Preliminary results - 12 months ended 31 December 2006 01 March 2007

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Summarised reconciliation of movements in consolidated shareholders' funds – EEV basis

For the year ended 31 December 2006

2006 €m   2006 £m 2005 £m
26,188 Balance at 1 January 17,546 14,011
3,601 Total recognised income and expense for the year 2,413 3,376
(1,137) Dividends and appropriations (762) (657)
1,331 Issue of share capital for the acquisition of AmerUs Group Co. (2005: RAC plc), net of transaction costs 892 530
64 Other issues of share capital, net of transaction costs 43 59
303 Shares issued in lieu of dividends 203 100
593 Capital contribution from minority shareholders 397 212
(112) Minority share of dividends declared in the year (75) (70)
228 Minority interest in acquired/(disposed) subsidiaries 153 (36)
72 Reserves credit for equity compensation plans 48 22
- Other movements - (1)
31,131 Total equity 20,858 17,546
(3,189) Minority interests (2,137) (1,457)
27,942 Balance at 31 December 18,721 16,089

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