Aviva plc: Interim management statement – 3 months to 31 March 2009
4 – Detailed worldwide investment sales analysis
| Regular | Single | PVNBP | |||||
|---|---|---|---|---|---|---|---|
| 3 months 2009 £m |
3 months 2008 £m |
Local currency growth |
3 months 2009 £m |
3 months 2008 £m |
Local currency growth |
Local currency growth |
|
| United Kingdom1 | 17 | 24 | (29)% | 153 | 378 | (60)% | (60)% |
| Netherlands (incl Belgium and Germany) |
- | - | - | 162 | 161 | (16)% | (16)% |
| Poland | 1 | 2 | (50)% | 9 | 30 | (70)% | (67)% |
| Other Europe | - | - | - | 128 | 107 | - | - |
| Europe | 1 | 2 | (50)% | 299 | 298 | (16)% | (16)% |
| Australia | - | - | - | 186 | 350 | (47)% | (47)% |
| Singapore | - | - | - | 82 | 148 | (57)% | (57)% |
| Asia Pacific | - | - | - | 268 | 498 | (50)% | (50)% |
| TOTAL INVESTMENT SALES | 18 | 26 | (31)% | 720 | 1,174 | (45)% | (45)% |
- UK regular premium investment sales include SIPP products. These are similar in nature to pension products and their payment pattern is stable and predictable and accordingly they have been capitalised. Regular premium SIPP sales for the 3 months to 31 March 2009 totalled £1.3 million (2008: £8.6 million) and have been capitalised using a weighted average capitalisation factor of 5.0 (2008: 5.0). As such, regular premium SIPP sales have produced an overall contribution to investment sales of £6 million (2008: £43 million) out of the UK investment sales of £175 million (2008: £436 million).
