This site uses cookies and by using the site you are consenting to this. Find out why we use cookies and how to manage your settings. More about cookies

Consolidated cash flow statement

Consolidated cash flow statement for the year ended 31 December 2016

For the year ended 31 December 2016 Notes 2016
£ million
2015
£ million
Assets      
Goodwill   11 83
Purchased interest in long term businesses and other intangible assets   155 292
Deferred acquisition costs   2,105 1,887
Investment in associates and joint ventures   283 220
Property, plant and equipment   76 92
Investment property 2.15 8,150 8,082
Financial investments 2.15 418,175 354,063
Reinsurers’ share of contract liabilities   5,593 4,120
UK deferred tax asset 2.16 5 20
Current tax recoverable   297 236
Other assets   5,022 3,618
Assets of operations classified as held for sale 2.13 2.265 3,409
Cash and cash equivalents   25,717 20,677
Total assets   467,854 396,799
       
Equity      
Share capital 2.19 149 149
Share premium 2.19 981 976
Employee scheme treasury shares   (30) (30)
Capital redemption and other reserves   212 89
Retained earnings   5,633 5,220
Shareholders’ equity   6,945 6,404
Non-controlling interests   338 289
Total equity   7,283 6,693
       
Liabilities      
Participating insurance contracts 2.22 5,794 5,618
Participating investment contracts 2.23 5,271 4,912
Unallocated divisible surplus   661 893
Value of in-force non-participating contracts   (206) (184)
Participating contract liabilities   11,520 11,239
Non-participating insurance contracts 2.22 60,779 49,754
Non-participating investment contracts 2.23 321,177 278,554
Non-participating contract liabilities   381,956 328,308
Core borrowings 2.20 3,071 3,092
Operational borrowings 2.21 430 536
Provisions 2.27 1,328 1,171
UK deferred tax liabilities 2.16 291 137
Overseas deferred tax liabilities 2.16 522 436
Current tax liabilities   117 95
Payables and other financial liabilities 2.17 37,347 22,709
Other liabilities   594 737
Net asset value attributable to unit holders   21,573 18,277
Liabilities of operations classified as held for sale 2.13 1,822 3,369
Total liabilities   460,571 390,106
Total equity and liabilities   467,854 396,799
Close
Loading...