EEV - Group
| EEV highlights | 2007 | 2006 | Movement |
|---|---|---|---|
| EEV operating profit before tax* | £881m | £614 | 43% |
| Return on embedded value* | 11.5% | 8.9% | 2.6% points |
| Diluted EEV operating EPS* | 28.3p | 20.7p | 37% |
| EEV profit before tax* | £838m | £1,022m | (18%) |
| EEV | £6,211m | £5,608m | 11% |
* 2006 results are shown on a
pro forma basis.
Please refer to the basis of
preparation section in the business review and
the glossary.
Against volatile market
conditions operating
profit before tax
increased by 43% to
£881m (2006: £614m).
Total profit before tax
fell 18% to £838m
(2006: £1,022m) as a
result of the reduction
in non-operating profits
which are mainly
market driven and
occur as a result of
investment performance being different from
that anticipated in the opening EEV. Further
details on operating profit and non-operating
profit are given in the EEV profitability and return on embedded value section.



