Aviva 2002 Annual Report Download - page 72

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4 – Geographical segmental information continued
(iv) Operating profit in respect of general insurance business excluding health, before exceptional items
Underwriting result Operating result
2002 2001 2002 2001
£m £m £m £m
United Kingdom (52) (81) 611 590
Europe (excluding UK)
France (14) (33) 47 58
Ireland (15) (7) 44 48
Netherlands (21) (14) 13 19
Other Europe (10) (25) 49 41
International
Canada (28) (56) 80 72
Other International (5) (7) 37 48
Continuing operations (145) (223) 881 876
Discontinued operations:
Australia and New Zealand 7(1) 78 69
United States –(173) –(21)
7(174) 78 48
(138) (397) 959 924
(b) Operating profit before tax
2002 2001
£m £m
United Kingdom 1,072 1,015
Europe (excluding UK) 415 710
International 109 111
Continuing operations 1,596 1,836
Discontinued operations 78 48
Corporate costs (10) (218) (187)
Unallocated interest charges (434) (426)
Operating profit 1,022 1,271
(c) Net assets by business and geographical segment
Long-term business General insurance and health business Total
Restated Restated Restated
2002 2001 2002 2001 2002 2001
£m £m £m £m £m £m
United Kingdom 2,650 2,697 2,052 2,043 4,702 4,740
Europe (excluding UK) 2,923 2,301 1,055 1,525 3,978 3,826
International 384 361 810 992 1,194 1,353
5,957 5,359 3,917 4,560 9,874 9,919
Other business 554 324
Additional value of in-force long-term business 4,422 5,948
Corporate and other holding company assets 2,476 2,947
17,326 19,138
External borrowings (2,053) (2,651)
Internal borrowings (3,671) (3,284)
Subordinated debt (1,190) (1,157)
Discontinued operations –357
Total 10,412 12,403
Notes to the accounts continued
58 Aviva plc
Annual report + accounts 2002