Aviva 2013 Annual Report Download - page 276

Aviva plc
Annual report and accounts 2013
274
Analysis of investments continued
Equity securities
The table below analyses our investments in equity securities by sector.
2013
Policyholder
£m
Participating
£m
Shareholder
£m
Total
£m
Public utilities 2,727 985 4 3,716
Banks, trusts and insurance companies 5,040 2,510 457 8,007
Industrial, miscellaneous and all other 17,969 7,035 256 25,260
Non-redeemable preferred shares 100 14 283 397
Total 25,836 10,544 1,000 37,380
Total % 69.1% 28.2% 2.7% 100.0%
2012 Restated1 22,648 10,157 1,508 34,313
2012 Restated1 % 66.0% 29.6% 4.4% 100.0%
1 The 2012 figures have been restated following the adoption of IFRS 10 ‘Consolidated Financial Statements’ – see ‘IFRS Financial Statements – note 1’ for details.
At 31 December 2013, shareholder investment in equity securities amounted to £1,000 million. The investments include a strategic
holding in Italian banks of £258 million (£132 million net of non-controlling interests).
Of our £8,007 million exposure to equity investments in banks, trusts and insurance companies, £457 million relates to
shareholder investments, which includes our strategic holding as mentioned above.
Other investments
The table below analyses other investments by type.
2013
Policyholder
£m
Participating
£m
Shareholder
£m
Total
£m
Unit trusts and other investment vehicles 25,824 2,411 371 28,606
Derivative financial instruments 25 686 347 1,058
Deposits and credit institutions 401 40 160 601
Minority holdings in property management undertakings — 679 117 796
Other 313 64 13 390
Total 26,563 3,880 1,008 31,451
Total % 84.5% 12.3% 3.2% 100.0%
2012 Restated1 23,261 3,638 2,169 29,068
2012 Restated1 % 80.0% 12.5% 7.5% 100.0%
1 The 2012 figures have been restated following the adoption of IFRS 10 ‘Consolidated Financial Statements’ – see ‘IFRS Financial Statements – note 1’ for details.
Property
Our global headquarters are located in St. Helen’s, 1 Undershaft, London, England, EC3P 3DQ. In addition, we have major offices
in the following locations:
 UK: UK Life, York; UK General Insurance, Norwich; Aviva Investors, London;
 Asia: Singapore;
 Canada: Scarborough, Ontario; and
 Europe: Paris, France; Dublin, Ireland; Madrid, Spain; Warsaw, Poland; and Milan, Italy.
As of 31 December 2013, we owned and occupied land and buildings for our own use with a total book value of £257 million
(2012: £245 million). We believe that these facilities are adequate for our present needs in all material respects. We also hold
other properties, both directly and indirectly, for investment purposes, valued at £8,207 million at 31 December 2012 (2012:
£8,552 million).