Aviva 2006 Annual Report Download - page 139

Overview Business review Governance Financial statements Other information
Aviva plc
Annual Report and Accounts 2006 135
6 – Details of expenses continued
2006 2005
£m£m
Other expenses
Other operating expenses
Staff costs and other expenses 2,750 2,613
Central costs and sharesave schemes 160 108
Global finance transformation programme –28
Corporate costs 160 136
Depreciation (note 19) 122 112
Impairment of goodwill on subsidiaries (note 15) 94 43
Amortisation of acquired value of in-force business (note 16) 58 26
Amortisation of intangible assets (note 16) 72 39
Net impairment of acquired value of in-force business (note 16) 28 29
(Reversal of impairment)/impairment of intangible assets (note 16) (2) 6
Integration and restructuring costs (note 3c) 246 109
3,528 3,113
Impairments
Net (reversal of impairment)/impairment on loans (4) 4
Net (reversal of impairment)/impairment on financial investments (1) 5
Net impairment on receivables and other financial assets 510
Net impairment on non-financial assets –38
–57
Other net foreign exchange losses/(gains) 29 (4)
3,557 3,166
Finance costs
Interest expense on:
Subordinated debt 169 169
Debentureloans 29 41
Amounts owed to credit institutions 169 37
Commercial paper 29 24
Securitised mortgage loan notes
At fair value 94 82
At amortised cost 197 101
291 183
Banking customer deposits 95 79
782 533
Other similar charges 48 76
830 609
Total expenses 42,054 47,475