Aviva 2001 Annual Report Download - page 55

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2001 2001 2000
amLiabilities £m £m
Capital and reserves
922 Ordinary share capital (30c) 564 563
327 Preference share capital (31a) 200 200
1,249 Called up share capital 764 763
1,770 Share premium account (30c) 1,083 1,055
8,464 Revaluation reserve (A & 32) 5,178 5,999
4,863 Merger reserve (32) 2,975 3,049
3,060 Profit and loss account (A & 32) 1,872 2,767
19,406 Shareholders’ funds 11,872 13,633
640 Minority interests – equity 393 326
422 – non-equity (40j) 258 258
1,062 651 584
Total capital and reserves:
19,719 Equity 12,065 13,759
749 Non-equity 458 458
20,468 12,523 14,217
Subordinated debt
1,891 Subordinated notes (S & 34) 1,157 –
22,359 Total capital, reserves and subordinated debt 13,680 14,217
Other liabilities
11,837 Fund for future appropriations (T) 7,242 14,354
Technical provisions
7,648 Provision for unearned premiums (C) 4,679 6,078
168,282 Long-term business provision (Q & 36) 102,955 97,022
22,342 Claims outstanding (D) 13,669 18,005
443 Equalisation provision (U & 38) 272 216
89 Other technical provisions 54 27
198,804 121,629 121,348
47,795 Technical provision for linked liabilities (Q) 29,241 27,958
1,008 Provisions for other risks and charges (39) 617 2,086
1,491 Deposits received from reinsurers 912 613
Creditors
1,829 Creditors arising out of direct insurance operations 1,119 1,212
2,442 Creditors arising out of reinsurance operations 1,494 1,584
Long-term business borrowings
83 Debenture loans (S & 40b) 51 16
General business and other borrowings
1,283 Debenture loans (S & 40b) 785 893
312 Amounts due to credit institutions (40c) 191 395
2,756 Commercial paper (40d) 1,686 1,304
14,006 Other creditors including tax and social security (41) 8,567 6,066
28 Loans from associated undertakings 17 28
22,739 13,910 11,498
1,639 Accruals and deferred income (42) 1,003 1,244
285,313 Total other liabilities 174,554 179,101
307,672 Total liabilities 188,234 193,318
Approved by the Board on 26 February 2002
Mike Biggs
Director
53 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.