ANNUAL REPORT 2001 - Prudential plc
ANNUAL REPORT 2001 - Prudential plc
ANNUAL REPORT 2001 - Prudential plc
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CONSOLIDATED BALANCE SHEET<br />
31 DECEMBER <strong>2001</strong><br />
<strong>2001</strong> 2000<br />
Assets Note £m £m<br />
Intangible assets<br />
Goodwill 17 1,687 1,611<br />
Investments<br />
Land and buildings 22 10,487 10,303<br />
Investments in participating interests 23 87 83<br />
Other financial investments 24 109,328 108,125<br />
33 119,902 118,511<br />
Assets held to cover linked liabilities 25 17,453 18,323<br />
Reinsurers’ share of technical provisions<br />
Provision for unearned premiums 35 163 5<br />
Long-term business provision 589 353<br />
Claims outstanding 35 221 62<br />
Technical provisions for linked liabilities 330 396<br />
1,303 816<br />
Debtors<br />
Debtors arising out of direct insurance operations:<br />
Policyholders 270 237<br />
Intermediaries 2 2<br />
Debtors arising out of reinsurance operations 21 14<br />
Other debtors:<br />
Tax recoverable 174 50<br />
Other 511 574<br />
978 877<br />
Other assets<br />
Banking business assets:<br />
Egg 10(b) 8,037 7,895<br />
US Operations 935 708<br />
Tangible assets 26 241 288<br />
Cash at bank and in hand 33 1,436 1,402<br />
Own shares (ordinary shares of parent company) 27 52 31<br />
Present value of acquired in force long-term business 18 138 133<br />
Present value of future margins relating to advances from reinsurers 135 148<br />
10,974 10,605<br />
Prepayments and accrued income<br />
Accrued interest and rent 1,125 1,150<br />
Deferred acquisition costs:<br />
Long-term business 3,175 2,935<br />
General business 29 17<br />
Other prepayments and accrued income 143 105<br />
4,472 4,207<br />
Total assets 156,769 154,950<br />
40 <strong>Prudential</strong> <strong>plc</strong> Annual Report <strong>2001</strong>