75 | 21 | 113 |
| 1,654 | 1,125 | 523 | 1,940 |
Summarised reconciliation of movements in consolidated shareholders’ funds – IFRS basis
For the six months ended 30 June 2006
| 6 months 2006 €m |
6 months 2006 £m |
6 months 2005 £m |
Full year 2005 £m |
|
|---|---|---|---|---|
| 16,075 | Balance at 1 January | 11,092 | 8,993 | 8,993 |
| 1,630 | Total recognised income and expense for the period | 1,125 | 523 | 1,940 |
| (619) | Dividends and appropriations (note 15) | (427) | (373) | (657) |
| – | Issue of share capital for the acquisition of RAC plc | – | 530 | 530 |
| 68 | Other issues of share capital, net of transaction costs | 47 | 27 | 59 |
| 112 | Shares issued in lieu of dividends | 77 | 12 | 100 |
| 51 | Capital contributions from minority shareholders | 35 | 93 | 212 |
| (83) | Minority share of dividends declared in the period | (57) | (36) | (70) |
| 324 | Minority interest in acquired/(disposed) subsidiaries | 223 | – | (36) |
| 7 | Reserves credit for equity compensation plans | 5 | 2 | 22 |
| – | Other movements | – | – | (1) |
| 17,565 | Total equity | 12,120 | 9,771 | 11,092 |
| (2,034) | Minority interests | (1,404) | (988) | (1,128) |
| 15,531 | Balance at 30 June/31 December | 10,716 | 8,783 | 9,964 |
