Aviva 2009 Annual Report Download - page 37

35
Performance review
Aviva plc
Corporate responsibility
Governance
Shareholder information
Selected Consolidated
Annual Report and Accounts 2009
Financial Data
Financial statements IFRS
Financial statements MCEV
Other information
Performance review
Selected Consolidated Financial Data
The following table sets forth our selected consolidated financial data for the periods indicated. This data is derived from our
consolidated financial statements prepared in accordance with IFRS as issued by the IASB.
The selected consolidated financial data for the five years ended 31 December 2009 have been derived from, and should
be read in conjunction with, our audited consolidated financial statements and the related notes in these financial statements.
Income statement data
2009 2008 2007 2006 2005
Amounts in accordance with IFRS £m £m £m £m £m
Income
Gross written premiums 34,690 36,206 30,991 28,735 26,299
Premiums ceded to reinsurers (2,576) (1,841) (1,658) (1,501) (1,317)
Premiums written net of reinsurance 32,114 34,365 29,333 27,234 24,982
Net change in provision for unearned premiums 559 277 (21) 93 (123)
Net earned premiums 32,673 34,642 29,312 27,327 24,859
Fee and commission income 1,789 1,885 1,760 1,870 1,851
Net investment income/(expense) 24,972 (16,043) 9,689 15,908 23,722
Share of (loss)/profit after tax of joint ventures and associates (504) (1,128) (304) 485 340
Profit on the disposal of subsidiaries and associates 153 7 49 222 153
59,083 19,363 40,506 45,812 50,925
Expenses
Claims and benefits paid, net of recoveries from reinsurers (27,549) (29,353) (27,121) (23,444) (19,706)
Change in insurance liabilities, net of reinsurance (5,682) 3,885 (3,508) (2,594) (10,376)
Change in investment contract provisions (11,185) 10,629 (2,018) (6,002) (7,814)
Change in unallocated divisible surplus (1,547) 4,482 2,922 (558) (1,474)
Fee and commission expense (4,396) (4,411) (4,244) (5,461) (4,330)
Other expenses (5,366) (5,416) (3,473) (3,557) (3,166)
Finance costs (1,336) (1,547) (1,217) (856) (609)
(57,061) (21,731) (38,659) (42,472) (47,475)
Profit/(loss) before tax 2,022 (2,368) 1,847 3,340 3,450
Tax attributable to policyholders’ returns (217) 1,068 (15) (346) (922)
Profit/(loss) before tax attributable to shareholders’ profits 1,805 (1,300) 1,832 2,994 2,528
Tax attributable to shareholders’ profits (490) 415 (334) (594) (630)
Profit/(loss) for the financial year 1,315 (885) 1,498 2,400 1,898
Per share Per share Per share Per share Per share
Profit/(loss) per share attributable to equity shareholders:
Basic 37.8p (36.8)p 48.9p 88.0p 73.5p
Diluted 37.5p (36.8)p 48.5p 87.0p 72.9p
Per share Per share Per share Per share Per share
Dividends paid per share 22.5p 33.0p 33.0p 30.0p 27.3p
Millions Millions Millions Millions Millions
Number of shares in issue at 31 December 2,767 2,658 2,622 2,566 2,396
Weighted average number of shares in issue for the year 2,705 2,643 2,588 2,469 2,340
Statement of financial position data
2009 2008 2007 2006 2005
Amounts in accordance with IFRS £m £m £m £m £m
Total assets 354,391 354,562 321,326 294,851 263,447
Gross insurance liabilities 171,092 174,850 152,839 144,230 132,602
Gross liabilities for investment contracts 110,015 107,559 98,244 88,358 77,309
Unallocated divisible surplus 3,866 2,325 6,785 9,465 8,978
Core structural borrowings 5,489 5,525 4,311 4,195 3,645
Other liabilities 48,843 49,730 43,120 34,539 29,821
Total liabilities 339,305 339,989 305,299 280,787 252,355
Total shareholders’ equity 15,086 14,573 16,027 14,064 11,092