Aviva plc
 Interim report 2004		   Summarised consolidated profit and loss account Modified statutory basis For the six months ended 30 June 2004
 
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6 months   6 months 6 months Full year
2004   2004 2003 2003
€m   £m £m £m
  Premium income (after reinsurance) and investment sales
  Continuing operations      
14,142 Life premiums, including share of associates' premiums 9,617 10,248 19,035
1,140 Investment sales 775 520 1,141
1,003 Health premiums 682 646 1,066
16,285   11,074 11,414 21,242
         
6,550 General insurance premiums 4,454 4,278 8,524
22,835 Total 15,528 15,692 29,766
         
  Operating profit      
805 Modified statutory life profit 548 515 1,138
49 Health 33 27 61
25 Fund management 17 10 10
901 General insurance 613 387 911
(22) Non-insurance operations (15) (47) (64)
(138) Corporate costs (94) (56) (160)
(329) Unallocated interest charges (224) (198) (406)
1,291 Operating profit - before tax, amortisation of goodwill, amortisation of acquired additional value of in-force long-term business and exceptional items* 878 638 1,490
         
(72) Amortisation of goodwill (49) (52) (103)
(72) Amortisation of acquired additional value of in-force long-term business (49) (40) (135)
(37) Financial Services Compensation Scheme levy (25) - -
1,110 Operating profit before tax 755 546 1,252
         
(420) Short-term fluctuation in investment return (286) 250 212
(16) Change in the equalisation provision (11) (28) (49)
9 Profit/(loss) on the disposal of subsidiary and associated undertakings 6 (7) (6)
(74) Exceptional costs for termination of operations (50) (19) (19)
609 Profit on ordinary activities before tax 414 742 1,390
         
(222) Tax on profit on ordinary activities (151) (211) (367)
387 Profit on ordinary activities after tax 263 531 1,023
         
(58) Minority interests (39) (30) (74)
329 Profit for the financial period 224 501 949
         
(13) Preference dividends (9) (9) (17)
316 Profit for the financial period attributable to equity shareholders 215 492 932
         
(310) Ordinary dividends (211) (203) (545)
6 Retained profit transferred to reserves 4 289 387
         
  Earnings per share - modified statutory basis      
  Operating profit before amortisation of goodwill, amortisation of acquired additional value of in-force long-term business and exceptional items, after tax, attributable to equity shareholders 25.4p 17.9p 44.0p
  Profit attributable to equity shareholders 9.5p 21.8p 41.4p
  Profit attributable to equity shareholders - diluted 9.5p 21.8p 41.3p
         
  Dividend per share 9.36p 9.0p 24.15p
*All operating profit is from continuing operations.

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