| In Syndicate 2001 2008 £m |
In Amlin Bermuda Ltd 2008 £m |
In Group owned companies 2008 £m |
Total 2008 £m |
In Syndicate 2001 2007 £m |
In Amlin Bermuda Ltd 2007 £m |
In Group owned companies 2007 £m |
Total 2007 £m |
|
Investments |
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Financial investments |
1,573.1 | 1,196.1 | 100.4 | 2,869.6 | 1,577.2 | 854.7 | 207.0 | 2,638.9 |
Other assets |
||||||||
Intangible assets |
– |
– | 110.2 | 110.2 | – | – | 69.0 | 69.0 |
Property and equipment |
– | 0.4 | 8.0 | 8.4 | – | 1.0 | 4.8 | 5.8 |
Cash and cash equivalents |
0.3 | 0.1 | 13.7 | 14.1 | 3.9 | 0.7 | 7.0 | 11.6 |
Loans and receivables – insurance assets |
186.3 |
163.0 | (43.8) | 305.5 | 113.5 | 98.5 | (29.0) | 183.0 |
Loans and receivables – other |
57.8 |
5.7 | 5.2 | 68.7 | 37.5 | 3.2 | (3.8) | 36.9 |
Deferred income tax |
– | – | 11.1 | 11.1 | – | – | 13.4 | 13.4 |
Current income tax |
6.9 | – | 6.4 | 13.3 | 3.5 | – | 0.5 | 4.0 |
Reinsurance assets |
868.2 | 0.3 | (151.6) | 716.9 | 704.5 | (0.1) | (87.5) | 616.9 |
Total assets |
2,692.6 | 1,365.6 | 59.6 | 4,117.8 | 2,440.1 | 958.0 | 181.4 | 3,579.5 |
Current liabilities |
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Trade and other payables |
(44.9) | (12.0) | (53.1) | (110.0) | (19.5) | (10.4) | (172.1) | (202.0) |
Current income tax liabilities |
– | – | (6.9) | (6.9) | – | – | (25.7) | (25.7) |
Borrowings |
– | – | – | – | – | – | (0.1) | (0.1) |
| (44.9) | (12.0) | (60.0) | (116.9) | (19.5) | (10.4) | (197.9) | (227.8) | |
Non-current liabilities |
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Trade and other payables |
– | – | (13.2) | (13.2) | – | – | (5.1) | (5.1) |
Borrowings |
– | – | (295.9) | (295.9) | – | – | (277.4) | (277.4) |
Retirement benefit obligations |
– | – | (4.0) | (4.0) | – | – | (2.8) | (2.8) |
Deferred tax liabilities |
– | (144.6) | (144.6) | – | – | (128.1) | (128.1) | |
| – | – | (457.7) | (457.7) | – | – | (413.4) | (413.4) | |
Total liabilities |
(44.9) | (12.0) | (517.7) | (574.6) | (19.5) | (10.4) | (611.3) | (641.2) |
Insurance contracts |
(2,129.3) | (403.4) | 205.6 | (2,327.1) | (1,801.1) | (205.3) | 120.4 | (1,886.0) |
Consolidated shareholders’ funds at 31 December |
518.4 | 950.2 | (252.5) | 1,216.1 | 619.5 | 742.3 | (309.5) | 1,052.3 |
The assets of the Syndicate included above are held in regulated trust funds and are only available to pay syndicate related expenditure. Amlin Bermuda Ltd is also a regulated company. Other capital required for regulatory purposes by the Group companies which operate as a Lloyd’s managing agency and Lloyd’s service companies are shown as part of Group owned companies.