Aviva 2005 Annual Report Download - page 202

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Financial statements continued
Alternative method of reporting long-term business
Aviva plc 2005 Financial statements
200
Summarised consolidated income statement – EEV basis
For the year ended 31 December 2005
2005 2005 2004
1m£m £m
Operating profit before tax attributable to shareholders’ profits
2,668 Life EEV operating return 1,814 1,611
75 Fund management151 20
2,281 General insurance and health 1,551 1,259
Other:
88 Other operations260 (41)
(200) Corporate costs (136) (188)
(641) Unallocated interest charges (436) (437)
4,271 Operating profit before tax attributable to shareholders’ profits 2,904 2,224
(63) Impairment of goodwill (43) (41)
(31) Amortisation and impairment of acquired value of in-force business and intangibles (21) (3)
Financial Services Compensation Scheme and other levies (49)
4,124 Variation from longer-term investment return 2,805 662
(597) Effect of economic assumption changes (406) (318)
225 Profit on the disposal of subsidiaries and associates 153 34
(160) Integration costs (109)
Exceptional costs for termination of operations (40)
7,769 Profit before tax 5,283 2,469
(1,363) Tax on operating profit (927) (618)
(991) Tax on other activities (674) (32)
5,415 Profit for the year 3,682 1,819
Attributable to:
5,103 Equity shareholders of Aviva plc 3,470 1,641
312 Minority interests 212 178
5,415 3,682 1,819
All profit is from continuing operations.
1. Excludes the proportion of the results of Morley’s fund management businesses and of our French asset management operation Aviva Gestion d’Actifs (AGA) that arises
from the provision of fund management services to our life businesses. These results are included within the life EEV operating return.
2. Excludes the proportion of the results of Norwich Union Life Services relating to the services provided to the UK life business. These results are included within the life EEV
operating return. Other subsidiaries providing services to our life businesses do not materially impact the Group results.
Earnings per share – EEV basis
For the year ended 31 December 2005
2005 Earnings per share 2005 2004
Operating profit on an EEV basis after tax, attributable to ordinary
shareholders in respect of Aviva plc
109.6c Continuing operations 74.5p 63.1p
Profit after tax for the year on an EEV basis, attributable to ordinary
shareholders of Aviva plc
215.1c Basic (pence per share) 146.3p 72.0p
213.4c Diluted (pence per share) 145.1p 71.4p