Highlights

Financial highlights

IFRS profit before tax attributable to shareholders*	EEV operating profit**	Return on capital employed†
Worldwide sales‡	Full year dividend per share	Equity shareholders’ funds¹

We have a balanced portfolio that benefits from diversification of distribution, products and geography.

We continue to focus on managing the business to create value for shareholders and customers.

We have delivered another strong performance from our international long-term savings businesses.

Bancassurance goes from strength to strength, with total sales up 22%.

The acquisition of RAC has created a powerful new force in insurance and motoring services.

Commitment to new combined operating ratio target of 98% demonstrates our confidence in sustaining our excellent general insurance results.

*	On an IFRS basis.
**	From continuing operations, including long-term savings result on a European Embedded Value (EEV) basis before amortisation of goodwill.
†	Return based on opening equity shareholders’ funds on an EEV basis.
‡	From continuing operations, including share of associates’ premiums.
≠	On an EEV basis.

Aviva plc Annual report and accounts 2005