Aviva 2002 Annual Report Download - page 69

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Company balance sheet
At 31 December 2002
Restated
2002 2001
£m £m
Fixed assets
Shares in subsidiary undertakings (M & 17d) 10,615 13,579
Investment in joint venture (N and 20c) 20 –
10,635 13,579
Current assets
Amounts owed by subsidiary undertakings 4,111 3,467
Other assets 146 355
Own shares –10
4,257 3,832
Creditors: Amounts falling due within one year
Amounts owed to subsidiary undertakings (1,745) (1,799)
Loans (42e) (1,433) (1,741)
Proposed ordinary dividend (322) (536)
Other creditors (61) (29)
Net current assets/(liabilities) 696 (273)
Total assets less current liabilities 11,331 13,306
Creditors: Amounts falling due after more than one year
Loans (42e) (472) (397)
Subordinated notes (R & 36) (1,190) (1,157)
Net assets 9,669 11,752
Represented by:
Capital and reserves
Ordinary share capital (32) 564 564
Preference share capital (33) 200 200
Called up share capital 764 764
Share premium account (32c) 1,094 1,083
Revaluation reserve (35) 115 3,079
Merger reserve (35) 227 227
Profit and loss account: (35)
Distributable 1,734 864
Non-distributable 5,735 5,735
7,469 6,599
Shareholders’ funds 9,669 11,752
Analysed between:
Equity 9,469 11,552
Non-equity 200 200
9,669 11,752
Approved by the Board on 25 February 2003
Mike Biggs
Director
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.
55 Aviva plc
Annual report + accounts 2002