Aviva 2001 Annual Report Download - page 78

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24 – Debtors arising out of direct insurance operations
2001 2000
£m £m
Amounts owed by policyholders 1,892 2,330
Amounts owed by intermediaries 1,581 1,944
Debtors arising out of direct insurance operations 3,473 4,274
25 – Other debtors
2001 2000
£m £m
Banking and stockbroking assets (29a) 3,359 2,138
Other 2,277 1,908
Other debtors 5,636 4,046
26 – Tangible assets
Motor Computer
vehicles equipment Other Total
£m £m £m £m
Cost:
At 1 January 75 455 518 1,048
Acquisitions/(disposals) of subsidiaries (23) (92) (193) (308)
Additions 7 118 67 192
Disposals (14) (52) (33) (99)
Foreign exchange rate movements – (5) (4) (9)
At 31 December 45 424 355 824
Depreciation:
At 1 January 28 327 337 692
Acquisitions/(disposals) of subsidiaries (7) (91) (193) (291)
Charge for the year 8 101 68 177
On disposals (7) (37) (12) (56)
Foreign exchange rate movements – (3) (2) (5)
At 31 December 22 297 198 517
Net book value at 31 December 2001 23 127 157 307
Net book value at 31 December 2000 47 128 181 356
27 – Own shares
Movements in the residual value of own shares comprise:
2001 2000
Number £m Number £m
Additions 1,926,500 18 550,000 6
Distributed in year (1,214,033) – (396,265) –
Charge for the year –(18) ––
Movement arising in the year 712,467 – 153,735 6
Balance at 1 January 2,413,220 10 2,259,485 4
Balance at 31 December 3,125,687 10 2,413,220 10
These shares are owned by an employee share trust to satisfy awards under Integration Incentive Plans, Deferred Bonus Plans,
Executive Share Option Plans and the CGNU Long Term Incentive Plan. A charge to profit has been made in respect of the exercise
of options and vesting of awards during the year. Further details of the shares held can be found in note 30(b). Further details of the
features of the plans can be found in the Remuneration report on pages 37 and 38.
76 CGNU plc Annual report + accounts 2001 Notes to the accounts continued