Aviva 2002 Annual Report Download - page 73

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4 – Geographical segmental information continued
(d) Net assets by principal currency
Restated
2002 2001
£m £m
Sterling 3,007 3,251
Euro 5,445 6,918
Canadian dollar 532 588
United States dollar 243 451
Other 1,185 1,195
Total 10,412 12,403
Net assets are stated after taking account of the effect of currency swaps and forward foreign exchange contracts.
5 – New long-term savings business premiums
The analysis of new life and savings business premiums written is:
New business – single premiums New business – regular premiums Total
2002 2001 2002 2001 2002 2001
£m £m £m £m £m £m
Life and pensions:
United Kingdom – Group companies 6,066 6,434 591 591 6,657 7,025
– associates* 171 228 16 12 187 240
6,237 6,662 607 603 6,844 7,265
Europe (excluding UK)
France 1,814 1,961 42 37 1,856 1,998
Ireland 267 468 76 55 343 523
Italy 1,089 924 44 34 1,133 958
Netherlands
(including Belgium and Luxembourg) 709 674 87 103 796 777
Poland – life 22 17 24 34 46 51
– pensions 9221 24 30 26
Spain 1,244 885 65 47 1,309 932
Other Europe 240 188 69 72 309 260
International 863 619 89 70 952 689
Total life and pensions
(including share of associates) 12,494 12,400 1,124 1,079 13,618 13,479
Investment sales:
United Kingdom 543 808 13 8556 816
Europe (excluding UK)
Netherlands 119 85 ––119 85
Other Europe 86 227 ––86 227
International 267 347 ––267 347
Total investment sales 1,015 1,467 13 81,028 1,475
Total long-term savings
(including share of associates) 13,509 13,867 1,137 1,087 14,646 14,954
*The figures for associates comprise the Group’s share of the associated partnership in RBS Life Investments Limited.
Single premiums are those relating to products issued by the Group, which provide for the payment of one premium only.
Regular premiums are those where there is a contractual obligation to pay on an ongoing basis.
In addition to the amounts included above, Navigator, our Australian funds administration business, recorded sales of £797 million for
the 12 months to 31 December 2002 (2001: £930 million).
59 Aviva plc
Annual report + accounts 2002