Aviva 2009 Annual Report Download - page 145

143
Performance review
Aviva plc
Corporate responsibility
Consolidated financial statements
Annual Report and Accounts 2009
Governance
Shareholder information
Financial statements IFRS
Financial statements MCEV
Other information
Consolidated income statement
For the year ended 31 December 2009
2009 2009 2008
€m Note £m £m
Income 5
39,420 Gross written premiums 34,690 36,206
(2,927) Premiums ceded to reinsurers (2,576) (1,841)
36,493 Premiums written net of reinsurance 32,114 34,365
635 Net change in provision for unearned premiums 559 277
37,128 Net earned premiums G 32,673 34,642
2,033 Fee and commission income H & I 1,789 1,885
28,377 Net investment income/(expense) J 24,972 (16,043)
(572) Share of loss after tax of joint ventures and associates (504) (1,128)
174 Profit on the disposal of subsidiaries and associates 153 7
67,140 59,083 19,363
Expenses 6
(31,306) Claims and benefits paid, net of recoveries from reinsurers (27,549) (29,353)
(6,457) Change in insurance liabilities, net of reinsurance (5,682) 3,885
(12,710) Change in investment contract provisions (11,185) 10,629
(1,758) Change in unallocated divisible surplus (1,547) 4,482
(4,995) Fee and commission expense (4,396) (4,411)
(6,098) Other expenses (5,366) (5,416)
(1,518) Finance costs 7 (1,336) (1,547)
(64,842)
2,298 Profit/(loss) before tax
(57,061) (21,731)
2,022 (2,368)
(247) Tax attributable to policyholders’ returns 13 (217) 1,068
2,051 (1,300)
(804) Tax (expense)/credit AB & 13 (707) 1,483
247 Less: tax attributable to policyholders’ returns 13 217 (1,068)
(557) Tax attributable to shareholders’ profits (490) 415
Profit/(loss) before tax attributable to shareholders’ profits 1,805
1,494 Profit/(loss) for the year 1,315 (885)
Attributable to:
1,233 Equity shareholders of Aviva plc 1,085 (915)
261 Minority interests 36b 230 30
1,494 1,315 (885)
Earnings per share AF & 14
43.0c Basic (pence per share) 37.8p (36.8)p
42.6c Diluted (pence per share) 37.5p (36.8)p
Financial statements IFRS
The accounting policies (identified alphabetically) on pages 130 to 142 and notes (identified numerically) on pages 151 to 274 are an integral part
of these financial statements.