Aviva 2013 Annual Report Download - page 129

Strategic report Governance IFRS Financial statements Other information
Aviva plc
Annual report and accounts 2013
127
Consolidated financial statements continued
Reconciliation of Group operating profit to profit/(loss) for the year continued
Operating profit can be further analysed into the following segments (details of segments can be found in note 5):
Year ended 31 December 2013
Life
business
£m
General
insurance
and health
£m
Fund
management
£m
Other
operations
£m
Total
£m
United Kingdom & Ireland 952 489 23 125 1,589
France 385 84 — (21) 448
Poland 164 9 — 11 184
Italy, Spain and Other 302 19 — (7) 314
Canada — 246 — — 246
Asia 96 1 2 (12) 87
Aviva Investors 2 — 68 (96) (26)
Other Group activities — (51) — (90) (141)
1,901 797 93 (90) 2,701
Corporate centre (150)
Group debt costs and other interest (502)
Share of operating profit (before tax) of Delta Lloyd as an associate —
Total
–
continuing operations 2,049
Total
–
discontinued operations 290
2,339
Year ended 31 December 2012 Restated1,2
Life business
£m
General
insurance
and health
£m
Fund
management
£m
Other
operations
£m
Total
£m
United Kingdom & Ireland 890 502 11 (20) 1,383
France 335 95 — (8) 422
Poland 153 9 — 5 167
Italy, Spain and Other 381 (6) — (10) 365
Canada — 277 — — 277
Asia 69 (5) 1 (12) 53
Aviva Investors 3 — 39 — 42
Other Group activities — 22 — (132) (110)
1,831 894 51 (177) 2,599
Corporate centre (136)
Group debt costs and other interest (537)
Share of operating profit (before tax) of Delta Lloyd as an associate 112
Total
–
continuing operations 2,038
Total
–
discontinued operations 239
2,277
1 Following the adoption of the revised IAS 19 ‘Employee benefits’ the Group has retrospectively applied the changes to the comparative period in these financial statements. This has led to an increase in profit before tax of
£150 million for 2012 with a corresponding decrease in other comprehensive income. For further details of the impact of the restatement please see note 1.
2 Following the announcement in Q1 2013 relating to modifications to its management structure, the Group’s operating segments were changed to align them with the revised organisational reporting structure. See note 5 for
more information.
The accounting policies (identified alphabetically) on pages 110 to 123 and notes (identified numerically) on pages 131 to 237 are
an integral part of the financial statements.