Barclays 2005 Annual Report Download - page 242

Barclays PLC
Annual Report 2005
240
Notes to the accounts
For the year ended 31st December 2005
62 First-time adoption of International Financial Reporting Standards (IFRS) (continued)
Analysis of remeasure column in income statement reconciliation for full-year to 31st December 2004
Life
Consolidation assurance Goodwill
(a) (b) (d)
Notes £m £m £m
Interest income 228––
Interest expense (219) – –
Net interest income 9––
Fee and commission income (90) (51) –
Fee and commission expense 44––
Net fee and commission income (46) (51) –
Dealing profits –––
Net trading income (6) – –
Net investment income 4 717 –
Principal transactions (2) 717 –
Net premiums from insurance contracts 151 680 –
Other operating income 14 (47) –
Total operating income 126 1,299 –
Impairment loss on loans and advances and other credit risk provisions – – –
Provisions for contingent liabilities and commitments – – –
Net operating income 126 1,299 –
Net claims and benefits on insurance contracts (51) (1,208) –
Operating expenses (74) (142) 293
Administrative expenses – staff costs – – –
Administrative expenses – other –––
Depreciation and goodwill amortisation – – –
Share of results of associates and joint ventures – – 7
Exceptional items –––
Profit on disposal of associates and joint ventures – – –
Profit before tax 1 (51) 300
Tax – (64) –
Dividends –––
Profit for the year 1 (115) 300
Profit attributable to minority interests 1 – –
Profit attributable to shareholders – (115) 300
Net profit 1 (115) 300