Assets and liabilities by business segment

At 31 December 2006	Aviation £m	Non-marine £m	Marine £m	UK commerical £m	Total UK divisions £m	Amlin Bermuda Ltd £m	Intra group items £m	Other technical £m	Total £m
Assets
Assets attributable to business segments	268.1	1,012.8	417.4	546.0	2,244.3	739.4	(99.6)	13.5	2,897.6
Assets allocated between the UK and Bermuda					549.2	–			549.2
Total assets									3,446.8
Liabilities
Liabilities attributable to business segments	255.4	873.2	374.0	492.4	1,995.0	135.7	(99.6)	11.7	2,042.8
Liabilities allocated between the UK and Bermuda					467.6	–			467.6
Total liabilities									2,510.4
Total net assets									936.4

The net assets of Amlin Bermuda Ltd are located in Bermuda and the USA. The majority of the other assets of the Group are located in the UK, theUS and Canada. The corresponding liabilities are also concentrated in these countries, but given the nature of the Group”s business some of the liabilities will be located elsewhere in the world.

During the year, Amlin Bermuda Ltd purchased £1.9 million of fixed assets. Other assets purchased by Amlin Corporate Services Limited during the year totalled £1.7 million. These cannot be allocated to a specific segment. Depreciation has been charged on property and equipment for the year amounting to £3.1 million of which £0.3 million has been charged to aviation, £1.4 million to non-marine, £0.5 million to marine, £0.2 million to UK commercial, £0.4 million to Amlin Bermuda Ltd with the remainder not being allocated to a specific segment.

(1) Agency expenses allocated to segments represent fees and commission payable to Amlin Underwriting Limited;
(2) Other non-underwriting expenses and finance costs are incurred in support of the entire business of the Group and have not been allocated to particular segments.