Aviva 2009 Annual Report Download - page 230

228
Aviva plc Notes to the consolidated financial statements continued
Annual Report and Accounts 2009
46 – Provisions
This note details the non-insurance provisions that the Group holds, and shows the movements in these during the year.
(a) Carrying amounts
2009
£m
Restated
2008
£m
Restated
2007
£m
Deficits in the staff pension schemes (note 47e(vii))
Other obligations to staff pension schemes – insurance policies issued by Group companies (note 47e(vii))
1,707
1,351
613
1,402
205
1,025
Total IAS 19 obligations to staff pension schemes
Restructuring provision
Other provisions
3,058
198
724
2,015
253
722
1,230
135
572
Less amounts classified as held for sale
3,980
—
2,990
(6)
1,937
—
Total 3,980 2,984 1,937
Of the total, £3,375 million (2008: £2,328 million, 2007: £1,277 million) is expected to be settled more than one year after the
statement of financial position date.
(b) Movements on restructuring and other provisions
Restructuring Other Restated
provision provisions Total
£m £m £m
At 1 January 2008 as reported 135 572 707
Additional provisions 355 307 662
Unused amounts reversed (9) (73) (82)
Change in the discounted amount arising from passage of time — 5 5
Charge to income statement 346 239 585
Utilised during the year (248) (193) (441)
Acquisition of subsidiaries — 39 39
Foreign exchange rate movements 20 65 85
At 31 December 2008
Additional provisions
Unused amounts reversed
Change in the discounted amount arising from passage of time
Charge to income statement
Utilised during the year
Acquisition of subsidiaries
Foreign exchange rate movements
253
348
(13)
(7)
328
(370)
—
(13)
722
341
(31)
(2)
975
689
(44)
(9)
308
(251)
(32)
(23)
636
(621)
(32)
(36)
At 31 December 2009 198 724 922
Other provisions comprise many small provisions throughout the Group for obligations such as costs of compensation, litigation,
staff entitlements and reorganisation.