Aviva (AV.)

Sector:

Insurance

Index:

FTSE 100

483.80p
   
  • Change Today:
      4.30p
  • 52 Week High: 506.60
  • 52 Week Low: 415.60
  • Currency: UK Pounds
  • Shares Issued: 2,677.10m
  • Volume: 3,740,347
  • Market Cap: £12,952m
  • RiskGrade: 140
  • Beta: 1.22

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend11.10p10.30p7.35p6.00p9.50p
Final Dividend22.30p20.70p14.70p14.00pn/a
Total Dividend33.40p31.00p22.05p27.00p9.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 18,497.00 16,689.00 19,398.00 18,590.00 29,711.00
Operating Profit/(Loss) 2,240.00 (1,917.00) 1,158.00 2,364.00 4,295.00
Profit Before Tax 1,690.00 (2,239.00) 801.00 1,812.00 3,821.00
Profit After Tax 1,106.00 (1,030.00) 336.00 1,466.00 2,620.00
Discontinued Operations          
Profit After Tax n/a n/a 1,700.00 1,444.00 43.00
PROFIT FOR THE PERIOD 1,106.00 (1,030.00) 2,036.00 2,910.00 2,663.00
Attributable to:          
Equity Holders of Parent Company 1,085.00 (1,051.00) 1,966.00 2,798.00 2,548.00
Minority Interests 21.00 21.00 70.00 112.00 115.00
           
Continuing EPS          
Earnings per Share - Basic 37.70p (34.70p) 5.85p 46.97p 108.55p
Earnings per Share - Diluted 37.70p (34.70p) 5.78p 46.71p 108.21p
Earnings per Share - Adjusted 37.70p (34.70p) 5.85p 47.50p 94.88p
Continuing and Discontinued EPS          
Earnings per Share - Basic 37.70p (34.70p) 38.08p 92.37p 110.46p
Earnings per Share - Diluted 37.70p (34.70p) 37.77p 91.84p 110.11p
Earnings per Share - Adjusted 37.70p (34.70p) 38.08p 80.00p 104.74p
           
Dividend per Share 33.40p 31.00p 16.76p 35.53p 16.45p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Property, Plant & Equipment 424.00 350.00 428.00 768.00 889.00
Intangible Assets 3,068.00 4,161.00 3,691.00 4,233.00 4,655.00
Investment Properties 6,232.00 5,899.00 7,003.00 11,369.00 11,203.00
Investments 245,831.00 224,086.00 264,961.00 351,378.00 344,949.00
Other Financial Assets n/a n/a n/a (100,000.00) n/a
Insurance/Re-Insurance Assets 12,417.00 13,056.00 15,032.00 13,338.00 12,356.00
           
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 7,113.00 8,865.00 8,479.00 12,094.00 12,138.00
Cash at Bank & in Hand 17,273.00 22,505.00 12,485.00 16,900.00 19,524.00
Other Current Assets 95.00 336.00 170.00 183.00 n/a
Other Assets 48,807.00 36,058.00 46,225.00 69,594.00 54,329.00
Total Assets 328,843.00 315,316.00 358,474.00 479,857.00 460,043.00
           
Liabilities          
Insurance Contracts n/a n/a n/a n/a 222,127.00
Provisions for Risks and Charges n/a n/a n/a n/a n/a
Other Insurance Liabilities 121,875.00 99,685.00 122,250.00 152,482.00 149,338.00
Borrowings 6,374.00 6,755.00 7,344.00 9,684.00 9,039.00
Provisions 1,248.00 1,586.00 2,984.00 3,263.00 3,720.00
Other Liabilities 189,746.00 194,395.00 206,442.00 293,868.00 57,134.00
Total Liabilities 319,243.00 302,421.00 339,020.00 459,297.00 441,358.00
           
Net Assets 9,600.00 12,895.00 19,454.00 20,560.00 18,685.00
           
Capital & Reserves          
Share Capital 901.00 1,124.00 1,141.00 1,182.00 980.00
Share Premium Account 17.00 1,263.00 1,248.00 1,242.00 1,239.00
Other Reserves 9,871.00 9,871.00 9,257.00 9,662.00 10,424.00
Retained Earnings 2,228.00 327.00 7,556.00 7,468.00 5,065.00
Shareholders Funds 9,282.00 12,585.00 19,202.00 19,554.00 17,708.00
           
Minority Interests/Other Equity 318.00 310.00 252.00 1,006.00 977.00
Total Equity 9,600.00 12,895.00 19,454.00 20,560.00 18,685.00
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities (2,732.00) 15,883.00 (2,858.00) (2,985.00) 5,849.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (350.00) (339.00) 74.00 (135.00) (123.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (1,820.00) (5,939.00) (4,402.00) (871.00) (2,210.00)
Net Increase/Decrease In Cash (4,902.00) 9,605.00 (7,186.00) (3,991.00) 3,516.00
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 11.5 n/a 92.3 9.0 5.8
PEG - Adjusted n/a n/a n/a n/a 0.1
Earnings per Share Growth - Adjusted n/a n/a -88% -50% 44%
Dividend Cover 1.13 (1.12) 0.35 1.34 5.77
Revenue per Share 674.09p 533.88p 5.04p 694.41p 759.68p
Pre-Tax Profit per Share 61.59p (71.62p) 0.21p 67.69p 97.70p
Operating Margin 12.11% (11.49%) 5.97% 12.72% 14.46%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.5 n/a 1,405.0 5.3 5.3
PEG - Adjusted n/a n/a n/a n/a 0.1
Earnings per Share Growth - Adjusted n/a n/a -100% -24% 58%
Dividend Cover 1.13 (1.12) 0.02 2.25 6.37
           
Dividend Yield 7.7% 7.0% 3.1% 8.3% 3.0%
Dividend per Share Growth 7.74% 84.99% (52.83%) 116.00% (68.33%)
Operating Cash Flow per Share (99.56p) 508.09p (73.49p) (111.50p) 149.55p
Cash Incr/Decr per Share (178.64p) 307.26p (1.86p) (149.08p) 89.90p
Net Asset Value per Share (exc. Intangibles) 238.05p 279.40p 405.32p 609.88p 358.73p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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