Aviva 2001 Annual Report Download - page 53

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Consolidated statement of total recognised gains and losses
For the year ended 31 December 2001
2001 2001 2000
am£m £m
53 Profit/(loss)for the financial year 33 (1,713)
Movement in internally-generated additional value
(1,225) of in-force long-term business* (32) (761) 73
210 Foreign exchange (losses)/gains (V & 32) (191) 303
(962) Total recognised gains and losses arising in the year (919) (1,337)
*Stated before the effect of foreign exchange movements which are reported within the foreign exchange (losses)/gains line.
51 CGNU plc
The accounting policies (identified alphabetically) on pages 44 to 46 and notes (identified numerically) on pages 56 to 90 are an
integral part of these accounts. The auditor’s report is on page 43.
Reconciliation of movements in consolidated shareholders’funds
For the year ended 31 December 2001
2001 2001 2000
am£m £m
Balance at 1 January
As previously reported – CGU plc 9,567
– Norwich Union plc 6,039
Merger adjustments arising from alignment of accounting policies 67
21,640 Shareholders’funds at 1 January (2000 restated) 13,633 15,673
(962) Total recognised gains and losses arising in the year (919) (1,337)
(1,410) Dividends (874) (872)
133 Increase in share capital (30c) 29 54
–Merger reserve arising in the year (32) –5
5Goodwill written back and other movements (K & 32) 3110
19,406 Balance at 31 December 11,872 13,633