PDF (1.82MB) - Aviva

annual accounts
92
31|12|2001 31|12|2000
Other provisions
Provision for sundry purposes
– Balance sheet value on 1 January 132.3 146.4
– Payments charged to the provision - 26.0 - 12.8
– Additions 15.6 4.3
– Release - 19.2 - 5.6
102.7 132.3
Provision for adjustment to automated systems
– Balance sheet value on 1 January 14.2 32.5
– Payments charged to the provision - 11.4 - 18.3
– Additions – –
– Release - 0.8 –
2.0 14.2
104.7 146.5
Creditors
Debts from direct insurance operations
– Intermediaries 29.0 31.9
– Policyholders 754.0 719.1
783.0 751.0
For amounts due to policyholders the payment
term can be specified as follows:
– Term one year or less 517.5 524.6
– Term between one year and five years 51.9 95.8
– Term more than five years 184.6 98.7
754.0 719.1
The average interest rate for amounts due with a payment
term of more than one year is 5.9% (5.5%).
Other creditors
Other long-term creditors
– Term between one year and five years 28.6 102.0
– Term more than five years 8.0 35.9
36.6 137.9
The average interest rate is 6.7% (4.5%).