Aviva 2005 Annual Report Download - page 118
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Financial statements continued
Notes to the consolidated financial statements continued
4 – Segmental information continued
General
Long-term Fund insurance
business management and health Other Total
As at 31 December 2004 £m £m £m £m £m
Goodwill 595 – 308 281 1,184
Acquired value of in-force business and intangible assets 451 – 19 46 516
Investments in joint ventures and associates 1,995 40 13 80 2,128
Property and equipment 404 7 133 268 812
Investment property 10,639 – 362 56 11,057
Loans 17,090 – 2,635 2,330 22,055
Financial investments
Debt securities 86,897 2 9,255 2,565 98,719
Equity securities 44,269 1 2,449 572 47,291
Other investments 20,067 6 224 49 20,346
Other assets 23,455 311 9,786 735 34,287
Segment assets 205,862 367 25,184 6,982 238,395
Unallocated assets – tax assets 908
Total assets 239,303
Insurance liabilities 106,329 – 17,793 – 124,122
Liability for investment contracts 69,555–––69,555
Unallocated divisible surplus 7,549–––7,549
Net asset value attributable to unitholders 2,247–––2,247
External borrowings 4,082 – 1,439 270 5,791
Other liabilities, including inter-segment liabilities 6,250 191 474 7,367 14,282
Segment liabilities 196,012 191 19,706 7,637 223,546
Unallocated liabilities
Central borrowings (see below) 4,299
Tax liabilities 2,465
Total liabilities 230,310
Total equity 8,993
Total equity and liabilities 239,303
Capital expenditure
Intangible assets – – 5 – 5
Property and equipment 27 3 12 173 215
27 3 17 173 220
Central borrowings are borrowings by holding companies within the Group which are not allocated to operating companies.
(b) Secondary reporting format – geographical segments
(i) Reporting segments
Although the Group’s business segments are managed on a worldwide basis, they operate in five main geographical areas. These are
United Kingdom, France, Netherlands (including Belgium and Luxembourg), Other Europe and International.
Revenue by destination does not differ materially from revenue by geographical origin, as most risks are located in the countries where
the contracts were written.
Aviva plc 2005 Financial statements
116