Notes to the Annual Financial Statements 1. Accounting Policies 2. Adoption of International Financing Reporting Standards and changes in accounting policy 3. Segmental analysis 4. Insurance risk management 5. Earnings per share 6. Property and equipment 7. Investments 8. Risk relating to financial assets 9. Insurance contract provisions 10. Insurance liabilities and reinsurance assets 11. Intangible assets 12. Deferred income tax 13. Loans and receivables 14. Property for sale 15. Cash and cash equivalents 16. Share capital 17. Share premium 18. Retirement benefit information 19. Trade and other payables 20. Solvency margin 21. Claims handling expenses included in net claims 22. Investment income 23. Income before tax 24. Income tax expense 25. Related party transactions 26. Directors' emoluments 27. Cash generated from operations 28. Net increase in working capital 29. Taxation paid 30. Capital commitments 31. Operating lease commitments 32. Foreign currency exposure 33. Impact of application of IFRIC 8 34. Post balance sheet events

For the year ended 31 December 2005