Notes to accounts

For the year ended 31 December 2007

The following five year summary is provided as additional information. It has been prepared from the accounting and/or statutory records of the Group together with adjustments, as described in the notes, for changes in accounting policies made after the date on which the original data was published. This information does not form part of the statutory financial statements, but should be read in conjunction with them and the responsibilities section of the auditors' report thereon.

	2007	2006	**2005	**2004	***2003
	£m	£m	£m	£m	£m
Managed capacity (year of account)	1,000.0	1,000.0	850.0	1,000.0	999.6
Amlin share	1,000.0	1,000.0	850.0	1,000.0	861.4
Gross premium written	1,044.7	1,113.8	993.5	945.6	937.4
Net premium written (i)	938.3	1,013.5	829.3	790.2	787.6
Net earned premium (i)	1,088.0	973.9	822.1	722.4	701.1
Profit attributable to underwriting	355.0	267.9	137.1	106.6	117.1
Profit before tax	445.0	342.7	186.7	119.7	117.8
Equity dividends	111.1	47.4	35.6	18.0	8.0
Intangible assets	69.0	66.0	66.0	66.0	63.2
Total assets*	3,579.5	3,446.8	3,607.2	2,340.7	1,977.8
Total liabilities	2,527.2	2,510.4	2,822.4	1,891.5	1,597.3
Equity shareholders’ funds*	1,052.3	936.4	784.8	449.2	380.5
Earnings per share
– basic	66.3p	50.4p	34.3p	20.7p	21.0p
– diluted	65.5p	49.8p	33.7p	20.4p
Dividends per share	20.8p	10.4p	9.0p	4.7p	2.1p
Net assets per share*	220.7p	175.6p	148.7p	113.7p	98.7p
Tangible net assets per share*	206.2p	163.2p	136.2p	97.0p	82.3p
Share price (at 31 December)	298.0p	325.3p	248.5p	141.5p	128.0p

*	The indicated amounts have been restated to the current policy whereby ‘Own shares’ are deducted from equity, where they were previously classed as an asset. The per share amounts have been restated taking account of this change.
**	The indicated columns above are restated under International Accounting Standards and for a change in accounting policy as per note 1 in addition to *** below.
***	The indicated columns above have been restated for the following material changes under International Accounting Standards
		Write back of amortisation on syndicate capacity Non-monetary assets foreign exchange adjustment Retirement benefit obligation recognition Mid to bid market valuation of financial assets
(i)	Net premium written and net earned premium exclude premium received by Amlin for the reinsurance to close of non-aligned members of Syndicate 2001.