Aviva 2006 Annual Report Download - page 217
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Overview Business review Governance Financial statements Other information
Aviva plc
Annual Report and Accounts 2006 213
Financial statements of the Company continued
Cash flow statement
For the year ended 31 December 2006
All the Company’s operating and investing cash requirements are met by subsidiary companies and settled through intercompany loan
accounts. As the direct method of presentation has been adopted for these activities, no further disclosure is required. In respect of
financing activities, the following items pass through the Company’s own bank accounts.
2006 2005
£m £m
Cash flow s from financing activities
Funding provided by subsidiaries 299 880
Net drawdown/(repayment) of borrowings 234 (370)
Preference dividends paid (17) (17)
Ordinary dividends paid (490) (497)
Interest paid on borrowings (23) (25)
Net cash from/(used in) financing activities 3(29)
Net increase/ (decrease) in cash and cash equivalents 3 (29)
Cash and cash equivalents at 1 January 231
Cash and cash equivalents at 31 December 5 2
Where applicable, the accounting policies of the Company are the same as those of the Group on pages 104 to 113. The notes (identified alphabetically) on pages 214 to 218
are an integral part of these separate financial statements. Where the same items appear in the Group financial statements, reference is made to the notes (identified
numerically) on pages 120 to 210.