Preliminary results - 12 months ended 31 December 2006 01 March 2007
Summarised consolidated income statement – EEV basis
For the year ended 31 December 2006
| 2006 €m | 2006 £m | 2005 £m | |
|---|---|---|---|
| Operating profit before tax attributable to shareholders' profits | |||
| 2,990 | Life EEV operating return | 2,033 | 1,814 |
| 141 | Fund management1 | 96 | 83 |
| 2,471 | General insurance and health | 1,680 | 1,551 |
| Other: | |||
| (35) | Other operations2 | (23) | 28 |
| (235) | Corporate costs | (160) | (136) |
| (560) | Unallocated interest charges | (381) | (436) |
| 4,772 | Operating profit before tax attributable to shareholders' profits | 3,245 | 2,904 |
| Adjusted for the following: | |||
| (138) | Impairment of goodwill | (94) | (43) |
| (68) | Amortisation and impairment of intangibles | (46) | (21) |
| 9 | Financial Services Compensation Scheme and other levies | 6 | - |
| 688 | Variation from longer-term investment return | 468 | 2,805 |
| 987 | Effect of economic assumption changes | 671 | (406) |
| 237 | Profit on the disposal of subsidiaries and associates | 161 | 153 |
| (362) | Integration and restructuring costs | (246) | (109) |
| 6,125 | Profit before tax | 4,165 | 5,283 |
| (1,512) | Tax on operating profit | (1,028) | (927) |
| (379) | Tax on other activities | (258) | (674) |
| 4,234 | Profit for the year | 2,879 | 3,682 |
| Attributable to: | |||
| 3,894 | Equity shareholders of Aviva plc | 2,648 | 3,470 |
| 340 | Minority interests | 231 | 212 |
| 4,234 | 2,879 | 3,682 |
All profit is from continuing operations.
- Excludes the proportion of the results of Morley's fund management businesses, of our French asset management operation Aviva Gestion d'Actifs (AGA) and other fund management operations within the Group that arises from the provision of fund management services to our Life businesses. These results are included within the Life EEV operating return.
- Excludes the proportion of the results of Norwich Union Life Services relating to the services provided to the UK life business. These results are included within the Life EEV operating return. Other subsidiaries providing services to our life businesses do not materially impact the Group results.
