Aviva 2009 Annual Report Download - page 277

275
Performance review
Aviva plc
Corporate responsibility
Financial statements
Annual Report and Accounts 2009
Governance
Shareholder information
of the Company
Financial statements IFRS
Financial statements MCEV
Other information
Income statement
For the year ended 31 December 2009
Restated
2009 2008
Note £m £m
Income
Dividends received from subsidiaries 1,340 1,796
Interest receivable from Group companies 156 151
Net investment income/(expense) 50 (141)
1,546 1,806
Expenses
Operating expenses
Interest payable to Group companies
Interest payable on borrowings
C (194)
(603)
(336)
(25)
(992)
(289)
(1,133) (1,306)
Profit before tax
Tax credit D
413
158
500
358
Profit after tax 571 858
Statement of comprehensive income
For the year ended 31 December 2009
Restated
2009 2008
Note £m £m
Profit for the year 571 858
Other comprehensive income
Fair value gains/(losses) on investments in subsidiaries B 883 (8,113)
Actuarial (losses)/gains on pension scheme (3) 2
Other comprehensive income, net of tax 880 (8,111)
1,451 (7,253)Total comprehensive income for the year
Statement of changes in equity
For the year ended 31 December 2009
Ordinary Preference Investment Equity Direct
share share Share Merger valuation compensation Retained capital Total
capital capital premium reserve reserve reserve earnings Equity instrument equity
Note £m £m £m £m £m £m £m £m £m £m
Balance at 1 January 664 200 1,234 735 5,770 113 3,287 12,003 990 12,993
Profit for the year — — — — — — 571 571 — 571
Other comprehensive income — — — — 883 — (3) 880 — 880
Total comprehensive income for the year — — — — 883 — 568 1,451 — 1,451
Dividends and appropriations 15 — — — — — — (853) (853) — (853)
Issues of share capital 28 1 — — — — — — 1 — 1
Shares issued in lieu of dividends 35 27 — (27) — — — 299 299 — 299
Employee trust shares distributed in the year 30 — — — — — — (18) (18) — (18)
Reserves credit for equity compensation plans 10 — — — — — 56 — 56 — 56
Shares issued under equity compensation
plans — — — — — (60) 60 — — —
Aggregate tax effect — — — — — — 17 17 — 17
Balance at 31 December 692 200 1,207 735 6,653 109 3,360 12,956 990 13,946
For the year ended 31 December 2008
Ordinary Preference Investment Equity Direct
share share Share Merger valuation compensation Retained capital Total
capital capital premium reserve reserve reserve earnings Equity instrument equity
Note £m £m £m £m £m £m £m £m £m
Balance at 1 January 655 200 1,223 735 13,883 89 3,207 19,992 990 20,982
Profit for the year — — — — — — 858 858 — 858
Other comprehensive income — — — — (8,113) — 2 (8,111) — (8,111)
Total comprehensive income for the year — — — — (8,113) — 860 (7,253) — (7,253)
Dividends and appropriations 15 — — — — — — (975) (975) — (975)
Issues of share capital 28 2 — 18 — — — — 20 — 20
Shares issued in lieu of dividends 35 7 — (7) — — — 170 170 — 170
Employee trust shares distributed in the year 30 — — — — — — (6) (6) — (6)
Reserves credit for equity compensation plans 10 — — — — — 39 — 39 — 39
Shares issued under equity compensation
plans — — — — — (15) 15 — — —
Aggregate tax effect — — — — — — 16 16 — 16
Balance at 31 December 664 200 1,234 735 5,770 113 3,287 12,003 990 12,993
Where applicable, the accounting policies of the Company are the same as those of the Group on pages 130 to 142. The notes identified
alphabetically on pages 278 to 282 are an integral part of these separate financial statements. Where the same items appear in the Group financial
statements, reference is made to the notes (identified alphabetically) on pages 151 to 274.
Financial statements IFRS