Assets

Note

2011
£m

2010
£m

Cash and cash equivalents

16

256.4

81.5

Financial assets

17

4,080.4

4,310.1

Reinsurance assets

– reinsurers’ share of outstanding claims

18

617.0

383.1

– reinsurers’ share of unearned premium

18

50.4

55.3

Loans and receivables, including insurance and reinsurance receivables

– insurance and reinsurance receivables

19

933.5

795.6

– other loans and receivables

19

69.0

88.1

Deferred acquisition costs

20

207.7

185.8

Current income tax assets

13.7

1.2

Deferred tax assets

14

26.9

14.7

Property and equipment

21

19.9

12.5

Intangible assets

22

218.9

184.5

Investment in associates and joint venture

23

8.3

2.2

Total assets

6,502.1

6,114.6

Equity and reserves

Share capital

24

141.2

141.2

Share premium

300.3

300.3

Other reserves

174.5

222.9

Treasury shares

(22.5)

(26.2)

Retained earnings

826.2

1,089.9

Equity attributable to equity holders of the Parent Company

1,419.7

1,728.1

Non-controlling interests

0.7

01.8

Total equity and reserves

1,420.4

1,729.9

Liabilities

Insurance liabilities

– outstanding claims

18

3,273.6

2,631.9

– unearned premium

18

998.0

914.4

Other payables, including insurance and reinsurance payables

– insurance and reinsurance payables

30

218.8

245.9

– other payables

30

118.5

139.7

Financial liabilities

17

11.0

9.7

Current income tax liabilities

0.1

22.0

Borrowings

31

388.5

318.0

Retirement benefit obligations

32

30.8

15.3

Deferred tax liabilities

14

42.4

87.3

Total liabilities

5,081.7

4,384.7

Total equity, reserves and liabilities

6,502.1

6,114.6

Roger Taylor

Chairman

Richard Hextall

Group Finance Director